Free CE for Real Estate Agents Dec. 4th 2018

November 12th, 2018

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Real Estate & Estate Planning Strategies

New York Real Estate Agents are invited to attend a free Continuing Education course entitled Real Estate & Estate Planning Strategies. I am co-teaching the course with Jennifer Weisser, Esq. of Chaves Perlowitz Luftig LLP.

Course Description

The course focuses on how real estate, including condos, co-ops, and houses, fit into the legal areas of estate planning, probate, and administration of a decedent’s estate. The course first lays a basic foundation for understanding wills, trusts, estates, probate, trust and estate administration, powers of attorney, and guardianship. Then, the course explores in detail the special issues that arise in selling and managing real property and cooperative shares in a decedent’s estate or a trust estate, planning for the disposition of real property and cooperative shares, special tax issues, and duties of real estate agents.

Course Details

The CE will be held at the National Law Institute at One Penn Plaza, Suite 3406, New York, New York 10119 on December 4, 2018. The program begins at 8:45am and ends at 12:30pm.

You can sign up for the program by emailing the National Law Institute or registering on its website.

I hope to see you there.

Categories: Firm News, Real Estate

What is the difference between a guardian and a conservator?

Generally, none. New York used to use the terms conservator (today’s version of guardian of the property) and committee (today’s version of guardian of the person). Many states still use the term conservator, but the concept is the same.

If I petition to have a guardian appointed in a Mental Hygiene Law Article 81 proceeding, will I have to serve as guardian?

No. Even if you are the “petitioner” – the person who is asking the judge to appoint a guardian – you can ask the judge to appoint someone else. If there are no family or friends willing and able to serve, the judge can appoint a non-profit organization or “independent” professional guardian to serve.

My disabled child is about to turn 18. Am I automatically able to make decisions for them when they turn 18?

No (except for limited exceptions). In New York, parents are the natural guardians of their children until age 18. However, once a child reaches 18, even if they are developmentally or intellectually disabled, a parent cannot automatically make decisions for their adult child. Guardianship is often necessary for developmentally and intellectually disabled adults who do not have capacity to manage their own affairs without assistance.

How long does it take to get a guardian appointed and authorized to act in a Mental Hygiene Law Article 81 proceeding?

There is no set time. However, from the time counsel is retained, it usually takes about 2-4 months total for the guardian to begin acting. However, if a guardian is needed immediately, the judge can appoint a “temporary guardian” while everything gets sorted out. This speeds up the process.

When is a Kinship Proceeding Necessary?

A Kinship Proceeding in New York Surrogate's Court is necessary primarily in two circumstances:

First, a Kinship Proceeding is often necessary when it is unclear who is entitled to inherit from a deceased person's estate. In New York, a deceased person is called a "decedent".

Second, a Kinship Proceeding is sometimes required to determine who will serve as administrator of an estate when the decedent died without a will and it is unclear who has the right to serve as administrator above all others. An "administrator" is like an executor of an estate of a person who died without a will. Dying without a will is known as dying "intestate".

“Daniel Reiter is an honest attorney. He handled my brother’s estate with professionalism, diligence, and sensitivity. … I would recommend him highly!”

– Former Client

“Our experience with Daniel was great. … We highly recommend Daniel for anyone needing a strong, competent, and honest attorney.”

– Former Client

“Daniel is extremely thorough, very easy to deal with, he invests time to make sure that the issues are understood and clear.”

– Former Client

“Daniel is a true professional who takes pride in doing good work.”

– Former Client

Law Firm of Daniel J. Reiter, Esq.

30 Wall Street, 8th Floor (Suite 820)

New York, New York 10005

With an additional office in Queens

Phone: 646-820-4011

Email:

Free CE for Real Estate Agents Dec. 4th 2018

Free CE for Real Estate Agents Dec. 4th 2018

Real Estate & Estate Planning Strategies

Course Description

Course Details

Practice Areas

For More Information

Frequently Asked Questions

What Our Clients Say

Free CE for Real Estate Agents Dec. 4th 2018

Free CE for Real Estate Agents Dec. 4th 2018

Real Estate & Estate Planning Strategies

Course Description

Course Details

Practice Areas

For More Information

Frequently Asked Questions

What Our Clients Say

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