As a former collector of Bronze-Age Marvel comic books, I was sad to hear of the passing of Stan Lee. As the creator or co-creator of so many comic book characters – the Fantastic Four, the Incredible Hulk, Spider Man, Iron Man, the Avengers, the Uncanny X-Men, Doctor Strange, the list goes on – Lee is one of the most meaningful entertainment influencers of our era. True, Lee owed a great debt to his prolific co-creators (and arguably more talented artists), such as Jack Kirby and Steve Ditko, but even though Lee’s style often promoted himself instead of Marvel and anyone else that made Marvel Comics the cultural juggernaut it has become, everyone from once-teenage comic collectors, to Disney executives
Blog of The Law Offices of Daniel Timins
Bye Bye 24 Hour Caregivers for Aging New Yorkers
Many thanks to Michael LaMagna, Esq. of Riker Danzig and Evan Gilder of Redlig Financial Services for their initial article that prompted this blog. Caring for elderly family members is as exciting as spending your bachelorette party watching C-SPAN reruns (elected officials excluded, of course), so why not pay another person to help your aging Grandma or Dad feed, bath and toilet themselves? And while you are at it, why not have that person “live-in” with Grandma 24 hours a day but only pay the for 13 hours of that work at minimum wage? These were the rules permitted in New York for live-in caregivers, provided they had an 8-hour sleeping period and 3 meal breaks equaling one hour each.
Angry Brothers Agree to Settle (Mom’s Estate)
You never know how close you are to your family until you have to share an inheritance with them. I am wrapping-up a case where my client’s mother died, leaving a Will that equally-distributed her real estate between her two somewhat-acrimonious sons. Usually this apartment would be sold, proceeds disbursed, and everyone would go their separate way. However, my client’s brother insisted that he could make them more money if he improved the real estate. His brother (my client) was not so hip on this idea – none of them had any real estate investing experience – but through sheer force, perseverance and presumption his brother had his own son move in (which he did – with a few kewl
Should You Treat Your Kids Evenly in Your Estate Plan?
I believe you do not need to treat children equally in your estate plan, even if they are equally responsible, equally financially-empowered, and on good terms with you and one-another. Some parents follow differing distributive patterns under Sharia Law or other cultural edicts, others leave disparate amounts to children if one has several children of their own and the other child does not. In the end, the decision of how to bequeath one’s money is the client’s decision. I had one couple who decided to almost completely disinherit their daughter. She was an active opioid addict for several years, and they felt leaving her substantial money (even if utilizing a trust with a substance abuse provision that would limit her