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March 2019 Archives

Elder law: Preventing financial abuse

Elder abuse, sadly, is alive and well. There are rules in place under elder law in New York, but some senior citizens still find themselves on the receiving end of abuse, which can also put a dent in their pocketbooks. According to recent statistics, about one in five Americans 65 years of age or older has suffered some kind of financial scam or financial abuse to the tune of more than $36 billion in total. 

Three considerations when drafting a durable power of attorney

A durable power of attorney is a document used to give someone the legal ability to handle your financial matters for you. It can help make sure your financial interests are protected even if you become incapacitated, and it can help prevent the need for guardianship. However, a poorly planned power of attorney could leave you vulnerable.

Real estate, technology go hand-in-hand in New York

The 21st century and The Big Apple seem to have come head to head when it comes to real estate. Technology has been given a new lease on the way real estate deals take place and that has been especially apparent in New York City -- the real estate hub of the world. A venture capital fund outfit has opened up new digs in Manhattan and PropTech Place aims to be the center of all things tech-related to property with a view to helping the city continue to break record growth in terms of real estate.

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