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The attorneys and staff at Gray & Feldman LLP are committed to delivering quality legal services that both meet and exceed client expectations.

 

 

Collaborative Divorce

Collaborative Divorce

A respectful and dignified approach to resolving your divorce or legal separation.

Special Needs Planning

Special Needs Planning

Allow us to help you plan for that special person.

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Family Law

We have experience with all types of family law matters.

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Trust / Estates

Trust us with your estate planning or administration needs.

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Elder Law

You needn't fear Medicaid.

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Business Law

We're your small business experts.

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Real Estate

Buying or selling: We can help.

 

Custody & Child Support Law

Custody & Child Support

We help tailor parenting plans and child support.

 

 

What is a Trustee?

You may establish a trust during your lifetime or in your Will. In either instance, you must name a Trustee.

George H. Gray 0 330 Article rating: No rating
You may establish a trust during your lifetime or in your Will. In either instance, you must name a Trustee. This is the person (it may be an entity or organization) who manages the property in the trust, distributes the principal and/or income to the beneficiaries and accounts to them for the Trustee’s actions. Since the job of a Trustee involves things financial, your choice of Trustee should reflect strong organizational and management skills. 

What is an Executor?

An Executor is the person you name in your Will who is “in-charge” of your affairs after your death.

George H. Gray 0 339 Article rating: No rating
An Executor is the person you name in your Will who is “in-charge” of your affairs after your death. The authority of an agent under a Power of Attorney to act on your behalf ceases at your death, and he or she can no longer access your bank or brokerage accounts or speak with custodians of your private information. It is the named Executor who generally commences the Probate Process to seek the issuance of “Letters Testamentary.” It is these “Letters” (generally evidenced by “Certificates of Letters”) which grant to your Executor the authority to administer your affairs after your death. Not until “Letters” are issued by the Court is anyone authorized to act on your behalf after your death.

What is a “Fiduciary:” General Considerations.

A “fiduciary” as a person to whom property or power is entrusted for the benefit of another.

George H. Gray 0 632 Article rating: No rating
The dictionary defines a “fiduciary” as a person to whom property or power is entrusted for the benefit of another. While our focus in this series will be on the individual fiduciary, it should be noted that a fiduciary may also be an entity, such as a Bank or Trust Company. The fiduciary relationship is based on and is in the nature of trust and confidence. 

Assist your parents' to take control of their digital legacy.

Protect your parents' internet identity after they're gone.

George H. Gray 0 797 Article rating: No rating
Protect Your Parents' Digital LegacyThe internet is now used for a wide variety of activities we take for granted as part of our daily routine. We use Facebook to share thoughts and photos, Twitter to keep in contact and on-line providers to manage our bank and credit card accounts. These items of information, memories and data are often characterized as “digital assets.” On September 29, 2016, a bill was signed into law by Governor Cuomo which enacted New York’s version of the “Uniform Fiduciary Access to Digital Assets Act” (the “Act”) which nineteen (19) other states have also enacted into law.

Make sure your aging parents' beneficiary designations are up to date.

George H. Gray 0 350 Article rating: No rating
Info for Aging Parents on NY Beneficiary DesignationIf they are in a situation similar to other middle class families in New York, a large portion of your parents’ Estate will pass by beneficiary designation, not according to their Wills. Consider two of the largest asset categories comprising their combined Estate. They have one or several retirement accounts and they have life insurance and annuity contracts with a death benefit.
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Resources




Special Needs Planning: A Guide for Families in New York with a Loved One with a Disability.
George H. Gray.

 

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Estate Planning and Administration: A Simple Guide for New Yorkers. George H. Gray

 


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Upcoming Seminars

Planning for the Future Webinar Series

In 2016, George Gray presented a 3-Part webinar series on Planning for the Future. It was made possible through collaboration with Starbridge, a Rochester, NY social services organization. Contact George Gray to learn more about these webinars. Contact Us

Part 1:  Guardianship
October 6, 2016.  12:00 pm - 1:30 pm
Learn More

Part 2:  Power of Attorney
October 20, 2016.  12:00 pm - 1:30 pm
Learn More

Part 3:  ABLE Accounts
November 3, 2016.  12:00 pm - 1:30 pm
Learn More


Contact Us

625 Panorama Trail
Building One, Suite 240
Rochester, NY 14625

tel: (585) 218-8620
fax: (585) 218-8600

 

 

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