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This intensive course provides an overview of the legal processes that occur when someone dies in New York State, and it outlines what people can do during their lifetime to plan appropriately. Gain an understanding of the important elements of a will; the various decisions to be made concerning healthcare, including healthcare proxies and living wills; and the selection of beneficiaries and executors. Examine the advantages and disadvantages to having a power of attorney. Also, discuss the distribution of a decedent’s assets, the rights of surviving spouses and other family members upon the death of a decedent, and the rights of creditors of an estate. In addition, this course covers the Surrogate’s Court, including the roles of the attorneys, the guardians ad litem, the public administrator, and the New York State attorney general. The transfer tax system also is discussed, including estate, gift, and generation-skipping transfer taxes. This course is beneficial to those studying law, financial planning, or accounting, as well as to individuals interested in the subject for personal reasons.
http://www.sps.nyu.edu/content/scps...981