Wells Fargo to Close 450 Branches: As such, if you need a place to obtain a green medallion signature guarantee – try online instead of a branch – www.eSignatureGuarantee.com

Wells Fargo to Close 450 Branches

To improve efficiency, the nation’s third biggest bank by assets will prune its expansive branch network.

John Maxfield

(JohnMaxfield37)

Jul 18, 2017 at 9:11AM

Wells Fargo (NYSE:WFC) has long been known among analysts and commentators as one of the nation’s most efficient banks. As a result, when its efficiency started to slip recently, the bank responded by announcing initiatives to cut annual expenses by $4 billion by the end of 2019.

Continue reading “Wells Fargo to Close 450 Branches: As such, if you need a place to obtain a green medallion signature guarantee – try online instead of a branch – www.eSignatureGuarantee.com”

What You Should Know About Creating A Last Will & Testament

Jodi B. Zimmerman, Esq.

 

Jodi B. Zimmerman, Esq.

Sichenzia Ross Ference Kesner LLP

Email: jzimmerman@srfkllp.com

What You Should Know About Creating A Last Will & Testament

First: Why You Need A Will and What happens If You Die Without A Will?

⇒  It’s important to have a Will so that your family/friends/business associates don’t spend the next decade fighting, in court and possibly in person…with fists.

  • This can get even uglier if you have young kids, or lots of money and property, or both.

⇒  If you die without a Will, in most instances, your property will be distributed among your closest surviving relatives, including assets and custody over minor children. (“succession laws.”)

⇒  Your estate will still have to go through the probate process (but called Administration), and “intestacy laws” kick in to determine who gets what.

⇒   A few examples of New York intestacy laws:

  • If you are survived by

            o your spouse only = everything you own will go to your spouse.

            o your spouse and one or more children = your spouse will receive $50,000 and ½ the rest of your estate, your remaining estate will be given to your children by representation. No consideration is given to special circumstances (i.e. infirm child).

 

Second: Decisions You Have To Make

Continue reading “What You Should Know About Creating A Last Will & Testament”