Divorce might be the right choice for you. Perhaps you and your spouse have grown apart and you know it is time for your marriage to end. Even knowing divorce is the right choice, it is normal to have anxiety about your divorce, especially when it comes to property or...
Even if you’re healthy now, there’s a significant chance that you’ll need long-term care at some point in the future. In fact, studies have shown that 70% of those age 65 and older will need some form of long-term care. This is a significant number, especially in...
Bankruptcy might be a solution for you if you are drowning in debt that you cannot pay. Before deciding to file for bankruptcy in New York it helps to know the different types of bankruptcy available. There are several different types of bankruptcy, but the two most...
A will specifies who will inherit your property, who will take care of your minor children, who will administer your estate and how your debts and taxes will be paid. The basics You can include any property that you own solely or jointly. You can also include any...
If you are a New York resident and you are going through a divorce, you may wonder how this will affect your estate plan. Divorce can have a significant impact on your will, beneficiary designations, powers of attorney and other estate planning documents. Therefore,...
Estate planning is a personal process and journey with no right path. What works well for one person’s situation may be difficult or impossible for a different person. It also comes with a new litany of estate planning options. Like your tool bag, you may choose one...
Prohibition ended on December 5, 1933, but states, counties, cities and towns are free to make their own decisions regarding the sale of alcohol, and all manner of restrictions persist to this day. The variety of laws across the country regarding who may be permitted...
When it comes to estate planning, a lot of people focus on their wealth and what they can do to effectively distribute it to their loved ones. This makes sense. After all, you’ve acquired some wealth over time, and you’ll want to make sure that those you love and...
On its face, the estate planning process might seem straightforward. You create a will, maybe a trust or two, and then sit back and take it easy. Or you might think that your estate and distribution plan is so simple that you can forego estate planning altogether. But...
There are many factors to consider when taking the necessary step of estate planning in New York. Most will think about their own situation and decide whether they need a will, a trust, a guardianship and other key aspects of a comprehensive plan. A crucial part of...
