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Property division in New York follows equitable property division guidelines. As divorcing couples enter the property division process, they should know how equitable property division works and what that may look like for their property division settlement agreement....
For a number of reasons, many residents of the Buffalo area may run into serious financial problems. Recent statistics from the United States Bureau of Labor Statistics show that the employment rate hovers around 7.5% in Buffalo, meaning more than 1 out of 20...
Trusts are a popular estate planning vehicle for many in New York. They allow a person to pass their assets on to their heirs, with contingencies if they wish. In addition, trusts remain private and assets in a trust bypass probate -- an otherwise costly,...
Legions of Americans – including many residents across Western New York – readily note the strong utility of a well-considered and drafted estate plan for older persons commanding significant assets. It’s pretty clear, right? Persons of relatively advanced age having...
If you’re among those in New York who have recently lost a loved one, you no doubt understand how difficult it can be to move on in life in the absence of someone dear to you. It's emotionally challenging and may also present difficulties in other aspects of life. If...
No matter how good a marriage may seem, not all are destined to last forever. When a couple believes that their marriage is no longer viable a divorce can be imminent. A divorce is often one of the most difficult times in a person’s life so having anything that can...
Social Security disability (SSD) insurance benefits are an important resource for disabled individuals. Disabled individuals who are unable to work because of the disabling medical condition may be able to qualify for SSD benefits and should know how. Qualifying for...
Estate planning can be a difficult legal topic to breach with loved ones because it presumes one complicated and uncomfortable fact: the death of the planner. An estate plan is a set of legal tools that direct the disposition of a person’s assets at the time of their...
Intestate succession is not a legal concept that many New Yorkers are familiar with. It refers to the system of beneficiaries that state law recognizes when a person dies without a valid will. If an individual owns property or assets at the time of their death and...
If you have a loved one who suffers from a physical or mental disability, then you’re probably worried about their future, especially if you provide them with a lot of support. This consideration should definitely be taken into account as you create your estate plan....
