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Learning that a child raised and loved isn't biologically yours can shatter you in ways that are hard to put into words. The emotional pain is real and crushing. But the financial implications that follow can make an already painful situation feel impossible. Knowing...
Families who own homes or land in more than one state often face added complexity when planning for future transfers. Since each state has its own probate rules, tax structure and property laws, a plan that works well in one jurisdiction may create delays or added...
A trust can be added to an estate plan to protect assets from probate, estate taxes and debt collectors. Assets in a trust are managed by a trustee, and it’s critically important to make sure that you choose the right party for that role. Before choosing your trustee,...
Divorce can be a very difficult time for parents and children. Parents often struggle to explain to their children what will happen after the divorce. Parents may consider learning more about child custody and discussing it with each other before talking to their...
For wealthy couples who are doing their estate planning, there can be some concerns over how beneficiaries will use their inheritance. Perhaps you are drafting your estate plan in your 50s, and you have a child who is technically a legal adult, but they are still in...
If you and your spouse created frozen embryos through in vitro fertilization (IVF), divorce can raise a difficult question: Who will decide what happens to them? One of you may want to use the embryos while the other does not. In New York, documents signed during IVF...
Dividing marital assets is often one of the most significant financial issues in a divorce. If you are ending a same-sex marriage, you may wonder whether the same rules apply to your properties. In New York, the answer is generally yes. Courts use the same property...
Receiving notice that your property may be acquired through eminent domain can be overwhelming. Whether you own a home, rental property or commercial building, you may be wondering what rights you have and whether you can challenge the process. While the government...
Real estate litigation sometimes stems from issues with a transaction, such as a seller failing to disclose issues with the property. Real estate litigation can also help separate joint ownership or facilitate the eviction of tenants who refuse to pay or uphold the...
Where you will live after you and your spouse decide to get a divorce is a major concern. Buying a new home may be one of the options you are considering. Understandably, it allows you to have an immediate fresh start and maintain stability for yourself and your...