When beginning the estate planning process, many people believe they only need to create a will to achieve their financial goals. For some, this may be enough to protect their assets and give them peace of mind. But that’s not always the case. Those with specific...
Year: 2022
Long Island’s strong real estate market and the lawyer’s role
The rise in mortgage rates has affected real estate markets across the country. Fortunately, on Long Island, the market has remained strong as house prices continue to climb. How strong? In September 2022, the median sale price for homes was $625,000, which is a 4.2%...
Tips on using social media during and after divorce
Using social media and posting about major life events has become a daily habit for many people. However, divorcing spouses may want to fight that urge. During a divorce, it’s essential to be careful when using social media sites, as anything posted online can...
What happens to your investment holdings when you divorce?
Couples in New York often have to make careful choices about how they hold their wealth. Simply putting funds in a savings account won't maximize returns. It is common for people to diversify their assets by maintaining an investment portfolio, buying real estate and...
Family heirlooms can cause estate disputes
A lot of estate disputes revolve around money. For instance, perhaps wealthy parents gave $1 million to one child and $10,000 to another. The child who got less feels slighted and says that the other must have manipulated their parents into setting up the estate plan...
Can you get all of your alimony in advance?
You ask your spouse for a divorce and the court orders your spouse to pay alimony. The reasoning is that you haven’t worked in years and it’s going to take time to re-enter the workforce, along with the fact that your ex is wealthy and you expected them to support you...
Who pays the credit cards in a New York divorce?
One of the most difficult parts of divorce is the practical process of separating your life from your spouse's life. You have probably shared everything, from bedrooms to bank accounts, for years. You have to divide your belongings with one another as you negotiate...
Co-parenting considerations for a child with an eating disorder
It’s always important for divorcing spouses who will be co-parenting children to find a way to work together amicably for their kids’ best interests. When a child is suffering from an eating disorder, it’s particularly crucial. Eating disorders are unlike many medical...
Can you leave money in your will to a caregiver?
America has an aging population, and many seniors rely on professional caregivers to retain their independence and remain in their homes instead of going into long-term nursing care. It’s only natural to feel a strong connection to a caregiver who has been with you...
What’s the relationship between child support and visitation?
Your ex wasn’t exactly a great spouse, and they’re not turning out to be the world’s best co-parent, either. Sure, they’re fantastic at showing up with armloads of presents for the kids, and they seem to enjoy being the “fun” parent, but they’re short on...

