Ending a marriage can significantly affect the divorcing couple and their family — emotionally, mentally and financially. There is no such thing as a quick fix or one-size-fits-all solution for divorces. The same goes for cases involving complex assets that can be...
Year: 2024
3 issues that could lead to an employee misclassification lawsuit
Businesses often need to hire when they grow, or when existing workers retire or take new jobs elsewhere. Acquiring new talent means accepting quite a bit of financial responsibility. The employer must pay for a salary and benefits. There could be costs associated...
What happens to your wealth when you pass away without a will?
Nothing in life is guaranteed, but how you manage your family and riches can be. If you have worked hard to acquire properties and significant assets, you understand the effort it took to get here. Such a huge feat makes estate planning far from a casual concern. So,...
Understanding the difference between a will and a trust
When planning for the future, you should consider how you want your assets and belongings distributed when you are gone. Two common legal tools for this purpose are wills and trusts. They both serve the same general purpose of outlining your wishes regarding your...
Protecting your investments in a New York divorce
Divorce can be a challenging process. This is especially true when it comes to dividing assets and investments. In New York, equitable distribution laws govern the division of marital property, including investments acquired during the marriage. Protecting your...
How AB trusts can benefit the wealthy
AB trusts, also known as bypass or credit shelter trusts, offer advantages for wealthy people seeking to preserve and protect their assets for future generations. These trusts are valuable estate planning tools that help accomplish various estate planning objectives....
Proper plans to receive future Medicaid coverage
Growing older brings a variety of possible infirmities, and it is possible you or your spouse might need to go into a nursing home someday. While some people put aside enough money for future care, you realize you might exhaust your assets in long-term care costs....
Can a mother refuse to acknowledge a New York father’s paternity?
Marital status has an impact on a father's rights, but not to the degree that many men assume. Unmarried fathers often worry that their relationships with their children are completely dependent on their relationship with the child's mother. They think she can deny...
Filing for divorce in an abusive relationship
Filing for divorce can be a challenging process, and it becomes even more complex when you are in an abusive relationship. If you are considering filing for divorce while facing intimate partner violence, approaching the end of your marriage correctly is vital. Also,...
4 strategies for contract dispute resolution
In the realm of business, contract disputes can be a challenging terrain to navigate. When parties find themselves at an impasse, seeking effective strategies for resolution becomes important. 1. Clarify expectations early on The foundation of any successful business...