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Creating a child custody schedule is a critical process for divorcing parents. It’s vital to choose a schedule that prioritizes your child’s best interest and is suitable for your lifestyle. Otherwise, you risk emotional instability in your child and parental...
If you set up a trust, you have a specific goal for the beneficiary. For instance, grandparents will sometimes create a trust for a grandchild’s future tuition costs. They know that going to college can be prohibitively expensive, so they want their inheritance to...
If you and your spouse will be divorcing this year after a long marriage where they were the primary or sole “breadwinner,” you may understandably be concerned about how your standard of living will change. That may be a particular concern if your age, health or other...
Trees at or near a boundary line are common. People in New York often enjoy planting deciduous trees for their showy fall colors or conifers as a windbreak for the colder months of the year. They can also help designate the boundary between two parcels. A tree that is...
When it comes to divorce, it can be challenging to valuate all the marital property and achieve an equitable property settlement. For high-earner couples facing a split, the challenges multiply when determining who gets what asset in divorce. Country club memberships...
Building significant wealth often takes years of careful planning and steady effort. Protecting that wealth calls for the same level of intention. For families with high-value assets, estate planning is not only about future transfers. It is about reducing risk,...
You and your spouse are more than just romantic partners. You are also business partners. Shortly after you got married, the two of you launched a company together, and you have both been working there full-time ever since. So what happens if the two of you get...
Some people establish trusts to protect their assets or avoid tax obligations after they die. Others create trusts because they worry about the potential negative impact of a lump-sum inheritance. Large inheritances can cause a variety of financial and legal...