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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...
Child custody arrangements can shift as life changes. You might find yourself needing to respond if a modification request feels unfair or doesn’t reflect your child’s best interests. When you understand your options early, it can help you approach the situation with...
Companies offer a variety of benefits and compensation options to try to attract and retain employees. One of these is restricted stock units, which are issued to employees through a vesting plan after they meet specific work milestones. These give employees interest...
Rental properties are often income-producing assets, which means that a family law judge must look beyond market value and consider rent rolls, expenses, capital improvements and long-term appreciation when factoring these assets into a decision about contested...
When a business contract breaks down, the consequences can be costly and disruptive. If a vendor fails to deliver, a partner breaches the terms or a client refuses payment, disputes arise, often triggering civil litigation. Knowing how to navigate contract conflicts...