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You have worked hard for your wealth, and now you want it to benefit your loved ones for as long as possible. Granted, your assets may not last forever, but perhaps you want your family to stay financially secure for years or even decades to come. Unfortunately, not...
A prenuptial agreement is a legal agreement of a couple before they get married. This agreement outlines the distribution of assets and financial responsibilities in the event of divorce or separation. Prenups have gained popularity as they provide clarity and...
An inherited asset can be money, property or valuable items. Anything of financial value can count as an inheritance under New York law, as long as it's received through a will, trust or estate. In contemplating divorce, you might wonder how it affects these assets....
In New York, child custody agreements establish children's legal and physical custody between parents. However, life changes can necessitate modifying these agreements. To pursue a change, parents must demonstrate a significant change in circumstances that affects the...
Sharing parental rights and responsibilities is commonplace. When parents divorce or break up with one another, they generally have to share parenting time and decision-making authority. Occasionally, one parent can make decisions that may have negative implications...
While it might not sound romantic, many couples choose to sign a prenuptial agreement before saying, "I do." This legal document, commonly known as a "prenup," helps couples plan how they'll handle their finances and assets during their marriage and if they ever...
When you create a trust, especially one that involves long-term property management or multi-generational wealth transfer, you may encounter a term called the rule against perpetuities. Generally, it aims to prevent people from tying up property indefinitely by...
Partition actions can be a key legal remedy for co-owners of property in New York who can no longer agree on how to manage or sell their jointly owned real estate. If you find yourself in a spot where co-ownership has become hard to handle, knowing about partition...
Do you remember the time when you last updated your estate plan? Could it have been weeks, months or years ago? If you can't remember, your circumstances likely have changed. Perhaps you were married before, but now you're divorcing. While not the most urgent matter,...
Navigating co-parenting after a separation can feel like charting unknown waters. A co-parenting plan is your map for this journey. It adds to your custody arrangement by setting clear rules for daily parenting tasks, such as school pick-ups or sharing health updates....