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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....
Breach of contract scenarios are very frustrating for those who help operate businesses. Factors that should be predictable, including vendor deliveries and construction projects, can suddenly become a source of confusion and operational disruptions. Occasionally,...
Yes. Couples can choose to keep a property together even after a divorce. Co-owning a house after a divorce may make sense for some couples who want to try nesting or birdnesting. It can also make sense to keep a property together if: You are underwater on your...
Adding charitable giving to your estate plan is a great way to make a lasting impact. By including donations in your legacy, you can shape the future according to your values long after you are gone. There are many ways to add charitable gifts to your estate plan,...
When your marriage ends, you may find the division of assets becoming a contentious issue. Questions about how to treat inheritances in divorce proceedings often arise. Although the law may seem straightforward at first, there are nuances that can significantly impact...
Trusts are a cornerstone of the estate planning process. Individuals who want to ensure the management of their estate and protect their loved ones can benefit from establishing a trust. As a guarantor, when you establish a trust, you create an untouchable account to...