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How Do I Avoid Estate Taxes?

There are a few ways you can avoid paying estate taxes. Strategies include liquidating your assets, using trusts, and giving your loved ones tax-free cash gifts. For most individuals, a group of strategies are necessary to reduce or even eliminate one’s estate tax obligation during the estate planning process. How Do I Avoid Inheritance Tax? […]

How Much Alimony will I Get?

In New York, as is the case in other states, the amount of alimony you can receive while your divorce is pending and in the years that follow is determined by an algorithm that considers both parties’ incomes, earning capacities, and any other relevant personal needs. Why Do you Have to Pay Alimony? The court […]

New York Child Custody Explained

  Child custody can be a sensitive topic, especially in a heated divorce or in the aftermath of a bad break-up. Nevertheless, it is important to understand your rights and obligations under the law if you are residing in New York. Below is a general overview of child custody laws in the state of New […]

Tips On Dating After Divorce When You’re Over 50

Divorce later in life is not an uncommon phenomenon in the United States, according to recent studies. Indeed, many of these marriages last one, two or even three decades before the spouses decide to call it quits. What is left is often two middle aged people who are getting back into the dating scene after […]

Putting On a Brave Front: How to Ensure a Happy Holiday for Kids of Divorced Parents

With the holidays just around the corner, the stress of handling seasonal demands – from holiday parties to school events to family gatherings – can become heightened if divorce has also been thrown in the mix. Beyond the added commotion brought on by this time of the year, different emotions may be stirred up for […]

Things to Consider When Approaching Retirement & Estate Planning

Transitioning into retirement can be a daunting process. Planning for this chapter in life can be even more intimidating. In both situations, it is important to take an honest look at your financial picture and change areas that need adjustment – if possible.  If you or someone you know is nearing retirement age and needs […]

Do the Beneficiaries on a Bank Account Supersede a Will?

The quickest way to undo an otherwise carefully-thought-out estate plan is the use of a bank, brokerage or retirement account. The reason for this is because the beneficiary designations on these accounts generally override a will. So, in theory, a wonderfully planned will can come undone due to carelessly named beneficiaries. If you or someone […]

Step-Parenting & Blended Families: Best Practices

It is estimated that three-quarters of the more than 1.2 million Americans who undergo a divorce annually eventually marry again. Because most first marriages result in offspring, these subsequent marriages result in a life that is often more complicated than it was before. Multiple children’s schedules, disputes between step-siblings, problems with former partners, and adjusting […]

Joint Legal vs. Physical Custody in New York

Custody orders can be confusing. Aside from the legal terms themselves, New York statutes are not crystal clear. In fact, state law does not reference legal or physical custody at all but, instead, refer to custody as a whole. That being said, all New York custody orders broach the of notion sole, joint, legal and […]

Ashley Madison Hack: Continued Consequences

Avid Life Media (Avid), the parent company of Ashley Madison – the infidelity website that made headlines across the globe when hackers revealed its users’ private information – has put out a reward for anyone who brings forth information on the culprits, according to a recent Fortune Magazine report. Avid has offered $377,000 for information […]