Lawyers

 Retired Newlyweds Legal Planning for a Second (Third or Fourth) Marriage Love May be Lovelier- however it is also a Whole Lot More Complicated the Second Time Around Dennis Quaid, sixty five simply popped the query to 26 yr vintage Laura Savoie. They might be INSANE now not to do a PreNup! The divorce fee for 2nd marriages exceeds 60%. Hammering out the prison and monetary troubles in advance of time can save you an awful lot luxurious prison wrangling later. Beyond establishing who receives what inside the event of death or divorce, prenuptial agreements are more and more being used to address monetary troubles within the marriage. These so-known as ‘life-style clauses’ may be used to establish spending priorities and parameters. I might also strongly recommend that the couple comply with a non-disclosure provision. This clause sets up a financial penalty for sharing nude, sexually specific, or otherwise embarrassing snap shots and pics. Such a clause could prob...

 If you live in New York, dealing with both a personal injury lawsuit and a bankruptcy can be extremely complicated. Your Personal Injury Claim is Considered an Asset Regardless of which came first – your personal injury claim or your declaration of bankruptcy – your personal injury claim is going to be considered an asset in your estate, even if you haven’t won anything yet. So, it is vital that you get your personal injury attorney and your bankruptcy attorney working together. If you already have a personal injury claim in process when you declare bankruptcy, you will need to list any funds you are expected to receive if you win the lawsuit. If you are in an accident  while  you are in the bankruptcy process, and wish to start a personal injury claim, you will have to notify your bankruptcy lawyer and court trustee about the claim and have it added to your potential assets. If you are in an accident while you are in the bankruptcy process and a...

  If you live in New York and have more credit card bills than you can handle, there are several things you can do. The Post-Holiday Wake-Up Call Every December you swear you aren’t going to go overboard on spending for the holidays. And every January you get your credit card statements and realize that you did it again. If you’re credit card debt is becoming too much to manage, here are some options for you. What You Can Do on Your Own First things first – you need to set up a budget. The last thing you want to do after clearing your credit card debt is to start all over with more out of control spending. Experian has a good overview on how to set up a budget   https://www.experian.com/blogs/ask-experian/how-to-make-a-budget/ . But basically, for paying down debt you should: Figure out your total income – where your money comes in from Figure out your monthly expenses – concentrate on necessities (food, home, transportation, etc…) Anything extra sho...

  How Can An Estate Planning Attorney In Queens NY Help You Estate planning is a complicated process that can be daunting to plan for. In addition to making sure your loved ones are taken care of, you also need to make sure that your estate is managed correctly after you pass away. Here we will discuss estate planning attorneys in Queens, NY . What is an Estate Planner? An estate planner is a lawyer who helps people create wills and trusts, as well as other legal documents, to ensure their assets are appropriately distributed after they die. Estate planners also help clients protect their assets in case of a disability and plan for the care of their loved ones. What Do Estate Attorneys Do? Estate planning attorneys are lawyers who specialize in estate planning. Estate planning is the process of preparing for your future and making sure your assets are distributed according to your wishes when you pass away. In addition to helping clients plan for the future...

 It’s no surprise that the coronavirus pandemic is causing divorce rates to rise as quarantine has placed additional strain on relationships. The combination of couples stuck in the house, homeschooling children, working remotely, dealing with unemployment and financial strain, worrying about their health and the health of loved ones, and maybe even experiencing the death of a loved one has put a significant strain on relationships causing many marriages to reach their breaking point. The Pandemic and Divorce Rates When the pandemic began in March there was already an uptick in divorce rates. The New York Post reported that people filing for separation during quarantine peaked nationally on April 13, 2020, which was about three weeks after most states began lockdowns.  https://nypost.com/2020/09/01/divorce-rates-skyrocket-in-u-s-amid-covid-19/ Furthermore, data collected by Legal Templates, a company that provides legal documents, reported the number of p...

  If you or an elderly parent have (or are thinking about getting) a reverse mortgage, there are things you need to know about how these types of mortgages work. And yes, you may still have to deal with the threat of foreclosure. What is a Reverse Mortgage? With inflation skyrocketing, many seniors on fixed incomes are struggling with the rising cost of living. If you are a homeowner of 60 or over, you may be eligible for a reverse mortgage. Unlike a traditional mortgage, where you are given a lump sum and pay it back month by month, a reverse mortgage uses your home equity to pay  you  every month. The reverse mortgage comes due when you die or sell the home (learn more about  what types of reverse mortgages are available in New York ). But like any other financial agreements with lenders, there are terms and conditions you need to pay careful attention to. While a reverse mortgage sounds like a great idea, there have been far too many unscrupulous ...

  There are ways to show that the Will is the actual instrument that a deceased person made when the personal representative and estate planning attorney initially submit the document to the court. The process of submitting a Will to the court is called “probate”. Many states define testamentary writings as the actual document, other testamentary instruments, and codicils. Codicils are written changes made to the Will later in time. In the initial meeting with a personal representative, the retirement planning lawyer must determine if the Will or other estate planning documents exists. This is because, courts require that the original instruments be submitted to it before it can commence estate administration proceedings. Newspapers will often contain advertisements from lawyers or personal representatives seeking information on the location of a Will because it cannot be found. If the document is located, it should then be submitted to the Court along with a “Peti...

  First, it is important to understand that there are two kinds of divorces – contested and uncontested.  During an uncontested divorce in New York, both parties agree on all the terms and do not need the court to divide assets or make determinations about child custody, child support or maintenance (alimony).  Thus, an uncontested divorce is usually a quicker process and is less of a financial burden.  An uncontested lawyer will be able to assist with this divorce route.  On the other hand, a contested divorce in New York is one in which the spouses cannot agree on dividing the assets, distribution of debts, custody of children, child support or spousal support. Property division can take a lot of time to resolve, especially in high-net-worth cases. Essentially, the more contested your divorce becomes and the more issues the spouses can’t agree on, the more time your divorce will take both in and out of court.  These issues can and will drive up...