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Showing posts from April, 2023

COVID-19 Impacting Divorce Rates | Law Offices of Akram Louis

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  COVID-19 Impacting Divorce Rates 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, reporte...

What is the Corrections Act and How Can it Help My Bankruptcy Case?

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  What is the Corrections Act and How Can it Help My Bankruptcy Case? If you stay in New York and wanted to restructure your debt through Chapters 11 or thirteen financial ruin, the Corrections Act has, at least temporarily, lifted one of your roadblocks. The Challenge of Debt Limits When it involves each personal and small commercial enterprise bankruptcy, the options are whole liquidation (Chapter 7) or restructuring your debt (Chapters 11 and 13). The project with restructuring is that there are debt obstacles imposed. Up until June 21, 2022, people with unsecured debts over $465,275.00 and secured debts of over $1,395,875 had been ineligible to claim Chapter thirteen. In steeply-priced actual estate markets just like the New York metropolitan location, no longer to mention scholar loans, business debt, medical debt, and taxes, these limits have been without problems surpassed. For small businesses that desired to restructure beneath Subchapter V of Chap...

Do You Need An Elder Lawyer In Queens, NY?

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  Elder Lawyer In Queens NY Do You Need An Elder Lawyer In Queens NY When dealing with the complex issues that come with aging and planning for the future, it can be challenging to know where to turn. This is especially true if you are unfamiliar with what an elder law lawyer does, how and when to hire one, and what legal services they provide. In this article, we’ll cover all those topics on elderly lawyers in Queens, NY. What Does an Older Adult Law Attorney Do? An older adult law attorney can help you with various legal issues related to aging and disability. These may include: Drafting estate planning documents, such as wills, trusts, and advance directives. Probating estates in the event of death. Representing individuals seeking guardianships or conservatorships over those who cannot make decisions due to mental incapacity or physical impairment. How To Find an Older Adult Law Attorney If you are looking for an elder law attorney, there are ...

Best child support lawyer in Brooklyn | Beckerman & Granados, PLLC

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  THINGS TO KNOW ABOUT CHILD SUPPORT LAWYERS [BEST CHILD SUPPORT LAWYER IN BROOKLYN] Child support lawyers are lawyers who specialize in family law and primarily handle cases related to child support. They work to ensure that a child’s financial needs are met after their parents have divorced. They are even responsible for providing legal counsel to parents who are unable to afford the costs of raising their children. Child support is a legal duty of a parent to provide financial and other assistance for the child. This responsibility is not limited to the parent who has custody of the child. The law recognizes that both parents have an obligation to support their children, even if they are divorced. In other words, child support is a type of ongoing payment from one parent to another for the support of their children. The payments are made according to the state’s guidelines, which take into account the income of both parents and the amount of time they spend with...

Top-Rated Divorce Attorney Queens - New York divorce law firm

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  DIVORCE LAWYER IN QUEENS NY Divorce is a highly complex process, especially in New York. The laws regarding divorce vary from county to county, but if you’re considering filing for  divorce in Queens , you must hire the right attorney. Divorce can be one of the most stressful situations you’ll ever encounter in life, so make sure that your lawyer understands the laws and regulations surrounding this issue. Let’s discuss more on divorce lawyers. What is Divorce Law? Divorce is a legal process that ends a marriage. People getting divorced must get through all sorts of paperwork and procedures like filing petitions, obtaining temporary orders, and finalizing property division agreements before they can be considered legally divorced. Terms to Know The following terms are essential to understand when dealing with divorce lawyers: Custody Custody is the legal right to make significant decisions regarding the child’s health, education, and welfare....

Why is divorce so expensive in New York?

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  What Makes a Divorce Expensive in New York? 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.  T...

Second Marriage and Your Estate Plan | Law Offices of Ann M Carrozza

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 Second Marriage and Your Estate Plan Love may be lovelier, but it is a whole lot more complicated, the second (or third…) time around. For one thing, we tend to be older.  This means we have fewer working years ahead, within which to recover from a financially devastating break-up.  I believe it is critically important for folks to have a PreNup, to ensure that each party maintains a baseline degree of financial security in the event of a split. The biggest complicating factor, in my opinion, is adult children.  I have yet to see a second marriage without strain caused by the party’s respective children.  Without a good plan in place, we often see WW3 upon the death of the first spouse.  This usually involves ownership of the primary residence.  If I am the owner of the house, and my new younger husband moves in, he will likely ask to have his name put on the deed.  He will tell me that he will “of course take care to ensure that...

What Happens if I Don’t Pay My New York Property Taxes?

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If you live in New York, and are behind on your home’s property taxes, you risk having your home foreclosed on. This can happen even if you are up to date on your mortgage payments or own your home outright. What Will My County Do If I’m Behind on My Taxes? In New York State, property taxes are collected semi-annually by your county. Each county has their own protocols about what to do with delinquent property taxes, but they usually follow a similar path. After a specific deadline, if you still haven’t paid your taxes, your county will issue a tax lien on your property. The county can then either keep the lien itself or auction it off to the highest bidder. Nassau and Suffolk Counties regularly sell off their tax liens to third-party investors. New York City, however, sells their tax liens to a trust called the NYCTL Trusts. Either way, you will now have to pay what you owe, plus interest, plus fees to the owner of your tax lien. If you still cannot pay the cost of th...