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Showing posts from December, 2023

Support Your Child Through Divorce: Effective Communication Strategies for the School Year

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  EFFECTIVE COMMUNICATION: GUIDING YOUR CHILD THROUGH DIVORCE DURING THE SCHOOL YEAR Dealing with divorce during the school year can be challenging for both parents and children alike. As seasoned  Queens Divorce Lawyers  at  Beckerman & Granados, PLLC,  we recognize the significance of providing support and guidance during this difficult transition. We are here to share invaluable tips on navigating divorce with your child as the new school year approaches. By following these recommendations, you can ensure a seamless transition and minimize any potential negative impacts on your child’s academic performance and emotional well-being. Effective Communication: Guiding Your Child Through Divorce One of the most critical aspects of helping your child cope with divorce is open and honest communication. Engaging in meaningful conversations with your child about the upcoming changes is essential. Here are some key points to consider: Age-Appro...

Pryor & Mandelup, L.L.P.: Finding the Right Chapter 13 Attorney in Long Island

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  Long Island Chapter 13 Attorney: Regain Financial Stability Through Debt Repayment Introduction: If you’re facing financial challenges and looking for a solution that allows you to repay your debts while keeping your assets intact, Chapter 13 bankruptcy may be the right option for you. Located in Long Island, Pryor & Mandelup, L.L.P. is a trusted law firm with experienced Chapter 13 attorneys who can help you navigate the complexities of this debt reorganization process. In this article, we will explore the role of a  Long Island Chapter 13 attorney , the benefits of filing for Chapter 13 bankruptcy, and introduce you to Pryor & Mandelup, L.L.P., the premier bankruptcy law firm in the region. Understanding Chapter 13 Bankruptcy: Chapter 13 bankruptcy, also known as “wage earner’s bankruptcy,” is designed for individuals with a regular income who are seeking debt relief. Unlike Chapter 7 bankruptcy, Chapter 13 allows you to reorganize your deb...

Advantages of Consulting an Estate Planning Attorney in Queens, NY

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  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, they also handle ...

What Type of Business Reorganization Bankruptcy Case Should be Filed

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  What Type of Business Reorganization Bankruptcy Case Should be Filed What Type of Business Reorganization Bankruptcy Case Should be Filed, a Subchapter V, Small Business Chapter 11, or a Standard Chapter 11 Case? When a business faces financial challenges, the decision to file for bankruptcy becomes a critical juncture. This article aims to demystify the complexities surrounding business reorganization bankruptcy and explore the options available:   Subchapter V, Small Business Chapter 11, and Standard Chapter 11 cases. Understanding Subchapter V Bankruptcy Subchapter V is a specialized bankruptcy option designed for small businesses. To qualify, a business must meet specific criteria, such as having less than $2.7 million in debt. The advantages of Subchapter V include a streamlined process, reduced administrative burdens, and the ability to retain ownership and control. Exploring Small Business Chapter 11 Small Business Chapter 11 provides an altern...

Getting a Contested Divorce in New York: Expert Legal Support

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GETTING A CONTESTED DIVORCE IN NEW YORK: EXPERT LEGAL SUPPORT Introduction : Contemplating a contested divorce can be emotionally and legally challenging. When facing such a situation in New York, it’s crucial to have the support of an experienced and knowledgeable divorce lawyer. At  Beckerman & Granados PLLC , we understand the complexities of contested divorces in New York and are here to guide you through the process with compassion and expertise. In this blog post, we will explore what a contested divorce entails, the importance of hiring a skilled lawyer, and how our team can assist you during this difficult time. Understanding Contested Divorce in New York : A contested divorce occurs when spouses are unable to reach an agreement on one or more key issues, such as child custody, division of assets, alimony, or child support. Unlike an uncontested divorce, where both parties agree on all aspects, a contested divorce often involves disputes and requires court intervention ...

Paradigm Shifts with Harriette M. Steinberg, Esq. and Scott Mandelup

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  Paradigm Shifts with Harriette M. Steinberg, Esq. and Scott Mandelup In this episode of Paradigm Shifts, Harriette speaks with Scott Mandelup, Owner and Partner of Pryor & Mandelup, L.L.P.  Pryor & Mandelup, L.L.P.  is a boutique business law firm located in Westbury on Long Island, NY that was founded in 1987. They represent diverse corporate and individual clients in all aspects of bankruptcy and insolvency, including out-of-court restructurings, bankruptcy reorganizations and liquidations, distressed asset sales and acquisitions, commercial litigation and commercial transactions. They represent debtors, creditors, creditor committees, and bankruptcy trustees, giving us a unique multi-dimensional view of your problems. Scott Mandelup has practiced in the fields of bankruptcy, creditors’ rights and commercial litigation since 1978. Tune in to the episode to learn more: How has the pandemic affected money for Scott’s clients? * What kinds of proble...

Revenue Regulation 2023 - Law Offices of Ann Margaret Carrozza

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  Revenue Regulation 2023 Avoid Letting Excessive Tax Planning Lead to Additional Taxes! My phone hasn't stopped ringing—if you could ask someone older than fifty to translate. In response to the most recent IRS Revenue Ruling 2023-2, there have been calls and emails. According to the decision, assets placed into an irreversible trust would pass to the next owner on a "carryover basis" rather than a "stepped up" or Fair Market Value cost basis as they are not included in the taxpayer's estate upon death. Put otherwise, the trust beneficiary receives assets from this trust with a significant latent tax impact. Understandably, many irrevocable trust holders get extremely alarmed at the thought of subjecting their loved ones to capital gains taxes. Who is this recent verdict concerning? Only those with the incorrect choice of trust! Here are some guidelines to assist you in calculating your tax liability. A person whose estate assets are va...

Demystifying the Statute of Limitations for Mortgage Reformation

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Demystifying the Statute of Limitations for Mortgage Reformation: Addressing Errors in Present-Day Mortgage Documents The world of real estate and mortgages is complex, and errors in mortgage documents can have profound consequences. One avenue available to address such errors is mortgage reformation. However, the applicability of the statute of limitations in the context of mortgage reformation, especially when errors become apparent today, adds an additional layer of complexity to the legal landscape. Understanding Mortgage Reformation Mortgage reformation is a legal process that allows for the correction of errors or mistakes in mortgage documents. This corrective action is crucial in ensuring that the intentions of the parties involved are accurately reflected in the written agreement. While the legal system recognizes the need for such corrections, the timing of addressing errors becomes a critical factor. Statute of Limitations in Mortgage Reformation The statute of limitations ...