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Top 3 Wrong Bankruptcy “Facts” People Shouldn’t Believe

Thursday, November 29th, 2018

Filing for bankruptcy is a complex legal process that will affect everyone a little differently. Because of this, there are a number of myths and misinformation out there that you may have heard and believed. Before you start the bankruptcy process, you’re going to want to talk to a legal expert to get an idea...  read more

Leaving Your Estate to Charity

Thursday, November 15th, 2018

If you’d like to leave your estate to charity, you may have a number of different questions about how that’s done. It’s not quite as simple as leaving your estate to your heirs, and there are different options for you to consider. Fortunately, with the help of the right legal expert, charitable giving is actually...  read more

Estate Planning and Your Pets

Wednesday, October 31st, 2018

If you have a faithful pet you’ve lived with for years and who may outlive you, you may want to set aside some of your estate to provide care for them. Of course, pets can’t legally own property, so you can’t leave your home or any money to them. What you can do, however, is...  read more

I’m a Little Behind on Bills – Should I File Bankruptcy?

Friday, October 19th, 2018

You’ve missed a few payments on your credit cards. You’re a month behind on one of your utility bills. You’ve told your landlord you absolutely will be able to pay your rent…it will just be two weeks late. If you’re in this financial situation and there doesn’t seem to be any solution in sight, is...  read more

I’ve Filed for Bankruptcy Once – Should I Do it Again?

Wednesday, September 26th, 2018

Bankruptcy is a chance for you to get your finances in order and, if all goes as intended, emerge in a stronger place than you were. But for some people, life doesn’t make it easy. You may find yourself dealing with unexpectedly losing your job, large amounts of medical bills, or even losing a very...  read more

I Believe an Individual’s Will Isn’t Correct – What Can I Do?

Saturday, September 15th, 2018

If a loved one has recently passed away and you believe something about their will isn’t right, the legal action you need to take is call contesting the will. While contesting wills is somewhat common, you can’t simply do so because you think something isn’t right. Your claim has to be based on one of...  read more

I Want to Give My Estate to Charity – How Do I Do That?

Friday, August 31st, 2018

If you don’t have anyone to leave your estate to or believe strongly in a specific charity, you can leave your estate to that charity. This involves creating a charitable remainder trust or CTR. While a CTR is similar to other trusts in some ways, it does have a few notable differences. For one, it...  read more

‘Too Little Too Late’: Bankruptcy Booms Among Older Americans

Tuesday, August 7th, 2018

For a rapidly growing share of older Americans, traditional ideas about life in retirement are being upended by a dismal reality: bankruptcy.   The signs of potential trouble — vanishing pensions, soaring medical expenses, inadequate savings — have been building for years. Now, new research sheds light on the scope of the problem: The rate...  read more

How the Tax Reform Affects Your New York Estate Plan

Monday, April 23rd, 2018

When we hear about tax changes, we almost always first think of how it affects our income. However, income isn't the only thing that a new tax plan can influence. In fact, tax reforms can also have an impact on your estate plan.   If you expect to leave behind a large amount of money...  read more

New York Bankruptcy Means Test Changes 2018

Monday, April 16th, 2018

In order to file Chapter 7 bankruptcy in New York, you must first pass a means test. If you make more than the median income in New York, a means test determines if you qualify to file for bankruptcy.   However, as of April 1, 2018, the income and expense numbers have increased.   This...  read more

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