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Owning a business is hard work. Whether you have started your business from scratch or purchased it, business ownership is a challenging and rewarding experience. When you put so much time, energy, and money into making sure you operate a successful business, it is important to make sure you put…
While we have written about it before, choosing the right estate planning attorney for your needs is an extremely important step as you explore a comprehensive estate planning strategy. You will need to work closely with your estate planning attorney to develop an effective approach to estate planning, and with…
For many individuals, intellectual property is not just something they create but also how they make their living. They might create content for websites, write fiction novels, act in movies, make graphic designs, or engage in any other aspect of intellectual property. Often intellectual property produces royalties or other residual…
There are a lot of considerations when it comes to comprehensive estate planning, not the least of which is choosing the vehicles you will use in your estate planning strategy to meet your needs. However, individuals inheriting from you may also need to be concerned with important considerations like the…
Comprehensive estate planning is an important part of life. It is an effective way to make sure the assets you have earned are protected and can be distributed to your loved ones when the time comes. Often, younger married couples engage in mutual estate planning together – especially when children…
Comprehensive estate planning can be an extensive process, especially if you have many different assets. However, there are also other important considerations when it comes to an effective estate plan, including family members with disabilities. For a long time, special needs trusts were the vehicle of choice in ensuring that…
A recent article by the New York Times covered some of the trends in aging and the economy that could have a tremendous impact on how families, particularly women and millenials, care for elder family members in the future. While it is no secret an increasing percentage of America will…
Starting January 1, 2018, most employees who work in New York State for private employers will be eligible to take paid family leave to care for a newborn child or a sick family member. If you are a public employee working for the state, your employer may choose to offer…
We have recently written about various estate planning mechanisms that can enable you to pay for a young person’s college tuition. If you are interested in making those types of arrangements, it is important to understand how they might affect your estate plan. A college savings plan could become an…
There are many different assets that combine to form your overall estate, and there are many different options when it comes to protecting those assets. Your estate can include real estate, stocks, copyrights, bonds, vehicles, and many other types of property. Your estate value also includes the cash you have…