Many New York residents procrastinate on creating an estate plan. However, a plan is necessary if the estate owner wants their final wishes to be carried out. The first step should be gathering financial records and getting a clear picture of all assets and debts....

Social media platforms allow someone using a mobile device in New York to share a picture or video with someone in another city, state or country. Those who are going through a divorce may need to pay careful attention to what they post or share on their accounts. It...

Children in New York and throughout the country can be negatively impacted by a divorce. Therefore, it is important to give them special consideration in the aftermath of what can be a significant event in their lives. In some cases, a child may believe that the...

The property division phase of a divorce can be complicated and frustrating. You may understand how to divide assets such as the contents of your checking and savings accounts, but what about your retirement accounts? Good question. It turns out that the rules are...

New York residents may be able to use a transfer-on-death (TOD) designation to transfer assets without the need to go through probate. Assets such as money in a bank or brokerage account could be eligible for such a designation. When the current owner dies, any...

It is a good idea for both parties of a New York marriage to have access to key financial information. This may also mean knowing how to access a computer or hard drive that stores an account. There are computer programs that can keep passwords stored in one secure...

When parents in New York decide to divorce, they can find themselves negotiating a new relationship with their former partner. Both parents often want what's best for their children, but they now need to agree with each other on how to co-parent effectively in two...

When a couple gets divorced in New York, it may have consequences for the company that they run together. It could also have consequences for a company that a spouse ran on his or her own. However, this doesn't mean that the business has to be sold or dissolved. In...

Divorce brings with it inevitable change, and if you are among those planning to divorce in the months or years to come, it is important that you recognize all the ramifications associated with doing so. While your living situation, finances, childcare arrangement and...

As the gender pay gap begins to decrease throughout New York, more and more wives are beginning to earn higher incomes than their husbands. Unfortunately, this societal advancement is not having a positive effect on all marriages. Analysts say that many American males...