As you grow older, you, your spouse or your parents will likely have to confront the prospect of long-term care. As you do so, you might discover that the financial implications are overwhelming. For example, the New York State Partnership for Long-Term Care estimates...
Although married couples in New York get divorced for a wide range of reasons, some causes are more common. People who are considering ending their marriages can benefit from learning about various reasons for divorce. Furthermore, it is important to review potential...
Since there are many different types of debts, they are all handled uniquely during a divorce. For example, you can have credit cards, mortgages, car loans and medical debts. Here is more about how the court will handle your debts during a divorce. Debt after...
Getting older can be expensive. Aging can bring new health problems, and many retired people live on limited incomes, unable to afford the services they require. If this is your situation, Medicaid can help you receive the health care you need. Who qualifies for...
In today’s custody cases, the judge typically focuses on the best interest of the children for both legal and physical custody. In most cases, family courts prefer that both parents remain involved in their children’s lives, resulting in shared custody. However, what...
As you approach your golden years, you know the importance of estate planning and ensuring your retirement funds can keep up. In 2020, congress passed the SECURE 2.0 Act, which President Biden signed into law in December. It features a range of changes regarding...
The goal of a will is to ensure that your estate distributes to your heirs and loved ones according to your wishes. In addition to your personal information and a statement about your testamentary capacity, a will should include a few essential elements. Name an...
Aging comes with many challenges. As your body and health fluctuate, you may become more aware of how you want your loved ones to support your financial goals when a time comes that you cannot. Creating a power of attorney can give you and your loved ones peace of...
Since 1989, Americans have had to deal with credit scores. Your score, which a few credit bureaus compile, tells lenders whether you are likely to pay back the money you borrow. Consequently, virtually all financial institutions consider your credit score when...
Joint custody allows divorced parents to share the responsibilities of raising children. If you are a parent going through a divorce, you might wonder if joint custody is an appropriate choice for your family. To make an informed decision, it is important to review...
