Gov. Cuomo Proposes Changes to NYS Estate Tax
New York is one of only fourteen states that tax estates. That means in addition to the federal estate tax, a New York estate could be paying another 9% – 16% to Albany – a fact that some believe is leading to a migration from New York to other states. Governor Andrew Cuomo’s new budget […]
Separation and Divorce in the age of social media can be dangerous!
Posting an angry rant on Facebook or Twitter is far more dangerous than standing on your front steps and yelling it. Internet posts never fully disappear, and any attempt to delete your post could be construed as tampering with evidence, if someone wants to use the post in court. Click here for an interesting article […]
Preparing for Divorce
Although no two divorces are exactly the same, there are a number of things that can be done to make the process more efficient. First, even before meeting with your attorney, organize your paperwork so that your attorney will have a more accurate idea of the financial issues: make copies of tax returns, bank statements, […]
A good article about prenuptial agreements.
Forbes Magazine in a recent article offers some ideas to make prenuptial agreements more palatable. Worth reading before its too late. Click here
The O’Brien doctrine in NY Divorce Law
A recent Appellate Division decision highlights the ongoing saga of the O’Brien doctrine, which held that an educational degree obtained during the marriage has a monetary value which can, and at times should be divided between the parties. In McCaffrey v. McCaffrey, — A.D.3d –, — N.Y.S.2d — (App. Div. 3rd Dept. June 06, 2013) […]
James Gandolfini’s $30 Million Estate Tax Error
Estate tax planning does not have to be difficult, and should not only be for the very wealthy. http://www.dailyfinance.com/2013/07/08/james-gandolfini-will-estate-tax/
