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Attorneys
Estate Planning for Business: Why it is Important?
Estate planning is a good choice if you own a business and if you are worried about its future. A lot of people seem to
Business
Speeding Ticket Midtown NYC
Speeding Ticket Midtown NYC When most people get a speeding ticket in Midtown NYC the first thing they think of is how much the ticket is going to cost them. With speeding there is a rolling scale with smaller fines for speeds between 5-9 MPH over the limit, larger fines for 10-20 and it continues to go up from there. While this is certainly one concern of having a speeding ticket on your driving record, it is not the only one or, perhaps, the most important one. With each speeding ticket you get there are also points which go onto your driver’s license. These points are then looked at for a variety of things including setting your insurance premiums by
Attorneys
Should you set up a revocable living trust?
While getting older people do think of their retirement and plan accordingly, however, they avoid planning their estate which is equally important during and after their life. While having a proper retirement plan helps you to plan your choice of life after your retirement, the estate planning helps you to manage and secure your family and assets during and after your life. Estate Planning- Estate planning is equally important for everyone irrespective of your age and wealth, however, every individual needs different estate plan accordingly and it should be thought and implemented carefully after discussing with an estate planner. Though most people think of drafting a will, however, if you are worried about how the beneficiaries will handle their share
Attorneys
How to do Estate Planning for Non-US citizens?
Estate planning is a must for non-U.S. citizens in the United States as they may face some major estate planning challenges when it comes to taxes. Estate planning for non-US citizens is much more complicated as compared to estate planning for American citizens. Either you are hitched with a non-US citizen or if you are an alien resident who is hitched with a US citizen, you are required to follow some distinctive rules for estate planning. The basic estate planning steps are the same for the non-citizens as for the U.S. citizens i.e. you should have a will or living trust, beneficiaries should be named on insurance, bank & retirement accounts, and financial & medical power of attorney must be
Attorneys
Estate Planning for Pets: Why it is important?
Estate planning is something that is required for the safety and happiness of our family. Reports have suggested that estate planning doesn’t just secure your family’s future, but it also gives you peace of mind. A study in American has already confirmed that most people believe that having an estate is important but very few are taking it seriously. Now, in the year of the internet where everything is available online it would be a shame not to educate yourself on the topic of estate planning. The best part about planning your estate is the ability to plan for the future today. A lot of people aren’t just securing the future of their family but also are adding a special
Attorneys
Estate Planning: What happens when your spouse dies?
If you are married or in a permanent relationship, instead of only drafting a will, it is necessary for you to understand how your marital property administration will affect the distribution of your assets after your demise. Also, if you are staying with your partner but doesn’t lie in the category of being a spouse and thus the planned inheritance could also get impacted. Further, if you don’t understand this impact it can cause you a lot of financial problems like inability to pay taxes and debts, forced assets’ sale and insufficient allowance for the surviving spouse. Estate Planning- The people, who are married, as well as homo and heterosexual people living together that are recognized permanent by the state
