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Month: July 2022

Making the most of tax-deductible contributions

Many people in New York make a point of donating to charity each year. There is a wide range of tax-exempt organizations in the United States, whether they engage in educational and cultural programs, support charitable deeds or promote religious activity. However,...

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Tax planning tips for New Yorkers

Tax planning in New York isn't just for the rich. Regardless of your socioeconomic status, there are ways for you to save on your taxes. While you save on your taxes, you could begin investing to improve your socioeconomic status. Max out your 401(k) The more you...

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What is the exordium clause in a New York will?

New York wills are comprised of various clauses and parts that are all required to clearly state someone’s wishes after they pass. It might be confusing to understand all the different parts of a last will and testament, but most are relatively straightforward. What...

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How long does probate administration take?

A person who passes away with a will transfers their property to the beneficiaries named in the will under testate. A person who passes away without a will has their property distributed through a state's intestate succession laws. The laws define which relatives...

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What should you do after a bicycle accident?

Many New Yorkers enjoy riding bicycles as a cheaper, healthier alternative to getting in a car. If you get into an accident, it’s important to know what to do afterward. Call 911 for help A bicycle accident that involves a motor vehicle can be serious. If you’re...

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Safe Tax Planning For High-Net-Worth Filers

For high-net-worth individuals in New York who are preparing to file their taxes, trying to minimize the tax burden without running the risk of an audit or other bad outcome. There are a lot of strategies that they can employ to meet these goals. Tax planning Many of...

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