Practicing good driving habits is an essential skill for the entire year. However, fall in New York creates several unique challenges that make accidents more likely to occur. Keep these specific hazards in mind when driving during the fall months in order to prevent...
Questions might arise about who causes the most accidents on New York roads. A review of demographic information may reveal some of the riskier drivers in the Empire State. Risks and car accidents Anyone could suffer injuries in a car accident due to someone else’s...
If you're thinking about donating in New York, you might see certain organizations offering options that let you donate now and pay later. With inflation on the rise, it makes sense for charities to offer payment plans to donors. But is donating now and paying later a...
For older adults in New York who are thinking about estate planning, it is important to consider the impact on their children. Whether the inheritances for each child are unequal or perfectly equal, there can be arguments and resentment. Estate planning for the future...
An estate plan doesn't just outline what to do with your property after you die. It protects you from unwanted health care and financial decisions in case you go into a coma or another form of incapacitation. Whether you're wealthy or poor in New York, you could...
The financial industry considers high-net-worth individuals to be those with liquid assets valued at at least one million dollars. These assets can result in high taxes, especially in the state of New York which has taxes designed specifically for those with a high...
Halloween night sees a significant increase in foot traffic as kids scour their neighborhoods looking for candy. Therefore, you will likely need to account for young pedestrians while driving during the evening hours. The final night in October is also a popular one...
Choosing the right executor often requires serious thought. There are multiple factors to consider beyond trust, such as health, youth, their willingness and their level of responsibility. 1. Have a backup It's advisable to choose both an executor and a backup...
Transfer on death or payable on death accounts make people question whether they should create revocable trusts. TOD and POD accounts avoid the probate process after someone dies. New York allows a person to register stocks and bonds in a TOD account. There are pros...
Assets that remain inside of your New York estate will likely be subject to probate when you pass. However, it's possible that at least some of your assets will be able to bypass this process if you use beneficiary designations. In addition, any assets that are owed...