Category Archives: Asset Protection
Four Steps Toward Building Financial Security
Worrying about money and about how you will provide for yourself and your family, now and in the years to come, can take a toll on both your physical and emotional health. As experienced New York estate planning and asset protection attorneys, we know how employment problems and unexpected injuries or illnesses can easily… Read More »
Steps to Protect Yourself Against Liability in a Claim
Whether you own your own home or business, or have commercial properties you rent, you need to take certain steps to ensure accidents and injuries do not occur. Part of protecting your assets and your financial investment is reducing potential liability you could face. When someone is injured on your property due to dangerous… Read More »
Protecting Your Assets with Insurance
Most states, including New York, require you to carry a certain amount of car insurance and you are likely to receive health insurance coverage through your employer. You are also obligated to carry homeowners insurance when taking out a mortgage, but is the amount you have enough? Reviewing your homeowner’s policy and considering other… Read More »
Including Social Media and Digital Assets In Your Estate Planning
Many people today own websites and conduct an extensive amount of business online, which can be profitable enterprises representing significant sources of income. Whether you sell items or services online, make investments, or receive compensation through crowdfunding and passive income streams, it is important to include these in your will and other estate planning… Read More »
Four Ways to Protect Yourself and Your Home After Winter Storms
The first days of spring brought additional snowfall to the entire northern East Coast area, impacting people in New York, New Jersey, and throughout New England. With accumulations of 36 inches or more in some locations, recovering after these events can prove challenging. Your home is one of your most important investments, and to… Read More »
Are You Getting Married? Protect Your Retirement Benefits
Pension benefits and money in Roth IRAs, 401ks, or other retirement accounts play an important role in your future well being and financial security. When getting married, whether it is for the first time or after a previous divorce, it is important to follow some simple asset protection strategies to preserve these accounts, ensuring… Read More »
Are You Dealing With a Loved One’s Difficult Diagnosis? These Tips Can Help
Finding out a loved one has a life threatening disease or an illness likely to prove fatal is devastating. It may be the natural progression of a medical condition your family has been dealing with for months or even years, or the news may stem from an accidental injury or surprise results of diagnostic… Read More »
Talking to Your Loved Ones about Money
Discussions about money, financial assets, and future planning strategies can be tense, even among the closest family members. While the prevailing attitude may be that it is ‘none of my business’, the fact is that money matters among those closest to you can have a significant impact on you now and in the years… Read More »
Protect Your Assets During Tax Season
Now that a new year has begun, it is time to give some thought to the upcoming tax season. Regardless of the size of your income or estate, this can be a challenging time of year. Dealing with the IRS can be intimidating, whether you are an individual, a business owner, or a tax… Read More »
Protecting Your Assets Against Hackers
Security breaches and hacking, in which criminals gather sensitive personal information via your computer, rose to an alarming level during 2017. Between the Equifax breach, massive system shut downs, and accusations of Russian hackers in the 2016 election, these incidents are increasingly becoming part of our way of life. As more and more people… Read More »