By Brian Figeroux, Esq. Trusts have long been regarded as essential tools for wealth management and protection. In New York State (NYS), where state laws impose high tax rates and extensive estate and inheritance planning requirements, trusts offer unique opportunities to safeguard assets, minimize taxes, and ensure financial security. This article explores how trusts work, […]
Editorial credit: Zamrznuti tonovi / shutterstock.com The decision to file for divorce is never easy, and the timing can be especially challenging when the holidays are approaching. Whether you’re considering filing before or after the festive season, understanding the legal, emotional, and financial implications can help you make an informed decision. In this article, we’ll […]
By Brian Figeroux, Esq. | Editorial Credit: Southworks/shutterstock.com Key Points of this Analysis Succession Planning: Users emphasize the importance of having a clear succession plan to ensure the business continues smoothly after the owner’s death. Valuation and Division: Estate planning professionals discuss methods for valuing and dividing business interests, particularly when some heirs are involved […]