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September 2018 Archives

Business succession is a key part of the estate planning process

Many individuals draft wills once they accumulate assets or when they marry, get divorced or have kids. Others may simply have a power of attorney drawn up to allow someone else to make health care or financial decisions on their behalf. Few engage in business succession planning, though.

A juvenile criminal record can affect you as an adult

Children often do foolish things without thinking of the consequences of their actions. Little do they realize that if they commit a crime, regardless of their age, they're not apt to get a simple slap on their wrist. Instead, a judge may require them to pay a fine, complete community service, put them on probation or even lock them up. The offense and punishment don't drop off of their record when they become an adult either.

Your special needs child deserves a special needs trust

Estate planning, no one in New York or elsewhere really wants to do it but failing to do it can leave loved ones in a bad position after you die. If you have a special needs child, it is necessary to plan for how you are going to take care of them even after you are gone. If you do not go about it the right way, your child could lose his or her much-needed government benefits -- benefits he or she counts on, or will count on, to survive as an adult.

Passenger cars are often less safe than trucks in a crash

If you ask most drivers who is likelier to get killed in a crash between a passenger car and a truck, most would likely respond that the person operating the former would be less apt to survive. Would you know what to say when asked why this is the case though?

New York's drunk drivers may also face child endangerment charges

While driving drunk never makes sense, doing so with a child in the car is even worse. According to the nonprofit advocacy group Mothers Against Drunk Driving (MADD), all but three states have laws that allow prosecutors to upgrade intoxicated motorist charges if they're caught with a child in their car.

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