What is a trust? When creating an Estate Plan, one should always consider whether or not a Trust is a useful way to help ensure that after your passing your assets are distributed in an efficient and cost-effective manner. Generally speaking, Trusts are used to hold...
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Benefits of a sound estate plan
On Behalf of Bashian P.C. | Jun 25, 2021 | Estate & Trust Planning
Putting together an effective Estate Plan requires some proactive effort, but the end result of thoughtful planning with an attorney will ensure that your Estate is distributed in the manner that you - and only you – want. The Primary Advantage of having a Will When...
Protecting your business in case of divorce
On Behalf of Bashian P.C. | Jun 1, 2021 | Divorce
Whether you are in the process of starting a business or already own one, thinking about how you will protect it in the event of a divorce is a critical - but often overlooked - component of any long-term business plan. To that end, there are a host of proactive steps...
Common estate planning mistakes to avoid
On Behalf of Bashian P.C. | Apr 19, 2021 | Estate & Trust Planning
If you try to create an Estate Plan without the help of a New York attorney, you might make mistakes that can render portions, or even your whole Will invalid. As with many things, it’s best to get professional help when creating your Estate plan - from start to...
The best time to create, or update, your Estate Plan
On Behalf of Bashian P.C. | Apr 6, 2021 | Estate & Trust Planning
If you die without a Will, Trust, or other valid Estate Planning documents in place, New York’s laws of Intestacy will likely determine what happens to your assets. Though sufficient in some circumstances, the laws of Intestacy fall short for many individuals as there...
Disinheriting a family member from your Estate Plan
On Behalf of Bashian P.C. | Feb 17, 2021 | Estate & Trust Planning
For any number of reasons, you may not want a family member to inherit anything from your Estate if you should pass on before them. Fortunately, in New York there are steps you can take to disinherit someone, even though family members are often the first in line to...
The many complications faced by affluent couples during divorce
On Behalf of Bashian P.C. | Jan 8, 2021 | Divorce
The experiences of affluent couples going through divorce are in many ways similar, yet in many ways unlike, those of a typical middle-class couple. As you can imagine, a greater the assets at stake, the greater the complications. After all, who gets what? Then the...
On what basis are child custody decisions made in New York?
On Behalf of Bashian P.C. | Nov 30, 2020 | Divorce
When parents in New York are going through a divorce, it can be an emotional time. It is important that they understand the types of custody in New York and the basis for custody decisions in New York, so they can better understand their rights and options. What is...
Determining child custody in New York
On Behalf of Bashian P.C. | Nov 23, 2020 | Matrimonial Law & Divorce Law
The divorce process can be a difficult time for both spouses, particularly when it comes time to decide what happens to the kids. In New York, courts will determine both legal and physical custody based on the best interests of the child. Legal custody v. physical...
An attorney can help finalize your New York real estate purchase
On Behalf of Bashian P.C. | Nov 16, 2020 | Real Estate Transactions & Land Use
Buying a house is an exciting experience, but it can be nerve-racking, particularly for first time buyers. While a real estate attorney is not legally required to purchase a home in New York, having an attorney assist you with the contracting and closing process is...