Gifting interests in a closely held business can be an effective estate planning technique. It can save on estate taxes and reward family members for their hard work in running the family business, while transitioning ownership to the younger generation.
Where litigation requires multiple court dates and a formalized process to obtain a judge’s determination of disputes, alternative methods, such as mediation and arbitration, offer a more customized path to dissolving a marriage.
Unlike personal property, real property—such as real estate or automobiles—is titled to convey ownership. This title must transfer when the asset is sold and must be cleared—or free of liens or encumbrances—for transfer to take place.
You’ve spent your working life building up your retirement through a 401(k) and now that you are getting a divorce, you don’t know what is
Divorces are an incredibly difficult time for any family. Beyond the emotional aspect, there are legal issues that need to be addressed. The decisions that
Frankel, Rubin, Klein, Siegel, Payne & Pudlowski, P.C. is pleased to announce that Elaine Pudlowski has been included in the 2020 Edition of The Best Lawyers in America in Family Law.
The first thing to realize is that as soon as you marry, your spouse is granted certain inheritance rights under law. However, these rights of inheritance can be waived or modified by using an anti-nuptial agreement, or as its more commonly known, a pre-nuptial agreement.
Congratulations to Leonard J. Frankel who has been recognized as “Lawyer of the Year” in the 2020 edition of Best Lawyers! Lenny was chosen by
There are mechanisms that you can put in place through a trust to help your children become financially responsible with their inheritance.
One in five Americans has married at least twice. However, a sobering 60% of second marriages end in divorce, the Census Bureau found.
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