bigstock Power Of Attorney A Documen

A power of attorney is a legal document that gives the person who you select the authority to act on your behalf. The person who is selected becomes the agent, and the person on whose behalf they are acting is called the principal. A person should have a power of attorney because it allows the…

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When you get married, it legally changes your financial situation. Now everything you earn or acquire becomes marital property, unless a third party gifted or bequeathed something exclusively to you. When you intermingle your finances after marriage, how does it affect your debt liability? If your spouse has student loans, credit card debt, and other…

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When you’re married, you share everything in your lives, even assets that you inherited. Perhaps your parents left you a beautiful vacation home, or you have a rare coin collection from your grandfather. If the marriage ends in divorce, you naturally want to keep that property, especially if it has strong sentimental and financial value.…

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Avoiding the complexities of marriage and a potential divorce might sound good if you choose to live together instead, but you should know the downsides of pursuing this route, too. Couples living together in New York do not have the protection of a common law marriage to provide rights related to medical decisions, survivor benefits,…

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bigstock Last Will And Testament

Losing one’s spouse comes with additional financial woes on top of the emotional. According to a New York Times article published September 3, 2011, the recently widowed may be more prone to falling into financial pitfalls. The death of a spouse can leave many financial issues left unattended, and women often take on these concerns.…

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bigstock Divorce Concept

Divorce is a life altering event that affects a number of different aspects of a person’s life, and some of these aspects are often overlooked. Once a divorce is finalized it is important to review all of the details of your current status to make sure that you did not forget something. One of the…

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