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Debt and Divorce Debt and divorce often go hand in hand. It can often be more complicated dividing up debts that have been incurred during the marriage than separating assets. More importantly, relying on your soon-to-be-ex to pay debts that appear on your credit report can have long-term, negative ramifications if things turn nasty, as…

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There are many factors to contemplate when considering a divorce. Our divorce tips will help you be aware of the impact a divorce will have on you, your children, finances, taxes, insurance and property. Here are some key factors to consider before filing for divorce: Divorce Tips, #1: Consider your Options There are many ways to approach a…

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Guide  To  Getting  Out  – Divorce  Tips Click here to download Guide to Getting Out pdf booklet The hardest part of getting a divorce can be that first step into the unknown. Here are some pointers so you can decide if it is time to speak with an attorney. Three signs that it is time…

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Raise the Age Offenses of Minors Now Effective  Parents in the Hudson Valley need to know about an important change to the way New York’s criminal justice system treats young people charged with a crime.  Last year, New York enacted what is commonly known as the “Raise the Age Law.”  It went into effect on…

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What to Expect When Expecting a Divorce Face it, divorce is more common today than it has ever been. Yet, fear of the unknown will often cause people in unhappy marriages to stay in unhappy marriages. As a divorce attorney, clients have come to my office at many stages of the divorce process – either…

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Tax Implications of a Divorce As a Hudson Valley divorce attorney, there are certain matters I am always asked about when consulting with potential new clients. These are the “obvious” questions such as how will my child’s residence be determined? How will divorce affect my relationship with and ability to see him? How much will…

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Can You Cancel the New York Durable Power of Attorney? A durable power of attorney is a document by which you give to another person (your “agent”) the authority to take legal and financial actions for you, on your behalf. Powers of attorney are commonly used in elder law and estate planning to enable children…

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How Second Marriages Can Affect Your Estate Planning As a long time estate planning and elder law attorney, my clients have gone from mostly married couples at the beginning of my practice to a varied array of combinations of people who wish to provide for each other and their families. Often, I now see couples…

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Trump Tax Proposals The following is an overview of President-Elect Trump’s (“Trump”) tax plan based upon the tax proposals put forth during his candidacy. Congress must approve the trump tax proposals before they become law and, thus, the final outcome of these proposals are quite likely to be different then the original plan suggested by…

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Tax saving tips: As a Partner here at Jacobowitz and Gubits in New York and also a CPA, I work with individuals, business owners, corporations, municipalities and not-for-profits who all need to stay on top of the latest changes and proposals in tax law. Here are some tax saving tips for business owners that reflect the latest tax…

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Jacobowitz and Gubits Counselors at Law