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Five Reasons to see an Estate Planning Attorney after your Divorce:  Completely Untie the Knot Five Reasons to see an Estate Planning Attorney after Your Divorce:  Completely Untie the Knot Now that your divorce is settled, it is important to think about estate planning for the benefit of your children or others closest to you….

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New York State Makes Maintenance Payments Non-Taxable The Tax Cuts and Jobs Act enacted at the end of 2017 included changes to the treatment of maintenance payments in a divorces with marital dissolution agreements that are entered into or modified after December 31, 2018. Under the “old” law, which is now repealed, the maintenance paying…

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New Tax Law Makes Maintenance Payments Non-Taxable The Tax Cuts and Jobs Act enacted at the end of 2017 included changes to the treatment of maintenance payments in a divorces with marital dissolution agreements that are entered into or modified after December 31, 2018. Under the “old” law, which is now repealed, the maintenance paying…

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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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Is It Necessary to Have a Court Decree Ordering Alimony To Take An Income Tax Deduction? I recently agreed to meet with a man who explained that the IRS was threatening to disallow his tax deduction taken for payments he had made to his wife pursuant to a home-made separation agreement. Taxpayer Charlie told me…

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Super Lawyers Recognizes Four Jacobowitz and Gubits Attorneys as 2016 Upstate New York Rising Stars The law firm of Jacobowitz and Gubits (J&G) is pleased to announce that Kelly A. Pressler, Jennifer Echevarria, Alanna Iacono, and Andrea Dumais have all been recognized by Super Lawyers as 2016 Upstate New York Rising Stars. Super Lawyers uses a…

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Divorce and Taxes At Jacobowitz & Gubits, LLP our matrimonial and our tax attorneys work together to discuss with you and resolve the dance between divorce law and tax law. This blog will waltz you through some of the most important issues typically relating to divorce and taxes. Filing Status. If you will soon be…

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ZOOM IS TOO FAST The glossy advertisements and promotion for using Legal Zoom evidence that going too fast isn’t the best choice. Going the cheapest is also dangerous. Establishing an entity for a new business is much more than filing forms. There are many important decisions that should be part of any business entity formation….

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On behalf of Jacobowitz and Gubits, LLP posted in Matrimonial Law. While many couples are focused on upcoming nuptials and the positives surrounding a wedding, it is also important to create a document that can serve as both organization and protection for your non-marital assets. A prenuptial agreement is a flexible document that can be…

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Thanks to the Internet and new technologies, society has greater access to information now than it did 20 to 30 years ago. Unfortunately though, it may be difficult for some people to tell the difference between legitimate information and perhaps something that may not be as factually sound. Take for example your personal knowledge of…

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Jacobowitz and Gubits Counselors at Law