According to a New York Family Lawyer, President Obama signed an estate tax overhaul last December. This new law will allow certain upper class couples, who are on their first marriage, to leave their possessions in such a way that will greatly reduce or eliminate taxes. Under the new law,…
New York Family Law Blog
Seeking advice from family planning lawyers is essential in understanding where you stand in your state’s federal estate tax laws
Many people tend to overlook the likelihood of being hit with certain taxes because they aren’t considered “rich.” But according to a New York Family Lawyer, many upper middle-class families could be hit with an unplanned tax rate as high as 35%. Currently the law provides an exemption for estate…
Estate Planning Issues
The estate tax question that loomed in previous years was finally settled at the very end of the year by Congress. The estate tax, gift tax, and generation-skipping tax (GST) were all given top rates of 35 percent with a $5 million lifetime individual exemption. These exemptions for estate and…
President Obama calls the Defense of Marriage Act unconstitutional
President Obama recently proclaimed the 1996 Defense of Marriage Act, which basically prohibits the recognition of same sex marriages, unconstitutional, and ordered the Justice Department to discontinue any defense of the act, explained a New York Family Lawyer Supporters of same sex marriages were elated by this decision, but republicans…
Court Rules on Child Visitation
It is very common for parties who are fighting over the custody of their children to have visitation agreements that state the exact time and place of exchange of custody from one parent to another, if and when the primary custodial role is awarded to one of the parents. As…
ICE Arrests Family for Providing Fake Marriages for Visas
Immigration and Customs Enforcement (ICE) agents arrested a man, his wife, and their daughter, under suspicion of visa fraud, sources have confirmed to a New York Family Lawyer. ICE officials suspect the Yorba Linda, CA, family of arranging fraudulent marriages, filing fraudulent marriage petitions, and filing fraudulent work visa petitions.…
Court Rules on Visitation Case
Parents who separate must continue financially supporting their children even after their marriages have already been dissolved. However, according to our New York Family Lawyer, it is natural for parties under cases like these to be full of bitterness and resentment directed towards each of the parties. Usually, a custodial…
Missouri high court sides with immigrant, discusses New York Family Lawyer
The Missouri Supreme Court granted a Guatemalan immigrant a retrial in a lower court over a child custody case. They ruled that the state did not follow law when she was caught in an immigration sweep, according to a New York Family Lawyer. The court stated that the state terminated…
Seeking a family lawyer’s advice is essential in understanding where you stand in your state’s federal estate tax laws
Many people tend to overlook the likelihood of being hit with a large estate tax because they aren’t considered “wealthy.” But according to a New York Family Lawyer, many upper middle-class citizens could be hit with a tax rate as high as 35%. Under the current law, there is an…
Divorce Settlement During Madoff Scheme Might Be Reevaluated
A divorce settlement that was hammered out previous to Bernie Madoff getting arrested and convicted might get a man some money back, says a New York Family Lawyer. The couple had several million dollars in an account – or so they thought – with Bernie Madoff’s investment firm. The account…