Blog Posts in August, 2013

  • Beyond the emotional impact that divorce can have on couples of any age that decide to split, it can have a potentially devastating effect on the retirement plans of those who divorce later in life. Divorce after 50 usually results in a loss of income for both parties, which can mean working longer to fund a single retirement. A recent article at Forbes.com pointed out four common mistakes made by ...
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  • Fiduciary Responsibilities of Executors & Trustees

    || 27-Aug-2013

    In New York, the Surrogate's Court has been established in every county to hear cases involving the affairs of decedents and this includes: the probate of wills, the administration of estates, and trust proceedings. There are specific rules that must be followed by anyone who is appointed as a fiduciary to administer an estate. A fiduciary is someone who has been appointed as an executor, ...
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  • How to Reduce the Risk of Identity Theft When a Loved One Dies A new trend in identity theft - afterlife identity theft - is on the rise, with thieves scouring obituaries for personal information to steal the identities of those who have passed. When you lose a loved one, it is important to take quick action and notify a number of institutions and government agencies about the death to help ...
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