Cohen & Lombardo, P.C.
Main Office | 343 Elmwood Avenue, Buffalo, NY 14222
Suburban Office | 4140 Sheridan Drive Amherst, NY 14221

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March 2019 Archives

Single adults in New York should have an estate plan in place

When a New York resident creates an estate plan, they may do so to ensure that their legal wishes are recorded in the event that they perish before their children are grown. A document like a will may provide guidance on who may take care of a person's kids if they become incapacitated or pass away. Trusts and other estate planning documents may be set up so that children are financially provided for even if their parents are not around to care for them.

What is a sole proprietorship under business law?

There are a number of different ways that New York residents can choose to structure their businesses and a variety of factors that should be considered to determine what structures are best for their use. If more than one person will be involved in the business, a partnership may be appropriate for its establishment. If only one person will start and operate an entity, then a sole proprietorship may work for them.

Spousal support in New York can be single or ongoing payments

The parties to a divorce must make several important decisions about how they  will separate their lives and manage their ongoing shared responsibilities. Often those responsibilities relate to the care and support of children, but in some New York divorces the parties must determine if spousal support should be awarded. Spousal support is the payment of money from one person to their ex after their marriage is over, and is often referred to as alimony in other states.

Are alternative forms of wills recognized in New York?

In order to execute a valid will in New York a person must meet certain signatory and witness requirements. These requirements are in place to ensure that the wishes and rights of the testator -- that is, the person creating the will -- are protected and that duress and fraud do not play a role in the creation of their testamentary documents. However, in some extreme circumstances individuals may not be able to put together technically valid wills before reaching the ends of their lives. They may be able to execute holographic or nuncupative wills that will be recognized as valid if certain circumstances exist.

Cohen & Lombardo, P.C.

4140 Sheridan Drive
Amherst, NY 14221

Phone: 716-262-8428
Fax: 716-881-2755

343 Elmwood Avenue
Buffalo, NY 14222

Phone: 716-262-8428
Fax: 716-881-2755
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