Are you interested in buying a foreclosed property? Not only should you enlist the help of a real estate agent who has a background in buying and selling these types of properties, but you should also plan to consult with a real estate attorney who understands foreclosure laws and regulations—they are tricky and vary from state to state.
You need to purchase optional SUM insurance on your auto liability policy to protect you from drivers who do not carry enough insurance. New York law requires that you have auto liability insurance coverage. The minimum amount of liability coverage is:
- $10,000 for property damage for a single accident
- $25,000 for bodily injury and $50,000 for death for a person involved in an accident
- $50,000 for bodily injury and $100,000 for death for two or more people in an accident
In New York, the biological father of child born out of wedlock has the right to be notified of an adoption. However, only under certain circumstances will his consent to said adoption be required. Generally, a biological father’s consent must be obtained if the following circumstances hold true:
There are several financial moves that investors should be making in the years before they leave work that might result in an easier time preserving savings, reducing tax bills, and overall being providers for loved ones and heirs. Financial advisers reporting for The Wall Street Journal have proposed that investors nearing retirement should consider the following four tips:
Although the end of any relationship is very emotional, if you follow these five steps, you can significantly cut down on cost, wasted time and some of the agony typically associated with the divorce process.
Prenuptial Agreements or "prenups" still have a stigma despite the potential of being very helpful to couples planning a marriage. No one gets married with the intention of getting divorced, but some people assume that if their future spouse brings up the topic, they have no intention of staying married. Believe it or not, a prenup can actually help a marriage. As part of wedding planning, couples should consider the following, which may be addressed in a prenup:
Scammers thrive on fear. Why? Fear creates confusion which results in hasty decisions that can prove disastrous. Unfortunately, senior citizens are often the most targeted victims of scams. Merciless scammers capitalize on instilling fear in their victims by warning of threat of financial or legal ruin—and they may offer quick fixes if you ‘simply send them money or personal information.’ Familiarize yourself with the following phrases commonly used by scammers: