For the past 32 years, the nation's capital has celebrated families who have made the choice to open their families to children in need. The most recent celebration of Adoption Day included two same-sex families who were formalizing adoptions of their own. Though many states still make it difficult for these families to welcome adopted children, New York has laws that work to protect these families.
Acting as the executor of an estate puts a great deal of responsibility on your shoulders. When your loved one asked you to take on this role, you may have accepted without thinking too much about the tasks you would need to handle. Now that the time has come to step into this role, you may wonder what is in store for you and the remaining estate.
Over the past few years, the unexpected deaths of several celebrities have been a lesson in the fragility of life. These deaths also work to illustrate why some of the more uncomfortable tasks in life -- such as estate planning -- need to be addressed sooner rather than later. New York residents may have several reasons they have postponed this task, but the peace of mind that comes with estate planning is worth the effort involved.
The 2015 U.S. Supreme Court decision that extended the right to marry to same-sex couples was intended to ensure that the same protections afforded to heterosexual couples also applies to gay and lesbian couples. Several years later, these rights are still under attack by certain segments of society, including some religious institutions. One New York bishop of a prominent religion stated that his parish would not allow same-sex marriages.
New York City and the surrounding boroughs have often benefited from investments through the EB-5 visa program. This particular visa allows for foreign nationals to invest a minimum amount in a qualified development project that provides a set number of employment opportunities for residents. In exchange, the investors receive the opportunity to apply for green cards for themselves and qualified immediate family members. Unfortunately this visa has been the subject of many civil lawsuits over allegations of EB-5 fraud.