Author Archives: tcaAdmin

Why Establishing a Trust is More Important Than You Think

When is the last time that you have given thought to what will happen to your assets when you pass away? For many, there is a sense of comfort by having a will in place that will distribute their wealth and belongings accordingly. With constantly changing tax regulations, stock market fluctuations and more, many people now prefer to put a legal trust in place. A trust is a legal entity under which one person, the “trustee,” holds legal title to property for the benefit of others (the beneficiaries). The trustee must follow the rules provided in the trust instrument.

The estate planning attorneys at the Law Offices of Todd Cushner & Associates possess an in-depth knowledge of the legal, and personal issues that often involve planning an estate and can work with you to decide the type of trust that will best suit your individual needs as well as your eventual benefactors.

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Commercial Litigation Can Solve More Than Just Financial Problems

When you own a business, your reputation is invaluable. As your company grows, so do the legal issues that you need to constantly be aware of, especially if you have employees. When you proactively address potential pitfalls with a commercial litigation attorney, you can have a plan in advance and react accordingly whether you eventually have a case that goes to trial or not.

The Law Offices of Todd Cushner & Associates have litigation attorneys who have aggressive advocacy and trial experience. The firm offers a full scope of general commercial services for a variety of businesses, including privately held corporations, partnerships and family businesses. Located in White Plains, NY, the firm supplies services to a host of clients throughout the New York area. They represent clients struggling with employee litigation matters, real estate, civil rights and breach of contract claims among other topics.

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Steps to Take Each Month to Remain Financially Sound

Each year, the Law Offices of Todd Cushner & Associates work round the clock with a variety of clients who have found themselves mired in crushing debt for a number of reasons. The firm’s bankruptcy lawyers can expertly handle all matters that can range from a simple Chapter 7 no-asset case, to an IRS or secured creditor asserting a lien over business assets in a Chapter 11 case to even the most complex litigation with the largest of banks and creditors in a Chapter 13 case. Regardless of all of this experience, the firm’s top priority is to provide clients with a sense of normalcy and the relief that comes with it when their finances are finally under control. What most clients don’t realize is that a proactive approach to managing their annual budget can go a long way in being fiscally sound well into the future, even if their circumstances may change.

They have found that even if you take the time to make one small change and address even one aspect of your finances each month, it can make the difference between being fiscally sound or ending up with out-of-control debt that can drastically affect your quality of life long term.

Below are some time tested tips that will help people of all ages:

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The Legal Process of Debt Restructuring

The debt restructuring process is one that is credited to sparing individuals, companies and even countries from defaulting on their current debts or having to file for bankruptcy. 

It can turn around one’s financial state dramatically and allow them the opportunity to make their debts more manageable. 

There are many crucial steps involved in the legal process of debt restructuring. Here is an overview of them.

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Educating Younger People About Credit Card Debt

Owning a credit card comes with a great deal of responsibility, and you should make yourself aware of all of the benefits — and drawbacks — of having one before applying. 

Teaching your children and other young people you know about what comes with owning a credit card as they grow old enough to have one is one of the greatest lessons you could give them. 

They will learn all about financial responsibility, making payments on time, maintaining a good credit score and perhaps most importantly, how they can avoid credit card debt. 

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The Importance of Early Intervention in Debt Restoring

Addressing debt issues promptly and efficiently is crucial to your financial wellness.

When you find yourself trouble with debts, early intervention is key to paving the way to financial stability. 

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The Long Term Benefits of Filing For Bankruptcy

While some people may believe that filing for bankruptcy is humiliating and shameful, it is actually the responsible thing to do in situations where you find yourself to be financially doomed. 

The process has significant long-term benefits that can save one’s financial and personal life. Despite its immediate challenges, here is why filing for bankruptcy may be good in the long run.

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What Happens to a Foreclosure After The Mortgage Holder’s Death?

After the death of a loved one, there are lots of tough decisions to be made, one of them being what will happen to their home. 

The answer is not always so simple, and there are legal and financial factors that must be taken into account to determine who gets their property and handles the mortgage. 

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How Can White Plains Residents Clear Their Debts?

Are you struggling with debt, but are unsure at what point you should seek professional help? It’s surely a touchy decision to make because when you are in that position, it’s a private matter and certainly an emotional time in your life.

When your debt becomes unmanageable, it’s best to contact a professional, which is what many people in the White Plains and surrounding areas have done. What they quickly learn is that the sooner they seek help, the better, in order to avoid financial devastation. The staff at the Law Offices of Todd Cushner and Associates are experts who know how to quickly help clients to diagnose the best plan to strategically find their way out of debt.

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Loan Modifications in New York State – What You Need to Know

When you realize that you are in debt, you may not know what next step to take. That’s where the experts at Todd Cushner & Associates come in. For some, a loan modification may be one of the fastest ways to reduce mounting fees and overall debt and they can work with you and your lender to take action.

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