Sperber & Stein, LLP

Sperber & Stein, LLP We are a boutique law firm with experience in matrimonial/family law matters, civil litigation, estate litigation, real estate litigation and appellate work.

Mishandled divorces can cause undue stress and financial turmoil. Even if you and your ex are on good terms, issues like...
11/04/2022

Mishandled divorces can cause undue stress and financial turmoil. Even if you and your ex are on good terms, issues like home ownership and custody arrangements can get complicated fast. Without a lawyer to guide you, you run the risk of losing your assets or uncertain childcare arrangements.

Here are some of the common (and costly) mistakes often made during the divorce process — and what might be better to do instead.

One party always pays federal income taxes on alimony payments. If you finalized your divorce before 2019, it is the per...
10/21/2022

One party always pays federal income taxes on alimony payments. If you finalized your divorce before 2019, it is the person who receives the money. If you finalized your divorce after 2019, it is the person who makes the payments.

Alimony has two important tax statuses. If you finalized your divorce before Jan. 1, 2019, the person who collects alimony pays taxes on this money. This means that the person who pays alimony can claim a full tax deduction for … Continue reading → The post Is Alimony Taxable? appeared first on ...

“Bundle of rights” is a term used to describe the various interests and rights that a real estate title holder has in re...
10/18/2022

“Bundle of rights” is a term used to describe the various interests and rights that a real estate title holder has in regard to their ownership of a property. The bundle typically includes the right of possession and several other associated rights. When real estate is sold, the bundle of rights to the property is usually transferred to the new owner at closing.

This legal term lays out the rights of property ownership and what you may, and may not, do with your property.

For older couples who decide to split up, divorce can look very different than it might have in their younger years. Wit...
10/10/2022

For older couples who decide to split up, divorce can look very different than it might have in their younger years. With gray divorce on the rise, both partners need to understand how to correctly split up retirement plans and other assets.

The closer you are to retirement, the more crucial it is to get it right.

There are a variety of factors that impact how long your divorce will take. State laws impose requirements that can impa...
10/07/2022

There are a variety of factors that impact how long your divorce will take. State laws impose requirements that can impact how long it takes to complete a divorce. And divorce may take longer if you have children, a lot of assets and debts or cannot easily reach agreements with your spouse.

Divorce is the second most stressful event a person can go through, according to the Life Change Index Scale. A recent legal study found that most divorces take about a year to complete, but your case may take more or less time, depending on your situation. Divorce can be complicated if you have

A divorce isn’t just an emotional challenge, it’s a logistical one, too. But while you’re sorting out who gets what, it’...
10/03/2022

A divorce isn’t just an emotional challenge, it’s a logistical one, too. But while you’re sorting out who gets what, it’s important to make sure that you’ll be able to land on your feet financially and won’t be saddled with your former spouse’s debt.

A divorce means splitting financial assets, but credit scores are not shared. Here's how to protect your good credit or build credit in your own name.

A real estate attorney makes sure the legal transfer of property goes off without a hitch. They can answer your legal qu...
09/29/2022

A real estate attorney makes sure the legal transfer of property goes off without a hitch. They can answer your legal questions, protect your rights during the transaction, draft documents and contracts, solve problems that could delay the sale, and oversee the closing process.

Depending on your situation, a real estate attorney may be a necessity, or just offer peace of mind.

There isn't always an easy solution to dividing your 401(k) assets in a divorce, but you can make the process a little l...
09/29/2022

There isn't always an easy solution to dividing your 401(k) assets in a divorce, but you can make the process a little less painful by understanding what your 401(k) plan allows and what your state requires.

Splitting from your spouse is complicated enough. Understand the implications of splitting a 401(k) in a divorce to protect your retirement savings.

Between state laws, beneficiaries, and dividing assets, disentangling your finances from your former spouse's can become...
08/26/2022

Between state laws, beneficiaries, and dividing assets, disentangling your finances from your former spouse's can become incredibly complicated. This is a crucial time to rely on professionals that help ensure you've checked every box, found every account, and have fully protected yourself from financial damage.

Divorces can be messy, but taking the right steps to divide your finances can help cover your bases and recover your assets.

If you make an offer on a home, a real estate contract details the terms and conditions of the sale. The consequences of...
08/24/2022

If you make an offer on a home, a real estate contract details the terms and conditions of the sale. The consequences of canceling a contract depend on whether or not there are contingencies in place.

A real estate contract outlines the terms and conditions of the sale. It's important to understand the consequences of canceling one.

A separation is when both spouses decide that they want to explore living apart from each other as they attempt a reconc...
08/18/2022

A separation is when both spouses decide that they want to explore living apart from each other as they attempt a reconciliation of problems or choose to officially divorce. While separated you remain legally married, and cannot remarry before getting divorced.

When you start experiencing problems in a marriage, you may want to leave your spouse. But should you file for a legal separation or a divorce? This is a tricky question, as both can dramatically affect your life. Here's everything you need to know about the differences between legal separation and

When you’ve got a house listed for sale, or you’re touring one, it’s vital that you understand what stays and what goes,...
08/10/2022

When you’ve got a house listed for sale, or you’re touring one, it’s vital that you understand what stays and what goes, without question. A lack of clarification on this subject can create not only disappointment, but legal problems that could complicate your transaction.

It's vital to understand what goes with real property and what doesn't, and that starts with a basic lesson in appurtenance.

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Garden City, NY
11530

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