If you realize that your real estate agent is in breach of contract, you need to know what you can do. Real estate agents may breach the contract in several different ways. Securing a low price for your home According to Homelight.com, realtors may be in breach of...
Quality Legal Representation, Experience And Responsiveness
White Plains, New York Legal Blog
Guide to downsizing from a family home to a condo
There are many reasons why people downsize from a family home to a condominium. Sometimes the house is too big after the children have moved out. Maybe the owners can no longer afford the home. Upkeep and maintenance can become an unmanageable chore, especially if the...
Considerations when buying a co-op unit
When you buy a unit in a housing cooperative, you purchase stock in a corporation that owns the building. You must have approval from the board of directors to do so. While you get a mortgage to buy the unit, you also pay a fee for building upkeep and other associated...
Limiting your estate tax liability
A recent post on this blog detailed the benefit that gifting can provide to your estate plans. Yet at face value, that might seem counterintuitive; would parsing out gifts not deplete the amount that you have to pass on to your heirs? Many come to us here at Marcus,...
Is your loved one under undue influence?
New York has laws governing estate plans in a careful and precise way. An estate plan should allow your loved ones the ability to make their last wishes and desires known. In most cases, this is the purpose it fulfills. But there are some cases in which your loved one...
Are you paying too much for title insurance?
You understand the need for title insurance to ensure that no liens, encumbrances or mistakes create issues with the title to the commercial real estate you want to purchase. However, R Street notes that it is common for residential and commercial real estate buyers...
How can gifting benefit you and your family?
Throughout the year and particularly at the end of the year, many wealthy households choose to write checks for friends and family members. Often, these gifts may be around $15,000 dollars per person. Gifting can be a crucial tool in estate planning, and it is easily...
Powers of attorney provide comfort in a family crisis
No one knows when incapacity may strike. You could suffer a stroke or sustain a serious injury in a vehicle crash. Who will step in to manage your affairs? If you have powers of attorney for healthcare and finances, your trusted appointees will provide capable...
Residency and estate tax returns
Whether your loved one recently passed away and you are unsure of how to approach tax matters or you are worried about the tax consequences of your own estate plan, you should have a clear understanding of relevant tax matters. From time requirements to tax rates,...
What should you do if a tenant refuses to pay rent?
You hoped for favorable outcomes when you became a landlord in New York, but a recent issue forced you to question your decision. You have a tenant going through a rough financial patch, leaving the person unable to pay rent. What should you do? Learn how to navigate...