If you are a parent of a child with special needs in New York, you may worry about how they will live once you pass away. For many people in a similar position, setting up a special needs trust as part of the estate plan is the solution. At Marcus, Gould &...
Once you have a solid idea for a business in place, you need to decide what structure fits your goals for your company. Options include sole proprietorship, partnership, limited liability company or a C or S corporation. Each has its own benefits and drawbacks....
Ultimately, how you decide to distribute your wealth after your passing is up to you. However, this does not necessarily mean that the decisions you make are going to go over well with all of your loved ones. If you are not careful, you run the risk of having your...
One of the main reasons why people plan their estates thoroughly is to ensure that there is minimal conflict after they die over assets. Depending on family relationships, will conflicts can be very destructive. Many people want to know what their chances are if...
You may be filled with a myriad of emotions when a close friend or loved one passes away. In addition to handling feelings of loss, there are many factors to consider when settling the estate. In New York, and in many other states in the U.S., an estate may enter...
Ultimately, how you decide to distribute your wealth after your passing is up to you. However, this does not necessarily mean that the decisions you make are going to go over well with all of your loved ones. If you are not careful, you run the risk of your children...
As someone planning to place your home on the market, you may be taking steps to enhance its curb appeal. You may, too, be looking for ways you might be able to increase its value in an effort to make as much of a profit on your sale as possible. While you navigate...
While purchasing either a commercial or residential property will end up with you being a legal property owner, there are some important differences to know about the two processes. Particularly if you hold residential property but not commercial, it is important to...
When a buyer makes an offer on a property to a seller, the seller accepts the offer, and they negotiate any further considerations, they have all three components of a legally binding real estate contract. After buyers and sellers accept the written real estate...
According to the New York City Bar, an easement is a legal loophole that grants an interested party the right to use another person’s property or land in a certain way despite not having any ownership interest. Typically, parties create easements through grants and...
