After you write your will, there may come a time when you might change your mind about some of its provisions and instructions. Instead of scrapping your will and writing a new one from scratch to make few minor changes, using a codicil to a will might be more...
Commercial real estate transactions tend to be risky and often involve large amounts of money. But by conducting due diligence, buyers might be able to manage the risks better and make educated decisions regarding the transaction. One of the ways for buyers to conduct...
In New York, launching a startup can provide endless possibilities for an entrepreneur, but it comes with the risk of potentially unforeseen setbacks and complications. Planning for all possible contingencies may feel pessimistic; however, it lays a secure foundation...
The estate planning process for individuals in New York with a significant net worth can be challenging. Several elements need to be considered, including tax liabilities and matters that impact the family. Setting priorities Setting priorities is a crucial aspect of...
Finding the perfect apartment could be arduous. The process could be lengthy and complicated based on what you believe is an ideal space. You could be considering a range of factors, including the apartment’s proximity and amenities. However, these are not the only...
In New York, choosing an attorney-in-fact (now referred to as an "agent" under New York law) is an important decision because your agent acts on your behalf when it comes to your personal finances and legal matters if something happens to you or if you authorize the...
If you are looking for a unique way to buy your dream home in New York, finding one where you can purchase it using subject-to loans may be the perfect solution. There are several advantages and disadvantages to purchasing a home using this strategy. How do subject-to...
Commercial real estate leases differ significantly from residential leases on several points. Before signing one for your New York business, familiarize yourself with the following items. Lease term Commercial real estate includes retail stores, warehouses,...
During the probate process in a New York courtroom, the judge will have to approve the executor who serves as the personal representative of the estate. Typically, the testator names an executor in their will. The executor must carry out several tasks on behalf of the...
New York residents in search of a new home may believe that termites are one of the few things that they do not need to worry about, but they should. Termites cause billions of dollars of property damage each year in America, and the burrowing pests can be found in...
