The firm handled the recent acquisition by Lee & Low Books of New York of the assets of El Paso, Texas-based Cinco Puntos Press, Inc. The acquisition brings together two notable independent publishers and enhances the New York-based publisher’s inventory of...
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...
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...
Moving into a new house can be exciting. But if owners find substantial damages after the closing, it can turn the age-old American dream into a nightmare. That’s especially true if the seller doesn’t disclose any critical information during the purchasing process. If...
There are many times in life when you may need to be making changes to your estate planning documents. Expanding families, marriage, divorces, starting new businesses and moving to new states are just a few. An important opportunity for updating your estate plan...
The ultimate goal of your estate planning efforts may be to preserve as much of your assets as possible by limiting your liabilities. Ensuring the settlement of your debts and planning ahead for distribution that qualifies for available credits against taxes help...
The first part of a solid estate plan is a will. This document spells out your wishes and explains what you want to happen with your assets when you die. It provides a legal basis for the distribution of your assets during the probate process. If you die without a...
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...
