Firm News

On Behalf of Marcus, Gould & Sussman, LLP | Jun 26, 2020 | Firm News | 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 children fighting over your estate in court, which could cost them considerable time and expense. There are, however, a number of steps you might take to help prevent infighting among your beneficiaries and make managing your estate easier for everyone.

On Behalf of Marcus, Gould & Sussman, LLP | Jun 26, 2020 | Firm News | 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 they want to challenge an existing will. According to Findlaw, this is very difficult to do.

On Behalf of Marcus, Gould & Sussman, LLP | May 26, 2020 | Firm News | 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 the probate process. Not only is it important for executors of the estate to understand the probate process, but it is helpful to know how the process works if you are writing your will or are a beneficiary.

On Behalf of Marcus, Gould & Sussman, LLP | May 11, 2020 | Firm News | 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 fighting over your estate in court, which could cost them considerable time and expense. There are, however, a number of steps you might take to help prevent infighting among your beneficiaries and make managing your estate easier for everyone.

On Behalf of Marcus, Gould & Sussman, LLP | Apr 16, 2020 | Firm News | 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 the process of selling your home, you may have questions about exactly what information you have to disclose to a potential buyer.

On Behalf of Marcus, Gould & Sussman, LLP | Apr 13, 2020 | Firm News | 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 know how commercial is different. Largely, the major difference is the cost. According to bizbrain.org, since commercial deals are more likely to range in the millions of dollars, the process tends to be much more complex and legally rigid in nature.

On Behalf of Marcus, Gould & Sussman, LLP | Apr 13, 2020 | Firm News | 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 purchase agreement, if either back out or do not comply with any outlined portion of the deal, they “breach the contract.” How could a buyer or seller breach a real estate contract?

On Behalf of Marcus, Gould & Sussman, LLP | Apr 13, 2020 | Firm News | According to the New York City Bar, an easement is a legal property tool that allows an interested party to use another person’s property or land in a certain way without owning it. Typically, parties create easements through grants and via written agreements. However, an easement may develop out of operation of the law. The state of New York does not require parties to exchange money for the granting of an easement.

On Behalf of Marcus, Gould & Sussman, LLP | Apr 2, 2020 | Firm News | While you may think you are healthy and expect to have a long time remaining in the world, the fact of death remains a constant possibility. Drafting a last will and testament is an important way to look out for the future of your loved ones, especially as you near retirement age. If you pass away without a will, then the fate of your estate will be subject to the default laws of New York. As such, it behooves you to be prepared by having a well-written will. What follows are some tips for writing an effective will.

On Behalf of Marcus, Gould & Sussman, LLP | Apr 1, 2020 | Firm News | Selling your home can be exciting, but there are also aspects of anxiety and frustration involved. This may be especially true if your house sits on the market for some time. There are many factors that contribute to the amount of time it takes for your house to sell. Some of these factors are beyond your control. However, according to U.S.