Renting a commercial space is essential to starting a business, especially if your operations involve receiving clients for your products or services. As a business owner, examining the commercial lease thoroughly to understand the rent costs is vital. Your agreement...
White Plains, New York Legal Blog
Overcoming family dynamics when creating an estate plan
Disagreements and conflicts between family members aren't uncommon. However, it can make it harder to decide who should get your New York home or who should serve as the executor of your estate. It may be possible to navigate family dynamics as they relate to your...
When should I update my estate plans?
When was the last time you looked at your estate plans? It’s likely been some time. Estate planning is a lifelong process, so there are times when you really do need to revisit your estate plans and make some changes. One of the most common reasons people update their...
Should you modify your will using a codicil?
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...
How can a real estate lawyer help with due diligence?
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...
Does your startup need an estate plan?
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...
Estate planning for high-worth individuals
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...
13 red flags to look out for before signing a lease
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...
Must-have traits for your attorney-in-fact
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...
Advantages and disadvantages of buying a home with a subject-to loan
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...