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Dreaming of owning a piece of the American landscape? As a foreigner, you might wonder about your options for purchasing property in the United States. The good news is that many opportunities exist, but understanding the rules and regulations regarding the types of...
Estate administration involves managing and distributing a deceased person's assets according to their will or state laws if no will exists. At the center of this process is the executor, an individual appointed to ensure the proper settlement of the estate. Choosing...
An executor plays a crucial role in estate administration and manages and distributes a deceased person's assets according to their will. In New York, executors must navigate legal and financial responsibilities while honoring the decedent's wishes. Here are five...
Planning for the future might feel like something you can always put off, but when it comes to estate planning, delaying can lead to serious problems down the road. Whether it’s making decisions about passing on your assets or planning for healthcare, these choices...
As a trust beneficiary, you rely on your trustee to manage assets responsibly and in your best interest. However, sometimes, trustees may not fulfill their obligations. It is crucial to recognize potential signs of fiduciary duty breaches. Below are signs your trustee...
The probate process in New York ensures proper distribution of assets. However, it comes with substantial costs that can reduce the amounts your loved ones may receive. Fees for filing probate in New York The state considers assets valued under $50,000 small estates....
Hiring the right commercial real estate lawyer is crucial for the success of your property investments or business ventures. It’s not just about legal advice—it’s about making sure that your deal is structured correctly and your interests are fully protected. With so...
New rules might affect your plans if you are a foreign investor wanting to buy real estate in the U.S. On November 1, 2024, the U.S. Treasury Department expanded the Committee on Foreign Investment in the United States (CFIUS) oversight of real estate deals. This...
Choosing the right attorney for your business can feel like a big decision, especially when litigation is on the table. The stakes are high, and the last thing you want is to leave your case in inexperienced hands. Understanding what to look for in a business...
When someone passes away, their estate must go through a legal process called probate. The will appoints the executor and manages the probate process. Understanding the executor's timeline and responsibilities is crucial for a smooth administration. Responsibilities...