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If a loved one who lives in a foreign country dies, there can be a few hiccups that you may come across involving his or her estate. The main issue is that you are operating under the laws of that foreign country while also having to adhere to U.S. law. As you can...
If you own foreign assets, have family abroad, live outside the US or have any reason to believe that your estate will span national borders, planning your estate can be intimidating. Since most New Yorkers use a will as an estate planning tool, understanding how...
Both small businesses and large corporations are vital to a city’s economic growth and stability. So what happens when a change in the economy challenges those businesses and forces them to leave. Many businesses in New York and across the country are downgrading to...
Whether you are looking to invest in a New York City property or want to buy a home for personal use, if you are considering a condo purchase, creating a limited liability company may offer several important advantages. In addition to offering personal liability...
It is never easy to lose a close friend or loved one. While emotions may run high in these situations, there are still a number of estate matters that must be resolved. Whether the deceased left behind a last will and testament or left their property and assets in a...
The thought of contesting a will can be both overwhelming and exhausting. People in New York who understand how to approach this setback may not only optimize their effort but save resources along the way. Because there is more than one reason to contest a will,...
When people are new to the real estate market conditions in New York and the United States, deciphering the best markets could bring unique challenges. If not actively controlled, risks could compromise the success of an investment and result in costly losses. When...
There are several grounds upon which you may contest a will. Before you decide, you need to ensure that whatever grounds you choose matches up with your evidence. You must prove to the court that the circumstances you claim were present. If you choose to contest on...
If you have a disabled relative, you may choose to establish a special needs trust. This type of trust provides disbursements for the benefit of your loved one without harming his or her eligibility for needs-based government programs. When you form a special needs...
Since American commercial real estate has become one of the largest investment sectors in the United States, you as an investor from another country are probably looking at buying a piece of commercial property in New York. Investing in American real estate can be...
