In our last post, we highlighted how retailers are trying to find additional ways to reach consumers given the proliferation of online shopping sites. Indeed, traditional brick and mortar retailers must adjust in a new marketplace, which means that developers and real estate owners must adjust accordingly. One way that they have met this demand is by giving consumers more than one reason to visit malls and shopping centers.
The commercial real estate industry is indeed in a precarious position. The rise of online shopping has essentially stunted growth in this industry, especially with retail outlets. But with every industry disruption, there may be new opportunities for growth.
For many in New York, the purpose of making an estate plan is to avoid conflict or confusion after their death. With a will or trust in place, they assume their assets will be divided according to their wishes. However, understanding the common reasons why families resort to probate litigation may help one avoid those pitfalls that create chaos out of the best laid plans.