There are many legal aspects associated with closing an estate. Many New York residents likely know that probate is the process that finalizes a deceased person's affairs, but a number of individuals also think the process is one that should be avoided at all costs....
PROVEN LEGAL COUNSEL
For Estate Planning, Estate Administration And Disputes
Year: 2018
A foreign investor may benefit from property manager, attorney
Many people find it lucrative to invest in commercial real estate. Even individuals from outside the United States often have an interest in investing in property inside the country, including in New York. Of course, a foreign investor faces challenges that differ...
Communication can prevent conflict during probate
You may be like many who fear that your family will dissolve into bickering and perhaps even litigation over your estate when you pass away. Perhaps you know families where this has happened, and you vowed you would take whatever steps necessary to avoid disputes...
Undue influence may give way to will contests in New York
After the passing of a family member, it is common for tensions to run high. Surviving loved ones are often in emotional states, and a simple issue could easily turn into a significant one. In particular, New York families may face difficulties if will contests come...
Preparing to purchase commercial property
Making any type of step in real estate can be intimidating. When individuals need to purchase commercial property, they face a major undertaking. Fortunately, New York residents looking to make such a move do not have to enter into the process feeling lost. First,...
Probate litigation may stem from family conflicts
Many people expect or even rely on an inheritance from a deceased loved one. Some may have these expectations for sentimental reasons or because they are facing financial struggles and are glad that a loved one can help from beyond the grave. However, probate...
When estate planning, consider the various helping roles
When getting final affairs in order, New York residents will need to appoint various people to different roles. Whether these individuals will carry out duties before a person's death or after, it is important that parties considering their appointments understand the...
Would you buy a home without a walk-through?
For most people in New York, the process of purchasing a new home is personal and hands-on. It may involve scoping out properties online, comparing what is available with your wish list, and making multiple visits to the homes that are most appealing to you. Being...
Not all assets go through the probate process
After a loved one's death, it is common for surviving family to have concerns over what will happen to the decedent's assets. Hopefully, the person will have created an estate plan that gives at least some guidance on property distribution and other important...
Estate planning can go beyond addressing assets
When undertaking any type of endeavor, it is important to have the right information. This factor is especially important for New York residents looking to get their end-of-life affairs in order. A lack of proper knowledge when it comes to estate planning could leave...