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With tax season in full swing, it is not just tax payers who are concerned about filing taxes. The confusion over how to complete tax forms may not go away for executors tasked with administering an estate. Obscure and dense tax forms can be vexing; especially for...
The more things change, the more they stay the same. This popular adage accurately describes the commercial real estate market in Manhattan. Traditionally know as the commercial “high rent district” for decades, midtown saw a majority of the highest commercial real...
If there are two things that remain constant through generations, they are the certainties of debt and death. Everyone has debt at some point in their lives, and everyone has an end to their life. Those who are up in age may be concerned about the amount of debt they...
Cameras on smartphones arguably changed the world. As a new form of communication, we can send an infinite number of pictures to show what we mean beyond the spoken word. We can also take and send videos of fun, tragic and even intimate moments. We can also record...
While most probates pass without problems, you may have concerns that your estate may not be so fortunate. Perhaps your assets are complicated or your family situation is already contentious. Maybe some of the choices you have made in your estate plan are necessary...
It has been some time since we wrote a post on real estate in New York City. Just as the economy appears to be continuing on a upward trend, so has the real estate market in our region. In fact, residential home sales enjoyed a record year in 2017. According to a...
If you have learned that you have been named an executor to a loved one’s estate, congratulations. Being an executor means that the person who wrote their will saw you as someone who is responsible enough to wind up their affairs and distribute their property...
If a loved one’s will is poised to enter probate and you discover that a substantial amount of money has been left for the care of a family pet, it probably is not a misprint or a basis to challenge the will due to lack of capacity. Instead it is likely evidence of a...
If you are considering purchasing real estate in the United States, you may be surprised if you meet resistance. The recent flood of foreigners purchasing residential property in cities like New York has some observers complaining. Apparently, foreign investors have...
To bring a successful will contest, it is important to know the basic requirements for a will to pass probate in New York state. Essentially, a valid will must exhibit mental capacity by the testator (the person making the will), testamentary intent (exhibited by the...