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New York has one of the most active commercial real estate markets in the world. There are few big businesses that would not like to get a foothold in the Empire State. As one of America’s most populous states and home to fashion, food and financial companies, it is a...
New York residents who own property in another country need to have whatever estate documents are necessary to make sure their property or assets are distributed to the proper heirs. This may include drafting a will not just for the United States, but for whatever...
Despite the advisability, most adults in New York do not have a will or any other estate plan in place. If you are one of them, you may believe that you do not need one because your children will automatically inherit from you upon your death even if you die...
Estate planning can be a complicated process for high-asset couples, especially when one of the spouses is not a U.S. citizen. One primary concern is that noncitizen spouses may not be able to receive marital assets tax-free, whether as a gift or as an heir to an...
If you wish to challenge the validity of someone’s New York will, you need to have legally sustainable grounds to do so. Simply disagreeing with the decedent’s distribution of his or her assets is not sufficient. FindLaw explains that to successfully challenge a...
If you are an heir of someone’s New York estate, the estate administrator (the executor of the decedent’s will) is a fiduciary who must manage the estate in your best interests. The same holds true of the trustee of someone’s New York trust of which you are a...
You can carefully put together a very precise and well-thought out estate plan, but what happens with after your death is something completely out of your control. No matter how hard you try to control things within the laws of New York, your family can also put a...
The United States offers immigration programs for investors purchasing commercial real estate or starting businesses here. Foreign nationals can seek a green card for permanent residency under specific circumstances. Before investing in a U.S. business, it's a good...
From disagreements to estrangements, this world has no shortage of relationship problems. These issues can escalate in tense or emotional situations like the impending or sudden death of a family member. If you’ve experienced a fracture in your family and find...
Dealing with an estate after a loved one has died is often complex and takes some time, but things are made even more difficult if the estate contains foreign assets. New York probate courts can handle some of your needs when it comes to foreign assets but not all of...