Ultimately, an estate plan ensures your wealth and assets transfer to your beneficiaries according to your wishes without any interference or delays. However, even if you have all of your end-of-life plans in order, the best-laid plans can go awry if a relative...
PROVEN LEGAL COUNSEL
For Estate Planning, Estate Administration And Disputes
Year: 2020
What is undue influence?
Undue influence happens when Person A is able to persuade or coerce Person B to make or change their last will and testament so that it benefits Person A. Typically Person A has control or power over the person who is making or changing their will (called the...
Five common reasons for estate litigation
The loss of a loved one affects the entire family, sometimes leaving them adrift. Not only do they mourn the loss of a parent, spouse or sibling, but it can also lead to heightened emotions that impact interactions with surviving family members. Ideally, this is an...
Top options for buy and flip in 2020
It is a common investment strategy in the U.S. market to buy a property with the intent of quickly reselling it at a higher price. The so-called “buy-and-flip” approach can be profitable here in the U.S., but it is often less so when looking at property in other...
It may be a bad idea to divide up a family business equally
There was once a tradition where the oldest son inherited the farm, holdings or business. That kind of thinking has gone by the wayside for the most part, which means that parents typically divide things equally among their children when they draft a will or create a...
Pandemic effects international real estate market
There is much written recently about those living in New York City fleeing to the suburbs as they ride out the pandemic. It will also likely be the case with other urban markets worldwide, leading to a buyers’ market in cities when things truly open back up. Those not...
What to do if you and your siblings jointly inherit a property
Perhaps, as a child, you always spent time at a family-owned cabin in the Catskills during the summer, or in retirement, your parents bought a condo in Florida. Now that your parents have passed away, they left their vacation home for you and your siblings to share...
Real estate ownership in Mexico
The Mexican government has many similarities to that of United States, specifically when it comes to property ownership. Individuals can and do own private property in Mexico. However, as in many of these types of situations, the similarities are mostly on the...
Administering a foreign will in New York
New York attracts property owners from around the globe. Whether the property includes real estate, art or other assets, if you are the executor of an estate held by a foreign national residing in the United States, the estate must pass through probate. We ensure our...
Foreigners are buying up real estate in NYC
People all across the world dream of waking up in New York City. For some people, a vacation or business trip might suffice. For more than 8 million others, New York City is home. The longer people live in New York City, however, the more they come to realize that...