Business owners searching for commercial real estate space in New York City have options to choose from. Before signing an agreement, some due diligence could help decide whether to buy or lease a property. As noted by Millionacres.com, commercial property...
PROVEN LEGAL COUNSEL
For Estate Planning, Estate Administration And Disputes
Year: 2021
How can you avoid common estate planning mistakes?
Regardless of your age or financial status, you must have a solid, legally binding estate plan in place. According to Kiplinger, it is equally important to avoid certain estate planning mistakes when making decisions. Keep in mind, your estate plan not only protects...
Can you avoid ancillary probate?
If a person who dies owns property in a state other than the state that person lived in, the estate may need to go through an additional probate proceeding known as ancillary probate. Because the probate process can not finish until all ancillary proceedings finish,...
Choosing a health care proxy
As part of their estate plans, many people choose to also prepare for incapacitating illness or injury. To this end, they sometimes appoint health care proxies. A chosen personal representative, a health care proxy makes medical decisions on behalf of a grantor when...
What do you know about your options for business insurance?
You want to start a small business in New York, but you want to protect your investment of time and energy. How does commercial insurance help you meet that goal? Forbes breaks down different business insurance policies. Learn how to give yourself peace of mind about...
What if I am party to the will of someone outside of New York?
As you are keenly aware, there is no more worldly location nor important hub of travel and commerce than the State of New York. Not everyone who conducts significant business or forms lasting relationships in the Empire State remains here. By definition, New York is a...
Property owners may file lawsuits over construction defects
New York property owners have six years from a building's substantial completion date to file a construction defect lawsuit. As noted by ConstructionDive.com, developers owe a duty of care to follow the requirements of local building codes. Building contracts often...
Will you owe estate taxes?
The potential of having to pay estate taxes may hang over your estate plans in New York. Yet should they? While most assume that everyone must pay estate taxes, that is not the case. Both the state of New York and the federal government offer opportunities to limit...
What are your commercial leasing options?
Residential and commercial real estate leasing options often differ in numerous notable ways. For example, in most residential leases, tenants pay fixed rates to a landlord and handle utilities on their own, separately. Commercial leases have more options, however,...
Can you contest a living will?
Planning for end-of-life care and emergency medical procedures can be difficult. After all, when a person is healthy, serious illnesses and injuries can seem like abstract concepts. Still, creating a living will is one of the more effective ways to maintain control...