Creating your estate plan is just the first part of having a healthy and comprehensive end-of-life structure. Your life constantly changes. Thus, you want your estate plan to reflect this. This means reviewing your plan somewhat frequently. But just how often should...
PROVEN LEGAL COUNSEL
For Estate Planning, Estate Administration And Disputes
Year: 2021
What should you focus on first in an estate plan review?
Creating your estate plan often feels like an enormous task in and of itself. The idea of going back and combing through it every so often is likely not appealing to you in any way. Unfortunately, this is a necessity and for the benefit of your loved ones. But is...
3 things to know when investing in U.S. real estate
Many people from outside the United States find it worthwhile to invest in American real estate. This is due in part to the fact that American real estate is relatively stable and poised for continued economic growth. You do not have to hold a green card or U.S....
How can my company make the most money in real estate investing?
Real estate is a great way to make money. Even though the market has its ups and downs, it is still one thing that will always come back up and be profitable. Deciding to invest in real estate involves analyzing how you can make money from doing it. Obviously, the...
Following the rules when moving money into the United States
Getting large amounts of money into the United States is not always easy or cheap. However, it is often necessary to do so in order for foreign nationals to complete commercial real estate transactions. Anything even remotely unconventional could garner unwanted...
What is ancillary probate in New York?
If your family member lives out of state or in another country but owns real estate in New York, his or her estate may require ancillary probate. With this process, the distribution of real estate assets falls under the laws of the state of location rather than the...
What are the benefits of a living trust?
Whether you are just starting a family or you are planning retirement, it is critical to ensure your estate plan is current. There are many components to a comprehensive estate plan, including a last will and testament, power of attorney, guardianship designations,...
Property boundary lines and due diligence in New York City
Real estate buyers may overlook the importance of boundary lines during the due diligence process. Purchasing property in New York City without understanding its borders could result in a surprise after moving in. Sidewalk trees, for example, may belong to the...
Understanding your responsibilities as a New York executor
When someone makes you the executor over his or her estate, they are entrusting you with handling a variety of efforts that are all highly important. Because there is an investment of time when you take on the executor role, you may receive a fee in exchange for your...
3 signs of potential undue influence in your father’s will
If your father died with a will in place, he had done more estate planning than most. In fact, according to a recent study, roughly 66% of those over the age of 55 have not drafted even basic will. Reading through your dad's will, of course, probably tells you exactly...