The Boston area has old and beautiful architecture, with some homes dating back to the 1800s. While you may feel tempted to buy one of these properties, it is important to know that older homes always come with extra problems. Psychologically impacted properties The...
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Tips to protect your family from probate due to will contests
When you begin estate planning, you may not consider the risk of a family member contesting your will and sending your entire family through a lengthy and contentious probate process. It is important to recognize this possibility and understand the most common reasons...
What is a citation in New York probate?
A part of planning your estate is choosing a person, perhaps a family member, to be the executor of your estate following your death. Whoever will be your executor will receive an appointment from a New York court. However, your beneficiaries must have their say...
Choosing between buying and leasing commercial real estate
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...
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...
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,...
How can I avoid estate planning mistakes?
You probably already know how crucial an estate plan is for your assets and family. Develop a solid and legally binding plan is equally important, as this will prevent family members from contesting it. According to Kiplinger, certain estate planning mistakes are...
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 foreign real estate markets should I invest in?
You likely already know the U.S. real estate market experienced an unexpected boom in 2020. However, the housing shortage often makes it difficult for you to purchase investment properties at prices that lead to solid profit. Because of this, you might now want to...