When a loved one passes away, it is up to those left behind to settle his or her estate. This can be quite a complex process, especially in situations in which a family member or other person believes he or she has grounds to contest the will. There are limits to who...
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Want to own real estate in New York City? Consider an LLC
Owning property here in New York City can provide you with a lucrative investment. With good properties at a premium here in the City, you will more than likely profit nicely from your purchase. However, with the potential profits come the potential losses. In order...
Estate planning mistakes can lead to estate litigation
Estate planning is an important step for New York readers, no matter a person's income level or the value of his or her estate. When a person does not have the basic elements of an estate plan in place, such as a will, it can lead to complications. However, with a...
What happens when you inherit property overseas?
Inheriting property in a foreign country may seem like a dream. You may imagine the real estate you now own can be a vacation home, a retirement destination or a second income. However, international inheritances can bring mind-boggling complications, the least of...
Communication can prevent conflict during probate
You may be like many who fear that your family will dissolve into bickering and perhaps even litigation over your estate when you pass away. Perhaps you know families where this has happened, and you vowed you would take whatever steps necessary to avoid disputes...
Would you buy a home without a walk-through?
For most people in New York, the process of purchasing a new home is personal and hands-on. It may involve scoping out properties online, comparing what is available with your wish list, and making multiple visits to the homes that are most appealing to you. Being...
Carefully examine your estate plan during divorce
Major life events, such as the passing of a loved one or the addition of a child to your family, often impact every area of your life. Not only does the dynamic of your family change, but the simplest things, such as morning routines and holiday traditions, may take...
Buying a home under the new tax reforms
Undoubtedly, you have considered the many advantages of owning your own home. Being out from under a landlord's regulations is an attractive motivation to hunt for real estate, and so is the chance to really show your style in furnishing and decorating your home. You...
