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An essential part of New York’s probate administration process is the orderly process of distributing the assets of the deceased to their proper heirs and beneficiaries. In the spirit of the old adage “you can’t take it with you,” many people want to know what happens...
If are considering an estate plan, or have been advised that you should have one, understand that the basic purpose of an estate plan is to enable you to pass wealth and property to your heirs as you see fit. However, if your estate is currently fraught with debt,...
President Trump used his speech to a joint session of Congress to outline a number of his directives for the next year. While the speech was not officially a State of the Union address, he spoke on several topics that have garnered concern since he was elected in...
Much has been said about the executive orders President Trump has put into effect in his first full month in office. The controversy surrounding those orders affecting immigration has garnered a great deal of controversy. The reported pledge to crack down on...
There is growing trepidation in immigrant communities across the United States as President Trump appears to be making good on his campaign promises to crack down on undocumented immigrants. Stemming from one of Trump’s executive orders, nearly 700 people were...
As we have noted in prior posts, the commercial real estate market in New York City is poised to grow in 2017. Even with such optimism, it is critical for lenders to properly vet potential investments. Similarly, this growth is also attracting private money lenders....
With the optimism in New York City’s real estate market, it is no surprise that foreign real estate investment is expected to grow in 2017. After all, more commercial property is becoming available (and more valuable). This cycle continues to attract buyers coming...
The first weekend of President Trump’s administration was not without controversy. Indeed, Americans celebrated their democracy and the peaceful transition from Barack Obama to Donald Trump on Friday. Less than a day later, hundreds of thousands descended on...
The principal question as to whether an investor takes on a real estate project is whether the project makes financial sense. To do so, critical decisions must be made regarding the costs to renovate a property (or to build on an existing site) what type of revenue...
Starting a business in a foreign country can be a profitable venture for a variety of reasons, but it can also be a complicated process. One of the most important steps investors need to take is to decide what type of business structure they want to pursue. This can...