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When forming a business in New York, owners have several options. Each structure type offers pros and cons. Therefore, business owners should choose an organization form they feel best suits their short-term and long-term needs and goals. To help determine if...
Part of going into business includes choosing a structure type for your company. Among other choices, many choose to form limited liability companies. LLCs combine the benefits of a sole proprietorship with those of corporations. Before you head down the path of...
What do you do when a loved one who lives in another state dies but owned a home or tangible personal property in New York State? How do you settle the estate, especially if there is no will? Once an initial probate filing is made in the state where they live, you...
Looking ahead to life after your death does not spark excitement in many. However, failing to do so may have serious consequences for the people you love most. Even if you do not want to hash out a complex estate plan, doing something is better than letting a...
When a loved one passes away, you hope that the person named as executor in the will is trustworthy and honest. But what can you do if they are not? If you suspect that the executor of your loved one's will is acting dishonestly, there are actions you can take. What...
Loneliness and isolation are exceedingly common in older Americans. In fact, according to the Centers for Disease Control and Prevention, as many as 25% of those over the age of 65 are chronically lonely. Loneliness can be extremely dangerous, of course, as it often...
If you feel that you need to tap into a larger pool of workers to fill vacancies at your company, you may want to consider hiring immigrants. To do this, you must follow all applicable laws and complete all required steps. Hiring an immigrant without complying with...
If you worry about the well-being and future of a family member struggling with a disability, it is essential to understand how setting up a trust could help them. For example, you could look at supplemental needs trusts and some of the perks that can come with this...
If your close family member lives in another country, you may become that person's legal beneficiary under foreign law. Understanding your rights and legal obligations when you inherit foreign real estate can eliminate costly liabilities. Transfer Requirements Most...
If you are looking at buying a piece of commercial real estate in New York City, you are probably thinking of more than the selling price of the property. You may have a great interest in how much the property is worth. While the value of a property helps inform its...