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September 2017 Archives

Things to consider before closing on your new home

Purchasing a home in New York is an exciting time, but there are certain things you would be wise to do to ensure that you do not find yourself facing negative surprises down the road. Buying a house is one of the most important and expensive purchases you will make during your lifetime, and avoiding issues can save you a significant amount of stress, time and money. 

Wills important not just for the wealthy

A common myth related to estate planning in New York and elsewhere is that it applies only to asset owners who are wealthy. However, the truth is that creating wills can be beneficial for asset owners of all levels of wealth. Unfortunately, the majority of Americans do not have wills.

Wills important for naming guardians for minors

Parents with young children in New York are often caught up in their day-to-day routines and thus fail to take time to engage in estate planning. However, without wills, they cannot guarantee that their wishes for their minor children will be upheld in the event that the parents end up dying unexpectedly. With an estate plan, a parent can easily appoint a guardian for the surviving children.

Residential real estate myths can be costly to believe

When wanting to sell a home in New York, homeowners naturally want to make a profit. However, what residential real estate owners expect or desire to happen may not always take place. A few pricing myths involving residential real estate transactions often prevent homeowners from selling their homes as quickly as they could.

Wills important for those of all income levels

Having an estate plan in place is critical for individuals of all levels of net worth in New York. After all, wills -- important components of many estate plans -- specify how various assets will be distributed when the testator passes away. Thus, anyone with assets -- whether large or small -- can benefit from have estate plans.