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...
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Year: 2017
Wills especially important for women
In general, men usually pass away sooner than women do. Since women live longer and might not have made as much money over the course of their lifetimes, they have unique needs when it comes to creating wills and other estate planning documents. A few tips may help...
What should you disclose when selling your house?
When involved in any type of residential real estate transaction, it is critical to know how to protect your rights and interests from start to finish. As the seller, there are ways that you can shield yourself from problems and avoid issues that could delay closing...
Big commercial real estate projects coming to New York City
Several real estate projects were recently proposed in New York, ranging from residential buildings to commercial retail spaces. One of the commercial real estate projects is a new Essex Crossing building to be built in Manhattan. Another planned project is an...
Wills, other documents important parts of estate plan
Upon hearing the term estate planning, many residents of New York may automatically think about putting together a will. However, wills generally do not have much to do with those creating them; they are really about planning for other people, such as fellow loved...
Creating wills especially important following divorce
Creating an estate plan is often low on the priority list for many today. However, creating wills and other estate planning documents is essential, especially for those who are divorced. A few tips may help with putting together effective comprehensive estate plans in...
Wills important for non-married couples, too
Many Americans, including those in New York, are deciding to cohabitate rather than getting married. Reasons for cohabitation include the need to share expenses or the lack of desire to get married -- or remarried. However, just as married couples benefit from putting...
What you need to know before signing a new construction contract
Buying a home or signing a contract for a new construction home is an exciting time for your New York family, but it is crucial to know how to protect your rights during this process. Forging ahead without knowing how to protect yourself is not prudent; therefore, you...
Commercial real estate potential appears strong in New York
Some commercial real estate experts recently expressed concern about the real estate market, specifically the leasing market in New York. They stated they were not feeling settled about the future absorption of space in Manhattan, for example, in spite of the...
Wills are important for everyone to have
For many asset owners in New York and elsewhere, estate planning seems to be something that only the wealthy need to complete. It is true that most individuals do not leave multi-million-dollar sums of money to their loved ones when they pass away. Still, creating...