When it comes to estate planning, people in New York and elsewhere are oftentimes willing to place it on the back burner. However, creating wills is critical for protecting assets long term. Of course, wills are not the only documents that are important to create and include as parts of estate plans.
Recent research revealed that the property industry has been flourishing in recent years in New York and other parts of the United States. In a sense, it is reflecting the condition of the current economy as a whole. Based on this, now may be a wise time for people to consider investing in commercial real estate if they have not done so already.
As a New York property owner, you understand how important it is to be intentional about protecting your property rights. One of the initial steps in this process is to be certain about where your property ends and your neighbor's property begins. Certainty about boundary lines is just one of the many ways you can avoid unnecessary disputes and potential legal issues.
Estate planning is critical at all stages of an adult's life. However, it is especially critical for people who are going through divorce. Unfortunately, the stress of the divorce process can easily cause them to neglect essential estate planning steps involving wills and trusts. Here are a few tips for making sure that one's assets are protected following a divorce proceeding in New York.
New York investors with experience in the residential property industry might want to quickly make the switch to the nonresidential side of the industry. The reason for this is that buying commercial real estate offers several advantages over purchasing residential properties. Here is a look at how commercial real estate differs from residential real estate and the unique perks that come with it.
Individuals in New York oftentimes understand how important it is to plan ahead financially for a rainy day. However, what happens if they were to pass away suddenly? Many people have no idea how to answer this question, as they have not engaged in estate planning. Here is a look at why creating wills and trusts, for example, is so important and how to prevent family discord through a well-thought-out estate plan.