Estate planning is critical for all families, including single-parent families. Unfortunately, many of these families in New York and elsewhere fail to create wills or set up trusts. Here are some tips specifically for putting together trusts as part of the estate planning process.
According to new research, people who are interested in selling their homes across the United States, including in New York, have a tendency not to want to conduct relevant research first. Instead, they prefer to rush into the process of selling their residential real estate properties. Unfortunately, this can have unwanted consequences for homeowners.
If you own property in New York, you will want to do everything you can to protect your financial investment and property rights. It's important to know as much as possible about your property, and one way you can do this is by having a survey done. Even if you are not currently involved in a boundary dispute or want to build on your land, there are many benefits to taking this step.
Estate planning continues to be a greatly misunderstood process. Many individuals in New York and elsewhere decide to create financial plans but not estate plans for this very reason. Still, developing wills along with other estate planning documents is an important part of planning for the future, too. Here is a glimpse at some estate planning myths and why believing these myths is not a good idea.
Researchers recently reported that non-residential properties are worth 10 trillion dollars today. In other words, the commercial real estate market is booming, so now appears to be an excellent time for investors in New York to enter it. Because valuing properties accurately is an essential part of real estate investing, here is a look at a couple of approaches that investors can use to determine a property's value.
Some individuals in New York have decided to transition from renting houses to buying them this spring season. The residential real estate buying process, however, can quickly become overwhelming due to the many moving parts involved. Nonetheless, a couple of tips might help homebuyers to have positive purchasing experiences from the start.