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June 2019 Archives

Do-it-yourself development of wills can be risky

People in New York may be tempted to try to handle estate planning on their own. This includes creating wills and other estate planning documents without legal assistance. However, engaging in do-it-yourself estate planning by simply downloading and printing out legal forms online carries many risks.

Creating wills a wise move for all adults

Many people in New York put estate planning on the back burner, as they do not view it as an immediate need. However, putting off the creation of wills and trusts is not a wise idea, as death can strike at any time. Here is a look at what estate planning involves and why it is so critical to complete.

What recent legislation could mean for New York tenants

If you rent property in New York, you understand how difficult it is to find an apartment or place to live that is in your budget and meets the needs of your family. Real estate in the city is pricey, and for years, landlords have had the ability to increase rent at rates that many tenants cannot afford. However, recent legislation could change that. 

Commercial real estate investors tapping into crowdfunding

The sector of non-residential properties remains among the most lucrative and largest asset classes in the United States. In fact, the market for commercial real estate in New York and elsewhere is valued at around $6 trillion. However, just a small group of people were able to access these properties in the past. Nowadays, more people can take advantage of them thanks to crowdfunding.

Alternative lending may help commercial real estate investors

Some banking institutions in New York are not quick to lend money to investors, as they lack confidence in the economy. Alternative lenders are therefore rising up to offer capital to investors who are interested in buying commercial real estate. Up to now, record quantities of capital have been raised for this purpose.