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Including a power of attorney or medical agent in your estate plan may make it easier to manage your affairs and make healthcare decisions as you wish if you become incapacitated. Choosing an agent Anyone who is a legal adult and of sound mind can serve as your agent....
Managing an estate in New York is not an easy job. The person you'll appoint will have to initiate the probate process, notify your creditors, beneficiaries and other interested parties of your unfortunate passing, pay your debts and taxes and distribute your assets,...
Talking to your parents about money or their mortality may make you feel uncomfortable. However, it's important that you have some idea of what they would want in the event of a medical emergency or after they pass away. For instance, your parents may want to stay in...
No one ever plans to go through a custody battle, but sometimes it is necessary. If you are going to court to work out issues involving custody of your kids, it is important to be as prepared. Familiarize yourself with the better-parent standard This is the legal...
Usually, when couples go through a divorce, communication becomes an issue. Many find that they are not able to communicate effectively with each other, which can lead to further problems down the road. However, there are some things couples can do in order to improve...
When you are buying or selling a residential home in New York, closing is the final step in the process. This is when the property changes hands and the money is exchanged. However, prior to closing, several steps are completed, such as the following: Deposit in...
At some point, the time may come to sell your home. That could be the right step for people whose New York properties have exceptional market value. However, obtaining the preferred price for a home may involve taking several steps to get it ready. Potential sellers...
A commercial lease agreement is a contract between a renter and the owner of a commercial property. In New York, every commercial lease contract varies and will include different terms, though state and local law can dictate whether the terms are enforceable. It's...
Buying or selling a real estate property in New York comes with a lot of paperwork. In some instances, the transition is smooth and the sale concludes with minimum hurdles. The parties may experience disputes in other situations. One involves what's known as a quiet...
Many individuals with older parents likely know they need to have a conversation about estate planning. Older parents often have valuable assets they have built up over the years like a house, cars, investment properties, brokerage or retirement accounts. But...
