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,...
Year: 2022
Approaching your parents about their estate plan
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...
Stressed about an upcoming custody hearing in New York?
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...
Communicating with your ex during and after divorce in New York
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...
Here’s what happens at a real estate closing
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...
Insights to know before listing your home on the market
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...
The variety of commercial lease agreements in NY
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...
What is a quiet title action?
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...
How to talk about estate planning with your parents
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...
Three basic documents to consider in your estate planning journey
Individuals in all walks of life may think about estate planning on occasion, casually discuss it with family or friends, or see an advertisement on TV. But many people, sadly, don’t consider taking real action. Perhaps they simply believe they do not have the wealth...
