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It is highly likely that you will be at least somewhat familiar with the purpose of a last will and testament, even if you do not yet have one in place. Living trusts, however, are lesser-known, but they can also play a crucial role in an estate plan. Living trusts...
Westchester County is unique in that it contains 16 towns and 23 villages that are in control of their own zoning and planning ordinances. Since each area has its own zoning requirements, regional planning is complex. There are many different zoning districts...
Emotions may run high when your will is being read out among your beneficiaries, as some may feel shortchanged. This can lead to a will contest that may drag on for a while and delay its execution. Given that a will reflects your last wishes, you want to avoid a...
Let’s say that your business has invested a lot of money into the services provided by another company. You have signed a contract outlining the expectations between your two companies. After you have made payments to the company according to your end of the contract,...
Do you want to have a say on what will happen to your estate when you pass on? Do you want to prevent the government from determining the fate of your assets? If your answer to these questions is yes, then you need to have an estate plan. An estate plan is a document...
Did you know that estate plans, and the legal documents included in them, could help you protect your assets from bankruptcy during your lifetime? If you ever end up thinking about bankruptcy, you may note that there is a potential to have to liquidate your assets or...
It isn’t at all uncommon for someone to name one or more of their beneficiaries as the executor or co-executors of their estate. This is particularly true when parents name an adult child as both their heir and the executor of their will. There are pros and cons to...
Homeowner’s associations have many benefits that make their communities better. Building a homeowner’s association can help everyone in the community get involved in keeping the area clean and attractive. It can also spread out the costs associated with certain...
Merging with another company can bring significant advantages to both parties. Yet, it could also ruin two successful companies. Think about what you enjoy in business and why you started the company. Think about why your employees joined your company instead of a...
If you have worked hard all your life, you may have acquired significant assets and properties you intend to leave to your heirs. But you are unsure if these heirs are well-equipped to be a good steward of all you worked so hard to obtain. Many otherwise upstanding...
