As a homeowner’s association (HOA), one thing that you have to be cautious of is making any decisions that violate the Fair Housing Act. The Fair Housing Act directly prohibits discrimination by those who provide housing, such as homeowners’ insurance companies,...
Year: 2020
5 estate planning errors to avoid
Over the next 25 years, one of the largest wealth transfers in U.S. history is set to take place as nearly $68 trillion is forecast to be given to future generations. The enormity of this amount promises unique opportunities for beneficiaries, especially for estates...
Should you buy or start a business?
If you want to be a business owner, you have two basic options: Start your own company or buy one that already exists. What should you do? Advantages of buying an existing business The major advance of buying a company is that everything is already in place. You have...
Dealing with “that guy” in the neighborhood: Tips for HOAs
Homeowners associations exist for a reason. They are one of the primary ways that people can protect their lifestyles and the investments they have in their homes. however, not everybody loves them. Even though everybody who lives in the community agreed to the HOA'’s...
Establish these documents if you’re estate planning in your 40s
In your 40s, you may start to think about how you want to move forward in your life as well as how you want others to be able to carry on if you pass away. While you’re still young, now is a time when you may have the most to protect, like your spouse or partner,...
Do You Need A Lawyer For Buying Property?
Buying a home or other piece of property is one of the largest and most significant investments a person can make. Many people do not realize this and do not understand how the law is intertwined with these types of transactions. Legal issues are not uncommon during...
What happens if you don’t have a will in New York?
Many adults know that they need to write a will as part of their estate plan so they have a say in who gets which assets. Some people might not realize that without that estate plan in place, assets are handed down to beneficiaries in accordance with New York’s...
5 issues your partnership agreement can address
It’s important to have a partnership agreement when starting a new business, even if you and your business partner have known each other for a long time. Don’t just assume that your friendship will solve all of your disputes -- or keep them from happening in the first...
Tips to make your merger a success
Thousands of companies merge each year, yet many end up wishing they had not. While there can be many advantages to joining two companies, a lot can go wrong. These are some ways to increase the chance that your merger is a success: Be clear about why you are doing...
Tips for enforcing the rules of your HOA
Living in a homeowners' association provides several benefits to homeowners, including lawn care services and access to various amenities. In exchange for these perks, members are expected to comply with the rules of the HOA. Unfortunately, there are times when a...