For some people, deciding what to do with the family vacation home is one of the most difficult decisions in their estate planning. Whether you have a place up in New England where you spend holiday vacations, a beach house in the Hamptons where you spend part of...
Congratulations if you already have an estate plan in place. Not enough people understand how such a plan protects their family and assets in life and death. If you have not created a plan or failed to review yours for a long while, now is your chance to make sure it...
New York is one of a number of states with an estate tax. That means if someone dies with enough assets located in the state, that estate is taxed by the state of New York in addition to the federal government. As of 2022, the federal exemption limit is $12.06...
Land use laws like zoning regulations help protect the public. The careful planning of local real estate development reduces the likelihood of individual property owners or entire communities suffering large financial losses due to changing characteristics in their...
People often join a homeowners’ association (HOA) because they want to enjoy the amenities that come along with living in that community. They may also enjoy the relatively uniform design of the community that makes things feel comfortable and inviting. In order to...
If you have created a will, congratulations, you are on your way to developing a solid estate plan. Your plan will be even better if you add other tools like trusts and powers of attorney for financial matters. You may not know this, but you can also address your...
Growing a business sometimes requires more than just seeking out more customers to increase revenue. It’s sometimes necessary to join two companies together. This is done through mergers and acquisitions. While some people use those terms interchangeably, they are...
As a business owner, the first thing that you need to understand about zoning is that every zoning ordinance represents a restriction on how you use your land. Sometimes, that’s to your benefit. Zoning ordinances define how the land can be used in a given space, and...
You run a successful company with the help of your staff and business partner. This formula has served you well over the years, but it seems like the professional relationship with your business partner has run its course. You know it’s time for them to move on, but...
There are many ways to buy and sell a home. Traditional home sales, however, can be complex and frustrating, so many people are jumping on the “iBuying” bandwagon. What exactly is iBuying? Should you be iBuying? Here’s what you should know: iBuying: A quick, new way...
