A homeowners’ association (HOA) is responsible for maintaining the integrity and harmony of residential communities. The association fulfills this responsibility by setting rules and regulations that every homeowner in the community should abide by. Aside from setting...
Estate planning is crucial, as it allows one to protect their assets and state their wishes upon incapacitation or death. So, why do some people avoid drafting an estate plan? Here are three reasons: "Estate planning jinxes one's life" Superstitions are not uncommon...
Starting and running a business is a multi-step process that can be both exhilarating and daunting. Whether you’re venturing into entrepreneurship alone or with a business partner, you can expect to run into legal challenges every now and then. Therefore, working with...
As a business owner, your company will be among the things you consider when drafting an estate plan. Business succession can be a delicate subject. And one of the issues that complicate it is whether to leave the business to children or sell it. Here are some factors...
The lives of most American adults are increasingly intertwined with digital technology. As a result, the concept of a digital estate plan has become consequential in ways that few could predict even a few decades ago. A digital estate plan can help to ensure that...
Homeowners Associations (HOAs) play a crucial role in maintaining community standards and property values. One often overlooked but critical aspect of effective HOA management is a reserve study. While New York property owners’ associations don’t require a reserve...
When your parents pass away, they name you as the estate executor. This gives you certain obligations, like making an inventory of any assets that they own, informing heirs and beneficiaries of what they should receive, providing copies of the will and much more. What...
Buying or selling a home in New York is a serious undertaking. When it comes to the nitty-gritty of closing a real estate deal, there should be a non-negotiable participant at the table: an attorney. It’s not just about having a savvy negotiator by your side or...
Choosing the proper business structure is a critical decision for an entrepreneur or business owner. It is more than just filling out the paperwork or ticking a box. The structure you settle on will have far-reaching implications for your business, legally,...
New York, unlike many states, has an estate tax. That means people with multimillion-dollar estates often need to take steps to help ensure that the assets they leave to their loved ones and others aren’t needlessly devalued by taxes – both federal and state. The 2023...