Those who have finally created a will can breathe a sigh of relief. They have decided and codified how their assets will be distributed upon their death. Are all wills valid in New York? What might make one invalid? If you have questions or concerns about estate...
Whether you’re just starting your business or you’ve been running it for years, it’s important to understand your business formation. For many start-ups, this is a crucial and often overlooked step for making a strong business. Yet, even long-term businesses should...
You established your business some time ago, and it’s been relatively successful so far. You knew you had to be ruthless at times to get ahead, but you also played by the rules. A rival firm has become envious of your success, and unfortunately it seems like they no...
What’s in a name? Well, when you’re in business for yourself, just about everything. Your branding is hugely important to your business – and that starts with your company’s name. Changing your business name is automatically a big risk. You’re losing any positive...
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...