The purchase of a home hardly spells a casual endeavor, does it? That property-linked reality is underscored by an authoritative New York City metro and New Jersey legal source on real estate matters. It duly notes that buying a home is for most people “one of the...
Month: February 2020
Continuing look at trusts: Might a tailored trust make sense for you?
Divorce in New York or elsewhere often throws up multiple and complex questions for impending exes engaged in the dissolution process. Here’s one that was posed in a recent Bonfiglio & Asterita blog post. We highlighted this query in our long-established family...
Yet another example of trusts’ broad utility and flexibility
Today’s blog post leads off with a rendering of one individual’s multi-divorce history. Its nutshell presentation (taken loosely from a recent Kiplinger article) is fictional, but some readers can likely relate from a real-world perspective. The scenario can be...
Elder law: a key component in the estate planning universe
It is certainly true that the estate planning realm is a bit formidable for many individuals and families across the New York metro and elsewhere nationally. Legions of would-be planners often comment that they don’t quite know how or where to start with the process....
Business principals need to tread carefully with commercial leases
Here’s a point worth noting for any New York City metro business principal or would-be startup entrepreneur who is looking to execute a commercial lease without having any prior experience doing so. Please take due note of this: Even if you have inked residential...
Is a prenuptial agreement something you should consider?
Indeed, it can be one of “the most sensitive issues.” We prominently note that sensitivity relevant to prenuptial agreements on our website at the long-established New York City metro law firm of Bonfiglio & Asterita. Informed family law advocacy and diligent...
Estate planning trusts: flexible and with broad-based utility
When is the right time for an individual or couple in New York to begin thinking seriously about crafting a soundly tailored and forward-looking estate plan? Planning professionals and industry commentators underscore what they view as a clear and definitive answer to...
Loan modification: a viable tool for some challenged homeowners
It’s no surprise: Individuals and families across the New York City metro, New Jersey and all other parts of the country harbor a deep personal connection to their homes. Family residences spell far more than mere walls and a ceiling to their inhabitants. A home...
Questions to answer as you prepare to close on your home
You’ve found the perfect home, your offer was accepted and you’re inching toward closing day. As excited as you may be, it’s hard to shake the feeling in the back of your mind that something could still go wrong. There are a variety of questions to answer as you...
Why do people fail to pay for services?
You run a company that provides a service, such as a contracting company that builds residential homes or a remodeling company that improves existing homes. Every now and then, someone fails to pay. This can be very detrimental to your financial future, and it can...