Estate plans can cause a lot of grief for both expected and unexpected reasons. Sibling disputes that arise in response to them may fall into either category. But are these disputes preventable? If so, how can you help lower the chances of one happening? Rekindling of...
Month: July 2022
3 options for your home during divorce
Getting a divorce means dividing the assets that you and your spouse own. One of those assets may be the house that you bought together. If you’re parents, this family home is very important to both of you. But, if you’re both on the mortgage together, you both...
Choosing a long-term care facility for your elderly loved one
Discussing end-of-life care for a loved one is often difficult, especially when multiple family members insist on giving their input. However, if you have power of attorney for your loved one and carry the responsibility of making medical decisions on their behalf,...
Is it time for you to update your estate plan?
Creating an estate plan is not the end of the process. Maintenance of an estate plan actually takes much more time, considering you have to do this all the way up until your death. But how do you know when it is time to update your estate plan? Are there certain times...
Can you handle a transaction dispute outside of court?
Real estate transactions often involve large sums of money. In some cases, one party or another may feel that some wrong occurred somewhere along the line and this may eventually result in a dispute. Fortunately for everyone, disputes do not need to get solved in a...
Revisiting your estate plan amid divorce
When you and your New York husband or wife make the decision to part ways, your initial concerns might include figuring out child custody or spousal maintenance arrangements and how to divide your assets and debts. Yet, you would be remiss to not also consider your...
Conflict resolution strategies for shareholder disputes
Conflict resolution strategies for shareholder disputes Regardless of the size of the business, shareholder disputes can and do occur. When stakeholders disagree, it can potentially disrupt company operations. These conflicts might arise for several reasons, and since...
What are some rights of shareholders?
Allowing people to buy shares of your company can inject needed cash into your enterprise. Making your business available to shareholders, however, also requires honoring their rights. A failure to do so could invite litigation from one or more shareholders. The exact...
What estate items does a will not cover?
Having a will is a good foundation in your estate plan, but it cannot handle everything you may need. According to the American Bar Association, your will distributes your possessions and communicates your wishes. But there are a few things it cannot do. Transferring...
3 tips for negotiating your commercial lease renewal
When you have a commercial lease in New York or New Jersey and start nearing the end of its lease term, you have to consider whether it makes more sense for your business to renew the lease or search for a different commercial space elsewhere. You may also decide to...