People frequently consider estate planning to be a difficult or stressful process, which means that procrastination in re: planning is very common. Even when someone overcomes the inertia preventing them from putting together estate planning paperwork, they might then...
Business
Can you evict a tenant in New York?
Tenant eviction is one of the most sensitive matters for landlords. New York law gives tenants a lot of protection. As a landlord, you need to take care if you want to evict someone, otherwise, they may have grounds to take legal action against you. However, this does...
Important matters to consider for estate planning
An estate plan includes a will and other legal documents intended to protect your beneficiaries and property. There are important benefits to engaging in estate planning as soon as possible such as ensuring that beneficiaries have what they need and saving them the...
Can you sell a house while the estate is in probate?
Selling a house is often a stressful and complicated process, made more so when it comes to properties owned by estates in probate. During this period, the court oversees asset distribution, including real estate. Knowing what is involved in the probate process and...
Why a power of attorney isn’t restrictive
A power of attorney is an estate planning document that you can use to plan for the future. For instance, if you become incapacitated, someone needs to be able to make your financial decisions for you. They may also need to make your medical decisions, or at least...
Why are zoning regulations necessary?
Zoning plays a crucial role in shaping communities and has significant implications for both society as a whole and property buyers individually. Zoning laws can be a real issue for property owners and would-be property owners alike. Many don’t understand why it’s so...
Reviewing a contract can take time
Every party you work with, including shareholders, partners, employees and possibly clients, should sign an agreement. Contracts are crucial, and they can tell you are responsible. But how soon should you give a party a contract? Here is what you need to know about...
Must haves to include in your New York LLC operating agreement
When you are planning to open a limited liability company (LLC), creating an operating agreement is critical. In fact, it is often a legal requirement for LLCs in New York and many other states. With a well-drafted operating agreement, you can customize the terms of...
What business structure can benefit your new business?
One of the first things a new business owner has to decide is what type of business structure they need. There are several things that come into the picture when they’re doing this. Taking the time to choose the most appropriate structure can protect you and your new...
Disclosures in real estate transactions: What you need to know
Buying a property is a significant investment. Therefore, it can be frustrating and stressful to learn of a property’s defects that make it inhabitable or less desirable after making a purchase It is why there are laws that require sellers to disclose details about a...