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Your Lawyer For Life
Your Lawyer For Life
When you start a business in New York, one of your first big choices is how to structure it. The most common options are sole proprietorships, partnerships, limited liability companies (LLCs) and corporations. Each type affects how you pay taxes, how much paperwork...
Families are often brought together in moments of joy, but the loss of a loved one can sometimes bring out tensions that were never visible before. The absence of clear direction can leave room for confusion, resentment and even lifelong rifts. On the other hand, when...
If you are starting up a business, you might be unsure about when -- or if -- you need to use contracts. You might even deal with others who insist you do not need to waste time drawing up one up, especially since you're still a small operation. Some people may even...
If you have a minor child, you need to choose a guardian for them when estate planning. This is the individual who will take care of your child if you are unable to, due to incapacitation or death. It’s important to pick someone who will raise your child like you...
Talking with an older loved one about nursing home care can undeniably be a difficult undertaking. Many older adults may resist the idea out of fear of losing control over their lives or because of negative perceptions of nursing homes. As such, this kind of...
One of the things that a business owner has to decide is what type of business structure they use. Some new entrepreneurs opt to use the sole proprietorship model. However, that might not be the best option. In many cases, a limited liability company is a better...
When doing estate planning, a trust is a useful vehicle to place assets like real estate. Inter vivos trusts are funded during the life of the trust grantor and allow them some flexibility and control over their assets. Read more below to see whether placing property...
Business partners have to trust one another and work cooperatively to run a business together. Frequently, they outline their expectations for one another and the company in a written agreement. They may also communicate with one another about upcoming transactions...
When someone purchases a piece of real estate, one of the last steps in the process is going to be closing. At closing, they’ll have to sign numerous documents, facilitating the change in ownership. This is when the transaction is being finalized, the title is...
Estate planning options run the gamut from simple wills to complex dynastic trusts. In other words, there are choices for everyone — which can be overwhelming to many. One option you might want to consider is a Totten trust. Unsure what that entails? Read on to learn...
