For many families in Western New York, owning a vacation property and spending winters in a warmer climate is dream come true. Owning out-of-state real estate is a hallmark of success. However, from a legal perspective, owning property across state lines can create a...
Launching a new chapter after divorce or remarriage changes many parts of life. One area many people overlook is estate planning. The way your assets pass to family members can shift fast with new relationships. New York rules adjust many documents once a marriage...
Starting a business with a partner can feel like the beginning of something exciting; two or more minds coming together, pooling strengths, and chasing a vision. But even the strongest handshake or longest friendship can’t replace the clarity of a written agreement....
Launching a startup in New York comes with many decisions, one of the most important being: which legal entity should your business use? The choice you make affects taxes, liability, paperwork, and even how investors view your company. The right entity for you depends...
Money, property, and family relationships can become complicated after a loved one passes away. Even siblings with a strong bond may find themselves in conflict over inheritance. Disputes can arise due to misunderstandings, unclear wills, or long-standing family...
When a loved one passes away, managing their estate can feel overwhelming. If there isn’t a living trust in place, the estate usually goes through probate. In New York, probate is a legal process that makes sure a will is valid and the person’s wishes are followed. If...
New Yorkers looking to simplify the transfer of their real estate to loved ones after their passing often turn to trusts to avoid the complexities and potential costs of probate. The Transfer on Death (TOD) deed is a new legal option that provides a simpler way to...
Making a will is one of the most important steps in estate planning. It guarantees your assets go to the right people and that your wishes are honored. Many people, however, make mistakes that can cause problems for their loved ones. Let’s look at the biggest mistakes...
Planning for the future often involves deciding how to pass down property without complications. A Transfer on Death (TOD) deed offers a straightforward way to achieve that goal, allowing homeowners to name a beneficiary who will inherit the property upon their...
Medicaid planning is a proactive strategy that helps individuals and families prepare for the high costs of long-term care. With healthcare expenses steadily rising, understanding how it can assist in covering these costs is a valuable step toward financial stability...
