You’ve looked over the options and have made your choice: You’re ready to purchase that cozy condo or that attractive New York brownstone. Whenever you buy residential New York real estate, you aren’t merely paying the asking price. Rather, there are many other fees associated with it including a host of various closing costs. As […]
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Top 3 Concerns for First Time New York Home Buyers
You’re excited because you’re about to become a homeowner for the very first time. This can also come with a lot of stress, in addition to excitement and anticipation since you’re new to the home buying process. However, don’t let your enthusiasm make you overlook key issues. Here are top concerns to watch out for […]
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What You Need to Know about Pretrial Settlements
A pretrial settlement is when the parties in a lawsuit meet before trial to figure out payment for losses and injuries. Instead of going through the entire trial process, the parties try to negotiate and resolve payment issues, rather than depending on the judge to determine the damages award. Keep reading for more information about […]
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What You Need to Know about NY’s Power of Attorney Law
No amount of New York estate planning is complete without protecting yourself while you’re still alive. This is why a power of attorney is important. It’s recommended (in conjunction with a health care proxy) for anyone 18 and above. Here’s what you need to know about New York’s recently changed power of attorney (POA). What […]
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What You Should Know about Bankruptcy and Child Support
Whenever someone files for bankruptcy, it can be a way for them to wipe the slate clean and start a new without worrying about the bills and debts that they have racked up. However, if you have to pay child support, filing for bankruptcy won’t eliminate what you owe, and it won’t alter what you […]
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What are Estate Planning Steps to Take After a Parent’s Death?
Whenever someone dies, it’s never easy. It’s especially difficult when your parent dies. Not only do you have to deal with the emotional fallout that stems from losing your oved one, but your parent leaves behind a life that needs to be closed out. As their child, much of this will be your responsibility. Here […]
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Top 3 Disputes that Occur When Buying or Selling a Home
Whenever you form a business connection with someone, you want the relationship to be as harmonious as possible. This is especially true in the buyer/seller relationship that accompanies the purchase of a home. Whether you’re the buyer or the seller, the relationship requires a certain degree of trust, communication, and honesty. Even with the best […]
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Understanding New York Chapter 13 Repayment Plans
If you’re thinking about what to do about your mounting debt, you might consider filing for bankruptcy. Specifically, you might contemplate filing for a New York Chapter 13 bankruptcy because it allows you to retain your property and still make payments on any loans or other debt that you’ve incurred. It also gives you an […]
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Forming an LLC in New York
As you prepare to start a new business, you will be inundated with many things to consider and many decisions to be made. One of the most basic, but significant choices that you have to make is what type of business structure is best for your New York business. A popular choice for many is […]
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Living Trusts vs. Wills—Which Should You Choose?
The pandemic has a lot of people thinking about their estate planning. One of the issues that you may consider in this planning is whether you want to create a living trust in addition to a will or instead of a will. The decision is a very personal one and will depend on your specific […]
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