Buying a home isn’t as simple as seeing one you want and paying for it. Instead, the process involves various steps, such as securing a mortgage, making an offer and waiting for the seller to accept the offer. For most people, their real estate agent will help them as...
When landlords rent out properties in New York, they may encounter various challenges. For example, leases are an issue involving many nuances. Unfortunately, many landlords make mistakes that can lead to legal issues or financial losses. 1. Inadequate lease clauses...
When was the last time you made changes to your estate plan? If you have only ever made your estate plan and never updated it, then it may be due time for your estate plan to be changed. Estate planning is a lifelong process, it can help benefit you and the people...
As the cost of healthcare continues to rise, some state Medicaid offices are taking measures to recoup expenses, including targeting the assets of deceased individuals. One asset the agency sometimes takes such actions against is the family home. There are ways to...
If you are like most people, you have more than a few digital assets – even if you don’t realize it. For example, your Facebook account, cryptocurrency wallet and online casino account are all digital assets. While you may not have considered these as “assets” in the...
No one likes to think about worst-case scenarios, but preparing for the unexpected is important. Advance directives provide a plan for unforeseen medical circumstances when you are unable to advocate for yourself. Even when you are under 30 and in great shape,...
A revocable trust, often known as a living trust, is a legal document created by individuals to hold and manage their assets during their lifetime and/or after death. This type of can be altered or revoked by the grantor at any point during their lifetime as long as...
If you’re preparing to put your estate plan in place, you’ll need to account for all of your assets – even those you may not have touched for years. Consider safe deposit boxes, for example. You may have a safe deposit box with jewelry or other valuables, including...
The initial steps of a real estate transaction help pave the way for a property seller to approve your offer and set you on the road to your new home or commercial property. Obtaining mortgage preapproval could make or break your efforts to buy a piece of real estate....
End-of-life planning can be very complicated, and the conversations you need to have with your family can be hard to start – but those conversations are an essential part of aging. By talking about (your) death and what you envision as your ideal before, during and...