Monthly Archives: March 2025
Power of Attorney and Your Estate Plan
Your will is not the only estate planning document you need; in fact, it is the one that you can most easily do without. If someone dies without a will, the court will still distribute the decedent’s property to his or her closest surviving family members according to New York’s laws of intestate succession. … Read More »
The Medical Care Aspects of Your Estate Plan
Estate planning is not just about money. With you, your property is only stuff. Yes, it would be stressful for your family if you never indicated your wishes about who would inherit which assets from you, and your surviving relatives had to guess, and sometimes argue, about what you would have wanted or who… Read More »
What Are Appraisal Management Companies, and Are They Friend or Foe?
Compared to the anticipation that precedes them, real estate closings are anticlimactic affairs. In the most upscale parts of the Five Boroughs, the law office conference rooms where the closings take place are lovely to behold, but if you can afford to buy a real estate property that would entail such an opulent setting… Read More »
Should You Invest in REITs Instead of Buying a Real Estate Property as an Investment?
Of all the lies and false hope associated with the pursuit of passive income and the quest to be your own boss, one of the most insidious and persistent rumors is that owning real estate properties as an investment is easy money. Anyone who has ever rented out a real estate property to tenants… Read More »