Recent Blog Posts
Do I Need a Pour-Over Will If I Have a New York Living Trust?
A revocable living trust allows you to transfer assets to family members and other beneficiaries outside of the normal New York probate process. This is because assets placed in trust during your lifetime are not considered part of your probate estate, i.e., the property that passes under your will. That said, even if you… Read More »
Making Your Intentions Clear in a New York Will
Creating a last will and testament is not difficult. But it does require attention to detail. For example, if you decide to leave a specific item of property, particularly real estate, to a beneficiary, it is critical to precisely describe that property so as to leave no doubt as to your meaning. Many times… Read More »
Why Updating Your Estate Plan After Divorce is So Important
Divorce often brings major life changes, and many people understandably focus on immediate issues like finances, living arrangements, and custody. However, one important task that is often overlooked is updating your estate plan. After a divorce, your existing documents may no longer reflect your wishes or your current circumstances. At Yeung & Associates, PLLC,… Read More »
New York Living Will or Health Care Proxy: Do You Need Both?
There are many situations where you can find yourself unable to communicate your wishes regarding critical health care decisions. Through advance estate planning, however, you can make sure that your wishes are known to your health care providers and family members. You can also ensure that someone you trust is able to communicate with… Read More »
What Is a Title Search–and Why Do I Need One Before Buying Property in NYC?
A key step before closing on the purchase of any New York real estate is conducting a title search. If you are purchasing a home using a mortgage, your lender typically requires and orders a title search. Even if you purchase a home with your own funds, however, your real estate agent or real… Read More »
From Contract to Closing: How New York Real Estate Attorneys Play a Role in Purchasing Property
Buying or selling property in New York City is an exciting milestone, but it can also be complex and legally detailed. Unlike many other states, New York requires attorneys to play an active role in real estate transactions. From reviewing contracts to guiding clients through closing day, legal representation helps ensure that everything moves… Read More »
Top Legal Mistakes First-Time Homebuyers Make in NYC
Buying your first home in New York City is an exciting milestone, but it can also be overwhelming. The process involves significant financial commitments, detailed contracts, and strict legal requirements that many first-time buyers are unfamiliar with. Without the right guidance, it is easy to make mistakes that can delay the purchase or create… Read More »
Digital Assets and Estate Planning: What New Yorkers Need to Know
Estate planning often focuses on traditional assets such as real estate, bank accounts, and investments. However, many people today also own a wide range of digital assets that should be included in a comprehensive estate plan. These assets may hold financial value, sentimental value, or both. Without clear instructions in an estate plan, loved… Read More »
A Step by Step Guide to Transferring Your Brooklyn Property Through a Trust
For many homeowners in New York, real estate is one of their most valuable assets. Planning how that property will be managed and eventually transferred to loved ones is an important part of estate planning. One option that many property owners consider is placing their property into a trust. At Yeung & Associates, PLLC,… Read More »
What to Know About Zoning Laws Before Renovating Your Property
Renovating a property can be an exciting step for homeowners and property investors. Whether you are planning to add more living space, convert a building for a new use, or update an older structure, it is important to understand the local rules that may affect your plans. In New York City, zoning laws play… Read More »