A will in New York State

My colleagues are all correct. If you wanted to do more research, here is the link to the specific NY law: N.Y. EPT. LAW § 5-1.1-A : NY Code -...

What happen to the assets in a S-Corporation, when the only shareholders dies?

No.....the S-corporation shares of stock is the asset that gets reported on Form 706 equal to the fair market value of the company at time of death.

Corporation kit and books were misplaced. How may I get a duplicate filing certificate?

See attached link to NY Secretary of State which contains the process to get copies of what you seek. http://www.dos.ny.gov/corps/faq_copies.page.asp

tax sale = local municipality has a lien because real estate taxes not paid so municipality sells it to be able to get what is owed. short sale...

Can I change the executor of my will just by attaching an addendum sheet to my will, signing and dating it?

From CT Statutes -- codicil (an amendment) requires same formalities as signing the will, i.e., two witnesses (notary is not required but...

My mortgage company took out my home owners insurance. My tax's and insurance come out of my escrow . Who would the insurance p

What does the policy say as to the named insured? Most likely you are named as the insured so you will get any policy benefits. The mortgage...

I'm the owner of a recently incorporated C-Company in Delaware, why should I hire an attorney?

To name but a few: 1. Bylaws 2. Initial shareholder meeting and minutes 3. Getting tax EIN from IRS and deciding if you want to make an...

My mother owes thousands of dollars in income tax. Do I have to pay it off when she dies?

You are not responsible for your mother's debts now or when she dies. However, upon her death, whatever assets she owns will go the the various...

Getting sued for breach of contract?

Look up the local Legal Aid Society and see if they will represent you for free or a reduced fee. Another angle is to got to a law school and see...

Is my spouse entitled to a portion of my business?

Depends a lot on what other assets there are that form part of the marital estate. You may end up keeping 100% of the business interest but owe...