My wealthy friend from China wants me to help him to invest one million dollars in commercial property in NYC.

Be cautious and make sure everything is legitimate. If he is that wealthy, he should be sophisticated enough to know that he needs an attorney,...

If the tenant is eligible to sublet to a subtenant, the tenant must ask the landlord for permission to do so and provide certain information. ...

The administrator(s) must file an inventory of assets. They can learn about any creditors by watching the decedent’s mail and seeing what bills...

Removing a partner on a deed?

If you have an agreement with him, he may be in breach, in which case you have a viable lawsuit. You may be able to negotiate a buyout. You could...

Life insurance and assets in a 401(k) plan will pass to the parties named in the beneficiary designations. If no parties are named, they will pass...

Can the state take over your inheritance of a estates

If a person dies without a will (i.e., intestate), the law of intestacy provides a list of people who may serve as administrator of the estate. If...

What does my brother need to do to relinquish his rights to the house?

Your mother probably had a Home Equity Conversion Mortgage (HECM). In that case, the estate fiduciary (e.g., executor, administrator) could sell...

If you prefer to choose one lawyer for probate and another as a tax lawyer, is it considerably more expensive?

As Ronald notes, you can handle this by retaining a probate attorney and a tax preparer who will work together. It is very common to do this.

I was told that a parent usually gives power of attorney to a son or daughter. Is that so. I do not believe that.

If you decide to give power of attorney to an agent, give it to someone you can trust and who is responsible.

If you transfer home ownership by operation of the law, can you later get a "cleaner" title?

When a decedent dies, the person's real estate transfers by operation of law to the person(s) entitled to it. If there was no joint owner and a...