by Leslie Marenco | Sep 1, 2017 | Estate Planning, Real Property / Real Estate, Trusts, Uncategorized
Perhaps you’ve heard from a well-meaning friend or advisor that you can use an inexpensive Transfer on Death Deed to keep your property out of court without going to the trouble of creating a Living Trust. If so, read this before you rely on a Transfer on Death...
by Leslie Marenco | Feb 4, 2016 | Celebrity Estates, Inheritance, Real Property / Real Estate, Uncategorized
The story of Ben Novack, the heir to Fontainebleau hotel who was murdered by his wife, Narcy Novack, has received widespread media coverage and resulted in multiple litigations. More than five years after Ben’s death, the fight for his fortune still continues....
by Leslie Marenco | Jan 22, 2016 | Liens/Debt, Real Property / Real Estate
As our parents and other loved ones age, they may need a little more attention from us. Parents, grandparents, aunts and uncles, or even neighbors who are aging may want to be seen as strong and independent. Often, however, their abilities to take care of household...
by Leslie Marenco | Jul 31, 2015 | Real Property / Real Estate
If you own your home or you’ve been renting so long that this information is old hat to you, consider sharing the details with a young adult or almost adult in your family who would benefit from this knowledge. One of the best ways to pass on your family wealth is to...
by Leslie Marenco | Jul 6, 2015 | Income Tax, IRS, Real Property / Real Estate
When a foreign person sells U.S. real estate, he or she is subject to having 10% of the gross sales price withheld from the proceeds received at closing. This is a requirement under the Foreign Investment in Real Property Tax Act, known as FIRPTA. This 10% withholding...
by Leslie Marenco | Jan 8, 2015 | Asset Protection, Business/ Corporate Law, Estate Tax, Income Tax, Inheritance, IRS, Non - US Citizen, Probate, Real Property / Real Estate
Many individuals who live outside of the U.S. like to purchase real estate in America or invest in the U.S. Stock Market. It can be much safer than in investing in other parts of the world and often times the individual has children who have moved to America to live...
