Estate taxes are imposed on your estate before its contents are distributed to your beneficiaries. For the tax year 2018, you can leave $5.6 million to your loved ones before you have to pay federal estate or gift tax. If you live in New York state and have an estate...
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Month: December 2018
Real Estate Law: How a Sale-Leaseback Works
A sale-leaseback is a real estate transaction where a business that owns and occupies a property sells it to another party and then leases it back. The seller can convert a non-paying asset into cash while still retaining the right to use it, an arrangement that...