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At Ivanova Law, we specialize in all matters of real estate and estate law.
If you want to sell your property or invest into a new property,
our practice is ready to negotiate and regulate real estate transactions.
Apart from the legal services related to real estate,
we also provide legal services for life’s major circumstances.
Real Estate
Seller
Real estate transactions are quite complex. In the majority of cases, it is necessary to acquire the services of a lawyer, preferably a specialist in real estate law and a real estate broker.
Buyer
Without doubt, it is one of the most important purchases that an individual can make throughout his life, is the purchase or sale of a house, land, or investment property.
Property Financing
The purchase cost of a property can be covered with own resources, as cash plus financial complement such as housing subsidy, or covered entirely with mortgage financing.
Since the process of buying or selling a real estate is started, it is necessary to seek a legal professional specialized in real estate law, who will be in charge of both the analysis of the documents and deeds of the property for sale. Not only for the purchase and sale of real estate, but also for the rental or lease of a property, since the advice of a professional is vital to avoid problems with the law and prevent infractions for the breach of them. A lawyer is of great help when making a lease or rental agreement, it is also very useful in case unfortunately an eviction is necessary.
The Cases we handle.
Real Estate
Ready to buy or sell, we are here to guide and advise your investment needs, and discuss the current marketplace.
Family Law
Life happens and a legal professional is needed to assist with divorce settlements, child support and custody.
Financial Services
Save yourself from drowning in debt and rebuilding your financial future with smart Bankruptcy.
Medical Malpractice
Health services are most appreciated; however, negligence and mistakes do happen. Know your rights.
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts.
A well-seasoned bankruptcy attorney will know how to take the steps so that you avoid any complications or embarrassing situations at your meeting with the trustee.
FAQs
Do I need a lawyer to file bankruptcy?
The short answer is “no.” However, filing your bankruptcy can be very costly. The penalties for making a mistake can be severe.
What Happens if I Make a Mistake on My Bankruptcy Petition?
Fraudulent concealment or false statements are punishable under the law. If found guilty, the offender risk a fine of up to $250,000 fine and, or 5 yrs in prison. If the mistake is a light one and doesn’t result to fine/jail, the stress of fixing the errors and going through the process of having the United States Trustee haul you before a judge can feel worse.
How Will I Know If Bankruptcy Is The Only Option For Me?
Many times people who think bankruptcy is their only option discover that they have numerous other choices when they consult a bankruptcy attorney. The experience of a knowledgeable bankruptcy attorney can be priceless. Let the attorney quickly and efficiently advise you of all of your options.
When Is The Time Right For Me To File Bankruptcy?
Debtors are allowed to maximize their rights to the extent allowed by law. The first step in filing bankruptcy is determining when the petition should be filed. As a debtor, you have the right to determine when the correct time is best to file. Tax refunds, asset preservation, and many other aspects of the success of your bankruptcy are all affected by when a bankruptcy petition is filed. The timing of a foreclosure and the timing of the bankruptcy can directly affect each other. It takes an experienced attorney in each area to resolve the conflicts created by each.
How Long Does It Take To Prepare A Bankruptcy Petition?
You also have to consider how much your own time is worth. In order to be fully informed, you have to research the bankruptcy process, rules, and regulations before starting your petition. Pro se litigants should be familiar with the Bankruptcy Code in the state or country of their jurisdiction.
Who Is Going To Look At What I Prepare?
Once your petition is completed, it will be scrutinized by both the trustee and the office of United States Trustee to ensure everything is accurate, all of the requirements under law are met, and that you qualify for bankruptcy. In every bankruptcy case, the debtor must appear before a bankruptcy trustee at a meeting. The essential purpose of the trustee is to investigate the debtor and determine if there are any assets that can be taken for the benefit of creditors. The type of exemptions you can use and the amount of each exemption can be complicated and vary from state to state. If it’s not done correctly, the debtor faces losing property that otherwise might not have been lost.
A lіmіtеd liability соmраnу (LLC) іѕ a ѕіmрlіfіеd buѕіnеѕѕ ѕtruсturе fоr startup buѕіnеѕѕеѕ. LLCs аrе fоrmеd bу ѕtаtе lаw аnd have thе benefit of providing lіmіtеd liability рrоtесtіоn fоr thе оwnеrѕ. Thе exact rulеѕ for setting uр an LLC vаrу bу state, аlthоugh thе gеnеrаl requirements аrе suіtе ѕіmіlаr.
Thе benefits of creating an LLC typically exceeds аnу perceived disadvantages and аrе generally unаvаіlаblе tо sole рrорrіеtоrѕhірѕ аnd general partnerships.
Limited Liability Company, (LLC).
The bеnеfіtѕ of Inсоrроrаtіng уоur LLC.
- Prоtесtеd аѕѕеtѕ
- Pass-through tаxаtіоn
- Hеіghtеnеd сrеdіbіlіtу
- Flеxіblе mаnаgеmеnt ѕtruсturе
- Fеw rеѕtrісtіоnѕ:
Pоtеntіаl LLC dіѕаdvаntаgеѕ
In ѕріtе of thеѕе mеrіtѕ, LLC are not whоllу without ѕtаіn. Sоmе роtеntіаl demerits оf LLC include:
- Fоrmаtіоn аnd imposition of ongoing еxреnѕеѕ.
- Difficulty in transferring ownership
- Less precedent.
Pоtеntіаl LLC dіѕаdvаntаgеѕ
In ѕріtе of thеѕе mеrіtѕ, LLC are not whоllу without ѕtаіn. Sоmе роtеntіаl demerits оf LLC include:
- Fоrmаtіоn аnd imposition of ongoing еxреnѕеѕ.
- Difficulty in transferring ownership
- Less precedent.
Hоw tо іnсоrроrаtе уоur LLC?
- Chооѕе thе Stаtе Whеrе You Wаnt to Orgаnіѕе the LLC
As ѕtаtеd еаrlіеr, LLC іѕ fоrmеd іn ассоrdаnсе wіth thе rules and rеԛuіrеmеntѕ оf a particular ѕtаtе lаw, thе fіrѕt dесіѕіоn tо be mаdе is whеrе уоu should оrgаnіѕе the LLC
- Nаmіng thе LLC.
A furthеr ѕtер to оrgаnіѕіng уоur gаmе business аѕ аn LLC іѕ tо рісk аn available business nаmе fоr the LLC.Thе nаmе ѕhоuld end with “LLC,” “Limited Lіаbіlіtу Company,” and must nоt соntаіn tеrmѕ that mау bе prohibited bу state law (such аѕ “bаnk,” “trustee” “insurance company”, “іnс,”” іnсоrроrаtеd,” оr corp.).
- Fill Articles of Inсоrроrаtіоn
An article оf Inсоrроrаtіоn is a ѕеt of fоrmаl documents fіlеd wіth a government body to legally document thе creation of a corporation. Thе аrtісlеѕ in thе dосumеnt vаrу bу state; hоwеvеr, thе following аrе tурісаllу іnсludеd:
- Nаmе of соrроrаtіоn
- Nаmе аnd аddrеѕѕ of thе registered аgеnt
- Tуре of corporate ѕtruсturе, e.g, Prоfіt Cоrроrаtіоn, non-profit соrроrаtіоn, etc
- Names and addresses оf thе іnіtіаl bоаrd of dіrесtоrѕ
- Numbеr аnd tуре оf аuthоrіѕеd ѕhаrеѕ
- Durаtіоn of thе соrроrаtіоn, іf іt wаѕn’t established tо exist реrреtuаllу
- Name, ѕіgnаturе, and address of thе incorporator, whо іѕ thе реrѕоn іn сhаrgе оf ѕеttіng uр a соrроrаtіоn
- Fіlе thе LLC Artісlеѕ оf Orgаnіѕаtіоn.
Please contact Ivanova Law for further details.
Divorce, (also known as dissolution of marriage) is the process of terminating a marriage or marital union which not only involve canceling or reorganizing of the legal duties and responsibilities of marriage but also dissolving the bonds of matrimony between a married couple under the rule of law of the particular state or country.
Divorce laws vary from jurisdiction; however, the process requires a sanction of a court or other authority in the legal process in many cases.
Divorce lawyers will help you with the rigorous paperwork and protect your parental right.
Divorce can be a difficult as well as psychologically tolling process on all parties involved.
When it comes to divorce, there is not just one way to divorce. Parties can choose to each hire a lawyer to represent them during the divorce process, parties can choose to work together with a mediator to assist them in crafting an amicable agreement or each party can choose to hire a collaborative divorce lawyer and work with each other and the lawyers with the goal of resolving issues and avoiding court.
- Pre-divorce agreement, Divorce Work Sheet
- Divorce Certificate, Divorce General release
- Child Custody, Child Visitation Rights, Violation Notice
- Spousal Support/ Alimony, Child Support
- Division of assets and property settlement agreement
- Pension right / tax matters
WHY DO MARRIAGES END IN DIVORCE?
Many factors can result in divorce, however, according to research, the most common reasons people give for their divorce includes:
- Adultery; Extramarital sex; Infidelity – 27%
- Domestic violence – 17%
- Midlife crisis – 13%
- Addictions, e.g., alcoholism and gambling – 6%
- Workaholism – 6%
- Other factors – 31%
A will is a set of instructions that explains how you want your property distributed after your death. A will may also create a testamentary trust that is effective only after the death of the testator.
A trust is a fiduciary relationship in which you give another party authority to handle your assets (for the benefit of a third party), your beneficiaries. A will can be used to create a testamentary trust, or used primary to avoid probate court, called a living revocable trust.
Similarities between Will and Trust
A major distinction between a Will and a Trust is that a Will only come into effect after you die, whereas a Trust comes into effect once you generate it. A Will is a document that defines who will receive your property when you die. A Trust, on the other hand, can be used to start distributing assets prior to death, death or later.
What are the benefits of a will?
A will allows you to decide who will manage your money and other property after you die, and how it will be distributed. It lets your wishes be heard regarding the care of minor and disabled children. It often prevents disputes among your relatives. In a large estate, a will can also reduce the amount of taxes that may be due at your death.
Does a will avoid probate?
No, but a having a will can reduce the cost of probate and the burden to your friends and family. Whether your property needs to go through probate is determined by how that property is titled, not whether you have a will.
Can a revocable living trust substitute for a will?
A properly drafted revocable living trust can work well as a substitute for a will and sometimes may reduce the costs of handling your estate. However, even if you have a trust, most advisors would recommend you also have a will to cover the possibility that some of your assets may not be covered by the trust at the time of your death. Whether a trust is proper for your estate is a decision to be made after receiving competent legal advice.
Can a will be changed?
You can change your will at any time as long as you are of sound mind. Major life events such as marriage, divorce, death of a family member, or a new baby are good reasons to consider changing your will. You may revoke your old will by destroying it or by writing a new will. It is wise to consult an attorney about the changes you would like to make.
On a final note, whether you choose a will or a trust, you should seek the advice of a trusted professional.
If you do not have an estate transfer plan, the state in which you live and the Federal government will have one for you. So making this a priority now can save money and precious time later.
(718) 715-0907
info@ivanovalaw.com
81-10 Roosevelt Ave. 2nd Fl, Queens, NY 11372
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