Looking at Shadow Inventory

On August 16, 2012, in Foreclosure, Real Estate, by John A. Weber IV, ESQ.

New York Shadow Inventory

Shadow Inventory

The Wall Street Journal had a very interesting article written by Nick Timiraos (a link to the article is provided below) regarding shadow inventory.  The article talks about interesting topics such as the decrease in the new homes being built and its effect on investor interest in REO (bank owned properties) properties.  Freddie Mac analysts are citing the reduction in new home building as a reason why the once assumed over saturated “shadow inventory” is not smothering and hampering the housing recovery.

The Wall Street Journal – August 16, 2012

Foreclosure Defense Attorneys

If you are considering a foreclosed property as an investment and have questions, please call the Law Firm of Vaughn, Weber & Prakope, PLLC at 516-858-2620 to speak to an attorney.

 

 

Authenticity of a Last Will and Testament

On August 16, 2012, in Estate planning, by John A. Weber IV, ESQ.

Authenticity of Last Will and Testament

Thomas Kinkade’s estate is being contested

The importance of having a Last Will and Testament or more commonly referred to as a Will, cannot be overstated.  A simple Will is a document that has great importance to wealthy persons as well as those with not much to leave behind.  Generally, a Will is used as a concrete guide in distributing the  Testators Estate.  Circumstances can arise which complicate matters however.  One of these circumstances are when the Testator drafts more than one Will or Codicil.

Currently, the famous, late artist, Thomas Kinkade’s estate is being contested.  The dispute is between his wife (from whom he is separated from) and his girlfriend (whom he lived with at the time of his death).  The interesting twist in his case is that he had drafted several Wills and Codicils that the courts must now sort through to determine their authenticity.  The American Bar Journal’s Mark Hansen wrote an article summarizing the issues.  The link to the article is listed below.

ABA Journal – August 16, 2012

Estate Planning Attorney in Mineola

If you have questions regarding the authenticity of a last will and testament, please call the Law Firm of Vaughn, Weber & Prakope, PLLC at 516-858-2620.

Shorter Sentence with proven Brain Injury

Judges giving shorter sentence with proven brain injury

There was an interesting article in the New York Times by Benedict Carey.  The article outlined a study that was conducted to figure out whether judges adjusted sentences that would normally be given to those defendants who were proven to have brain injuries.  Brain injuries have become more clear in recent years due to advances in medical technology.  Such clarity seems to be swaying judges from “dropping the hammer” so to speak, on these defendants.

Opposition to such a trend are not convinced that these injuries are clear and definite enough to alter legal decisions; especially those decisions made by judges.  Such a study may be used as an important tool on how to proceed with all types of litigation and settlement negotiations.  It is always interesting to see how real world issues work their way into court rooms.  The link for the article is listed below.  If you are trying to determine whether or not to bring a case that involves a party with a brain injury, call 516-858-2620 to speak with an attorney.

NY Times – August 16, 2012

Criminal Attorney in Mineola

If you have questions regarding the impact that brain injuries can have on sentencing, call the Law Firm of Vaughn, Weber & Prakope, PLLC at 516-858-2620.

Immigrants Apply for Deferred Action Plan

On August 15, 2012, in Immigration, by John A. Weber IV, ESQ.

Deferred Action Plan

To follow up on our earlier post regarding the immigration program known as the Deferred Action Plan, we are providing a link to a NY Times article from today by Steven Yaccino below.  The article provides a quick look at the sheer numbers of immigrants who have already come forward to take advantage of this legislation.  Remember that this is just from today.  There will be thousands upon thousands more who will be applying.  If you or anybody you know needs assistance applying for the Deferred Action Plan, please call the Law Firm of Vaughn, Weber & Prakope, PLLC at 516-858-2620 for assistance!

NY Times article – Deferred Action Plan

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