Barry Katz has more than thirty-seven years of general civil practice experience as an attorney in the state of New York. He believes that choosing the right representation is the first step toward achieving a successful result when a legal dispute arises. His role as an attorney is to provide the most professional, effective and strong legal representation possible. He listens to his clients, understands the legal issues they are confronted with and offers his guidance and counsel to address them.
Barry possesses a keen understanding of the specialized areas of law in which he practices. He combines his compassion for clients with tough advocacy skills on their behalf. He guides, counsels and helps his clients understand their choices and works with them to achieve the best possible results as quickly and cost-effectively as possible. He makes every effort to negotiate an amicable, fair and reasonable settlement while seeking to avoid escalating tension and hostilities.
New York City real estate is very unique and can be a daunting undertaking. Barry is involved with all aspects of the New York real estate market qualifying him to represent his clients when purchasing, selling or refinancing a cooperative apartment, a condominium or real property. If his client is a seller, Barry can have the contract prepared quickly and efficiently. If his client is a purchaser, Barry is known for his prompt and thorough review of all of the essential documentation (known as “due diligence”) necessary for his client to make an informed decision about how to proceed. Barry also advises and assists his clients who are seeking to refinance their present mortgages.
Residential Transactions
Including buying, selling, refinancing and leasing cooperative apartments, condominiums, townhouses and homes.
Joint Ownership Agreements
To establish the rights and obligations of parties who purchase property jointly.
Commercial Real Estate
Leasing of commercial office space.
1031 Exchanges
Investors sell and buy property of a like kind while deferring tax consequences under section 1031 of the IRS code. It allows the investor to reinvest 100% of the equity from the sale of a property into the purchase of a preferred replacement property without recognizing any tax gain.
Barry assists his clients with advice about the role of mortgage brokers, realtors, inspection engineers, appraisers and title companies, each of whom plays an integral role in the real estate transaction process. He has the essential skills to make his clients' real estate matters proceed smoothly and at a reasonable cost.
Every adult should be well informed about proper estate planning issues. If a person does not put his or her estate affairs in order, New York State laws will dictate how the assets of a deceased person will be distributed. Often times, these rules of law do not conform with the person's wishes. Barry has the knowledge and experience to assist his clients with their estate planning needs in the following areas:
Preparation and execution of wills directing the disposition of assets – A will insures that an individual's wishes are carried out and are not left to the mandatory laws of New York State that exist for the distribution of assets in the absence of a will.
Living wills, health care proxies, powers of attorney and guardian designations – A Living Will specifies that if a situation arises where there is no reasonable expectation for a person’s recovery from extreme physical or mental disability, he or she directs not to be kept alive by artificial means, life support equipment or “heroic measures”. It further specifies that medication can be mercifully administered to alleviate suffering. A “Health Care Proxy” permits an individual to appoint a health care agent to make any and all health care decisions to the extent the individual specifies in the document. A Power of Attorney authorizes a designated agent to take care of an individual’s personal affairs as a fiduciary in the event he or she suffers either a physical and/or mental incapacity.
Represents executors and administrators in being appointed by the Surrogate’s Court of the county where the deceased individual resided and carry out their fiduciary responsibilities on behalf of the estate.
Operating a successful business takes more than just a business plan and a great product or service. Retaining an attorney who is committed to the success of a client’s business should be one of the first and most important considerations. Barry offers a wide range of services tailored to the type of representation sought by his clients for their business needs. He assists his clients in the formation and dissolution of legal entities which include:
Incorporations
Limited Liability Companies (LLC’s)
Limited Liability Partnerships (LLP’s)
Partnership Agreements
Shareholder Agreements
Barry M. Katz, Esq. has more than thirty-seven years of general civil practice experience.
Bar Admissions:
Barry is admitted to practice law before the courts in the states of New York and Louisiana.
Education:
Southern University Law Center, Juris Doctorate 1985; Merit Scholar.
Louisiana State University, B.A., 1977; Dean’s List.
Lecturer and Panelist:
Barry has lectured and served as a panelist for various bar associations discussing hot topics, developments and trends in the fields of law in which he practices.