Wealth Preservation Archives - Michael V. Favia & Associates

A Guide to 1031 Exchanges: Rules and Benefits

A Comprehensive Guide to 1031 Exchanges: Understanding the Rules and Benefits

[email protected]August 15, 2024August 15, 2024

The 1031 exchange is a powerful tool for real estate investors, allowing them to defer capital gains taxes while growing their investment portfolios. This article empowers you with a deep understanding of the essential aspects of the 1031 exchange, highlighting the rules, benefits, and importance of working with a seasoned real estate attorney like Michael V. Favia.

Top Ten Reasons You Should Prioritize Estate Planning This Spring

[email protected]April 23, 2024April 23, 2024

Michael V. Favia: Your Trusted Partner in Estate Planning Success Spring is a season of renewal and growth, making it the perfect time to take stock of your life and plan for the future. One crucial aspect of preparing for the future is estate planning. While it may not be the most exciting topic, estate […]

Nick Augustine, J.D.

2020-07-29

I am the marketing guy for Michael V Favia and have known him for at least 10 years. We were both on the John Marshall Alumni Board together, when he was President. From time to time I've sent Mike referrals and I always hear positive reports from my friends and colleagues I've sent bis way for personal injury matters and nurse licensing issues. Great firm amd I'm so happy to be able to work with them all.

Jeremy Winter

2019-12-12

Mike and Jackie are the best. If you are in need for top notch, compassionate, and smart lawyers---look no further!

Esther Vega

2019-03-29

I've known Mike both personally and professionally for over 25 years. Anything I do that requires a lawyer, Mike is my guy. He's incredibly experienced and knowledgeable in the law and gets the job done. I have recommended Mike to family and friends and he has done well for them. Mike also has a team of Associates that are ready to help at a moment's notice. If you need an attorney, give Michael a call; you won't go wrong.

Tarzan

2019-03-08

I was rear ended by a reckless, moronic truck driver three years ago in Indiana. I live in Illinois, and I am a truck driver as well, so I was referred to Michael by my doctor. Despite the accident happening in Indiana, I felt that Michael and Tom Kain came through for me. Insurance companies for the trucking industry loves to be a pain in the rear when it comes to settlements, and this one was no exception. Michael made sure that all of my bills was accounted for, paid, and his expenses were very fair. I would have no trouble in recommending Michael to other people. He is very down to earth and will not make false promises. I received a good settlement in despite of Indiana's nutty laws, and am glad of the results.

Paul Misceo

2018-07-12

Great team very experienced attorney you can count on Mike Favia and team to have your best interest

Mike Wiley

2018-02-01

Very knowledgeable and friendly

Patrick Nixon

2017-12-14

Very skilled, knows his work, done quicky