#United States #New York #Kensington Vanguard #Legal 1031 #Paul R. Faglione

Legal 1031 Exchange Services Welcomes Paul R. Faglione

March 3, 2026 - New York, NY
Legal 1031 Exchange Services, LLC, a prominent provider of qualified intermediary services, recently announced the appointment of Paul R. Faglione, Esq. as the Exchange Director for the New York Metro Area. This strategic move is expected to bolster their expertise and client services in handling IRC §1031 tax-deferred exchanges across New York, New Jersey, and Pennsylvania.

A Proven Legal Expert

Paul R. Faglione brings a wealth of experience in complex real estate transactions to his new role. His legal background has been honed through years of practice in commercial litigation and transactional real estate, where he provided guidance on matters such as 1031 “drop and swap” exchanges, secured loan agreements, and various acquisition and lease agreements for both commercial and residential properties. This depth of knowledge positions him as a critical asset to Legal 1031, allowing him to effectively assist clients in navigating the intricate landscape of tax-deferred exchanges.

Commitment to Client Education

Todd R. Pajonas, the President of Legal 1031, expressed confidence in Faglione’s capabilities, stating, “Paul’s legal experience and practical understanding of complex real estate transactions make him a strong addition to the Legal 1031 team.” His ability to communicate technical 1031 rules clearly while focusing on the clients' goals aligns with Legal 1031's mission to provide high-quality service and education.

Faglione shares this vision, emphasizing the importance of helping clients complete their 1031 exchanges with clarity and support. “I’m excited to join Legal 1031 and work with investors and their advisors throughout the New York metro area,” he stated. His goal is to ensure that clients receive thorough information and practical solutions at every step of the exchange process.

Legal 1031's Expertise

Legal 1031, as a division of Kensington Vanguard National Land Services, specializes in offering qualified intermediary services. Their mission is to enable clients to defer capital gains tax that would typically arise upon the sale of their investment properties. The expertise of their team of seasoned professionals, including attorneys and Certified Exchange Specialists, positions them as leaders in this field.

The firm not only focuses on 1031 exchanges but also manages a comprehensive array of commercial transactions through its other divisions. Their Commercial Division handles the most sophisticated real estate transactions, catering to a diverse clientele comprising various stakeholders in the real estate market.

Background of Paul R. Faglione

Faglione earned his B.A. from Lafayette College and pursued his law degree from New York Law School. He is also an active member of the New York Bar, underscoring his commitment to the legal profession and to providing expert guidance in real estate matters. His addition to the Legal 1031 team marks an essential progression in enhancing the quality of service offered to clients in the New York City metro area.

Conclusion

As Legal 1031 continues to expand its reach and expertise, the appointment of Paul R. Faglione as Exchange Director signifies a commitment to providing clients with unparalleled service and guidance in the field of tax-deferred exchanges. With his extensive knowledge and dedication, clients can look forward to a supportive and educated approach to navigating their real estate transactions, ensuring they meet their investment objectives effectively and efficiently.

For those interested in learning more about Legal 1031 and their services, further information can be found at www.kvnational.com.