Estate Duties And Your Trustee
While it's commendable to have a will in place, you might want to also consider taking it one step further and creating a revocable trust. You can use this type of trust in much the same way that you can a will, but it does carry some advantages over a will. A comprehensive estate plan is made of several components, so read on to learn about the role of the trustee and about revocable trusts.
4 Reasons To Hire A Probate Lawyer
The key to dealing with many legal concerns in life will rest in having the right attorney to assist you. For instance, if you've lost a loved one and are handling many of the challenges that face settling an estate, this can be tough. The most effective way for you to get through this time is by leaning on the expertise offered by a probate attorney. Being aware of some of the reasons to do so can be helpful to you.
What Happens To A Real Estate Closing If Buyer Cannot Get A Loan?
If you are in the process of selling your home, you will probably be very excited when the agent or attorney notifies you of the date for the real estate closing. The closing is used to transfer ownership of your house to the buyer, but what happens if the buyer suddenly cannot get a loan? Here are several things to know about this issue. Closing Gets Cancelled In This Situation
Planning Your Estate? Two Signs That You May Need An Attorney
Although some people still think that estate planning is only for the wealthy, this opinion may be far from the truth. Estate planning is available to virtually anyone, and is all about making sure that an individual's final wishes are known. Because estate planning is so widespread, you may believe that it can be done without the help of a legal professional. However, there are some instances where it is very important to consult with a lawyer when planning an estate.
3 Signs That Your Tenant Might Not Be Taking Good Care Of Your Property
When you allow someone to move into your rental property, you have to trust that person to take good care of that property. Otherwise, hundreds or thousands of dollars of damage can be done to the apartment unit or home. Doing a thorough background check of the potential tenant is a good place to start, but you also have to watch out for the signs that you might not have chosen the best tenant.
Reducing Probate With Revocable Trusts
Advertisements on how to avoid probate are almost unavoidable and give the impression that you can arrange for your estate to flow seamlessly to your beneficiaries immediately after your death. In spite of the impression given by this misinformation, probate is not entirely evil and usually cannot be completely avoided, but you can employ methods to keep some of your estate from being probated by careful and timely use of deed transfers and revocable trusts.