When you inherit real estate, you may want to sell rather than live in the home. Selling an inherited property can be a complex and emotional process. Take these important steps to streamline the sale of inherited real estate assets. Understand the terms Begin by...
Creating a will or estate plan is an important step in ensuring that beneficiaries get the correct assets. However, undue influence occurs when someone exerts improper pressure or manipulation over a person, causing them to make decisions they would not have otherwise...
If you serve as an estate executor, you will carry out the last will and testament written by the decedent. However, wills come in various types and perform different functions. One uncommon kind of will is the pour-over will. This is an estate document that works in...
Navigating the tumultuous waters of divorce is challenging for any individual. While you and your spouse grapple with the emotional and logistical upheavals, do not overlook the silent sufferers - your children. Kids might not voice their feelings or even understand...
Given that an LLC allows you as a member to avoid liability in case someone sues your business, you should be sure that the company will not fall apart if one of its other members dies. Fortunately, an LLC can survive by passing the ownership interest and rights to...
Naming an executor is a critical aspect of estate planning. This person becomes responsible for handling matters after you die, so selecting someone up to the task remains vital. Some individuals embody the characteristics that constitute a fantastic executor. When...
Local zoning laws determine how you can use property you have purchased. Zoning divides up communities into districts and restricts the properties in each district to certain uses. Still, you might want to use your property in a way that does not conform to zoning...
It can be a great relief to complete your duties as an estate executor. However, sometimes the end of probate is not the final end of the inheritance process. It is possible to discover property later on, even after the closing of probate. In the event you find assets...
Given that LLCs come in many forms, it is easy to mistake one for an incorporated business such as an S corp. However, these are two different business structures. If you want to start your own enterprise, you should know which of these structures may be of greater...
As a divorced parent, you may consider seeking sole custody of your children. This allows you to make decisions without needing to constantly negotiate or reach an agreement with the other parent, eliminates potential conflicts and creates a more stable environment...
Many Family Law situations can have a big impact on your future.
Don’t forget to update your estate plan.