Once you make an estate plan, you will be a step ahead of most of the population. A staggering 66% of adults have not yet done so, according to a study by Caring.com. What are the reasons for this? Is it just that people do not realize how important it is? Adults have...
Every adult should have an estate plan in place. While it is entirely up to you whether or not you have one when you are childless, once you have one, you have a responsibility towards them. That responsibility will last until they turn 18, and while an estate plan is...
You see a piece of real estate you wish to buy. Everything looks good until your background research reveals that there is some confusion over the boundaries. Apparently, the seller and their neighbor have been arguing about it for years. You might decide to walk...
Commercial real estate requires a considerable investment but can bring significant returns. However, several things could derail your plans and deplete rather than increase your investment’s value. Here are some of the major issues you need to recognize and avoid: 1....
If you sit on the board of a homeowners association (HOA), the biggest threat to your peace of mind probably comes from homeowners. Keeping everyone happy can be challenging, and it only takes one unhappy resident to cause you considerable problems. Understanding the...
Nominating someone to execute your estate is an essential part of your estate plan. This person will take charge of the distribution of your assets when you die. They are the person who will implement your plan. If you fail to nominate an executor, a court will decide...
When you make an estate plan, it is essential to ensure it covers everything you own. That can avoid the confusion of people discovering unmentioned items when you die. It’s also essential to regularly review your plan to ensure it reflects your current belongings and...