Your parents leave you and your two siblings their cottage on the water. It’s a small place, but it’s incredibly valuable and has been in the family for generations. It’s also valuable since you and your siblings have a lot of memories tied to that place from when you...
Any time that you hear someone talk about writing a will or making an estate plan, do you make a mental note to get your own estate plans started? On some levels, this is a very good mindset. It shows that you know how important estate planning is for your family’s...
If you’re about to embark on a second (or third) marriage, you’re likely considering what changes you need to make to your estate plans. If you don’t already have an estate plan, you shouldn’t wait any longer. Likely, your goals for your estate plan include ensuring...
While there are countless big companies out there with shareholders and boards of directors, there are far more small, family-run businesses run by a sole owner and a few support staff. It's not uncommon for family members to heavily rely on the continued success of...
Procrastination is part of human nature. The more unpleasant the task is, the more excuses someone will find to delay doing it. Estate planning doesn't feature highly on anyone's list of fun activities. Thinking about your death and about the financial needs of the...
Land contract sales, which are called “agreements for deeds” in Florida, are seller-financed real estate deals. While not uncommon, there are some pitfalls that can come with this kind of financing. Why do people use seller-assisted financing for their home purchases?...
In a strong real estate market, sellers might receive multiple offers on the same property. The amount a buyer offers and the terms of their offer dictate which one the seller chooses. Sellers will typically prioritize those who can show proof of financing, those who...
If you’re putting together your estate plan and have a dependent who has special needs, it may be wise to consider how a special needs trust could help. This kind of trust is created for another person’s benefit without negatively affecting their governmental...
Even though you are young, if you’re looking into creating an estate plan, you should also consider designating someone as your health care proxy. A health care proxy is a legal form that gives someone else the ability to make medical decisions for you if you cannot...
Power of attorney documents help round out your estate plan. They ensure that you have protection if you experience a serious medical event or get into a car crash by giving someone else the legal right to act in your stead. You might have multiple different power of...
