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May 2017 Archives

Creating a will reduces family conflict

It is never pleasant to dwell on your own possible death, but it is necessary if you want to protect the ones you love from potential conflicts after you pass away. Even those who are relatively young and in good health have issues to consider if they own any property and don't want their loved ones to fight over it if and when they pass away. If you want to reduce the risk of conflicts between your loved ones in the wake of your death, you absolutely need to create a will.

Joint tenancy or tenancy in common between spouses

Buying a piece of real estate is more expensive than ever in some circumstances, and more and more couples are choosing to buy property jointly than ever before. Buying property jointly allows you and your spouse or partner to use both of your incomes to qualify for a mortgage, and it also entails executing the title to the property in one of two ways — under joint tenancy or tenancy in common.

Does my executor need assistance?

When you name an executor to your estate, you are shouldering an individual, or possibly several individuals, with a number of very serious responsibilities. No one should take the position of an executor lightly, and anyone creating an estate plan should provide reasonable resources and assistance to their executor to ensure that all the relevant duties can actually be carried out.

Proposed historic overlay causes landowner problems

Zoning laws can cause great headaches if a landowner does not properly deal with them in a timely manner. Of course, in some cases, maintaining the right to do what you want with your own property is a fight in and of itself - even when you think you've prepared properly. This struggle recently came into focus for a Phoenix landowner after the Phoenix Historic Preservation Commission moved to rezone a structure with a historic preservation zoning overlay.

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