Often in the course of planning an estate, some individuals will want to own a piece of property jointly. It is possible for this to be accomplished in a couple of different ways, each with its own advantages and liabilities. If you are considering joint tenancy or...
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Year: 2016
What is the difference in a positive and negative easement?
There are myriad ways in which the process of buying real estate and the continuing ownership and development of that property can go sideways if the buyer doesn't know which potential pitfalls to look out for. For this and many other reasons, it almost always wise to...
What is a Charitable Remainder Annuity Trust?
Trusts are excellent financial tools and can be amazingly effective when they are used correctly. The variety of available trust options can be overwhelming, each with its own specific advantages and limitations. Charitable Remainder Trusts are an excellent way to...
Why you want a lawyer for real estate transactions
Purchasing a home is a huge opportunity and a huge responsibility -- one that should not be taken lightly. Especially for first-time homebuyers, including a lawyer in your home-buying team can help you avoid some extremely costly missteps in the home-buying...
How do I help my parents create an estate plan?
Millions of Americans' parents do not have a solid plan for how they want to live out their retirement years, or what to do with their estate when they pass. This is a dangerous place for everyone involved, but it doesn't have to stay that way. Regardless of the state...
What is the RLUIPA?
Zoning conflicts can come in many shapes and sizes, from whether or not a developer is allowed to build certain kind of home in a specific location to what kinds of businesses are allowed to operate in a given space, and many more. One area that has produced many...
Why might I change my will?
It is common knowledge that everyone should have a will, but just having a will is not always enough to ensure that your wishes are known and executed when you pass away. Regular will maintenance that's reflective of important life changes is an important component of...
Pay if Paid and Pay When Paid Clauses
As a contractor, you are understandably concerned with being paid for your work and receiving this payment in a timely manner. Because of this, you should be aware of pay if paid or pay when paid clauses in your construction contracts. This language allows general...
Reasons you may be able to back out of a purchase
If your offer on a home is accepted, you typically are locked in and you have to buy the home. The reasoning here is that the seller will take it off of the market or turn other buyers away, so if you then walk, you have cost the seller other potential sales. They'll...
Don’t avoid talking about money, even in tough situations
Parents often think they should avoid talking to their kids about money, even when it comes to a will and an inheritance. They somehow think that this is a taboo subject, something that is off limits, because how much money a person has is considered personal....