A charitable remainder trust (CRT) offers a unique way to provide for loved ones while supporting charitable causes. This estate planning tool helps create a win-win situation for families and charities alike. Understanding the benefits of CRTs can help determine if...
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Riddell Law Group Blog
How title insurance protects you against harmful liens
When purchasing a home, buyers often face hidden risks that can affect ownership rights. One of the most significant dangers involves liens placed on the property by previous owners. A lien is a legal claim against the property, usually for unpaid debts such as...
How does a short sale affect credit and future home purchases?
A strategic short sale happens when a homeowner voluntarily sells their home for less than the mortgage owed to avoid foreclosure. This option can help homeowners escape the financial and legal burdens of foreclosure. However, it's important to understand how a short...
Does title insurance protect against zoning and boundary issues?
Title insurance is a crucial safeguard for property owners. It offers protection against various potential issues, including zoning law violations and boundary disputes. Understanding how title insurance works can help you appreciate its value in securing your real...
Potential zoning issues to understand before buying your home
When purchasing a home in Florida, it’s crucial to be aware of zoning laws that govern land use and construction in different areas. Understanding these rules can help you avoid costly mistakes and ensure that the property meets your needs. Residential zoning...
What does it mean to have ownership interest in a home?
When a seller transfers ownership of a property to you, you probably take it for granted that you completely own the home. This is the case if the transaction grants you complete ownership over the property. The key to being able to use your new house as you wish is...
Strategies for avoiding probate in Florida
Probate, the legal process to settle a deceased person's estate, often involves time and expense that many wish to avoid. Several effective strategies can help minimize or bypass the probate process altogether. These strategies provide various options for individuals...
Reasons your home closing may be delayed
Purchasing a home is an exciting milestone. Unfortunately, the closing process can sometimes hit a snag, causing delays that might frustrate both buyers and sellers. Understanding the potential reasons for these holdups can help you navigate the process more...
What are reasons people place their home in a trust?
It is not always necessary to use a will to pass your home to a family member upon your death. Other estate planning options may answer some concerns you have that a will is not capable of addressing. For instance, you might consider putting your house into a trust....
Steps in the foreclosure process
Homeowners facing financial hardships may find themselves facing foreclosure. Understanding this process is important to minimize its impacts and possibly avoid losing a home. Having a clear understanding of the steps involved can help individuals navigate the process...
