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...
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Can someone left out of a will receive an inheritance?
Sometimes, when a loved one dies, the estate plan he or she leaves behind is full of surprises. Some people feel like they cannot express their true feelings while they are alive, so they use their wills to do so. Because of this, you may find yourself left out of a...
4 tips to help you succeed as the executor of an estate
When you agreed to assume the role of executor, you might have put the idea aside, thinking it would not happen for a long time. The time is now, however, and you feel apprehensive about your ability to take on this responsibility. Here are four tips to help you...
Is bypassing probate a good idea?
Hashing out an estate plan with your family's interests in mind may include diversifying your options. Since your estate likely goes through probate, figuring out ways to lessen the court's sway over your property may benefit your heirs. Probate is not bad, but it may...
What are the possible benefits of a generation-skipping trust?
You probably have grandchildren that you wish to give an inheritance to. One way is to write them into your will. However, a generation skipping trust might also benefit your loved ones. This is a type of trust that allows you to pass assets to the generation after...
Key title issues you need to watch for
Purchasing a new house can be exciting, particularly if you are a first-time homebuyer. You hope the process will go smoothly, but problems with the title can add significant complications. As you search for your next home, here are key title issues you should watch...
How can I help my loved one with estate planning?
Approaching the topic of estate planning with a loved one can be difficult, but it is an important thing to do. While you want your loved one to be in complete control of the process, there are some things you can do to assist. MarketWatch explains it may help to...
What is the purpose of title insurance?
You do not want any unexpected surprises when you buy a new home or commercial property. That is why conducting due diligence on a real estate title can be of benefit. Background research might give the property a clean bill of health so you can buy it and use it as...
Using Chapter 13 to escape foreclosure
In 2020, Florida bankruptcy courts took in over 20,000 bankruptcy petitions. Chapter 13 filings numbered almost 4,000. The United States’ bankruptcy court calls Chapter 13 the wage earner’s plan. The plan enables individuals to develop a plan to repay part or all...
Is this debt collector harassment?
As someone in debt, you likely deal with debt collectors. It is their job to ensure their client gets paid. But sometimes, a debt collector can go overboard with their tactics. Fortunately, you have protection under the Fair Debt Collection Practices Act (FDCPA). This...