How much do you know about your upcoming role as executor? If you do not have experience with the administration of an estate, you may feel overwhelmed. Fortunately, there are steps to take that will keep your tasks as executor running smoothly. One of those is...
Second marriages bring years of experience to a new relationship. Along with this, there are often children that become siblings in a new blended home. How can you ensure your estate plan covers them all fairly? Keeping the blended family in mind may force you to take...
Creating a comprehensive estate plan is one of the easier things to put off, especially if you are young and healthy. In fact, as many as 68% of Americans have either decided not to write a will or simply have not gotten around to it. Still, as the adage goes, there...
Ideally, your property and possessions get distributed among your beneficiaries according to your wishes when you pass away. For this to happen smoothly, a solid estate plan should be in place. Even when people try to plan ahead, mistakes often lead to headaches for...
Private family foundations are not reserved for billionaires, although we most often hear about them in connection with famous people. You and various members of your family may be considering establishing this kind of foundation in order to further certain goals that...
Some people may associate property management companies with only large condominiums or apartment buildings. However, rental property owners with just a few rental or vacation units may benefit from working with a property management company. Establishing a...
If you are considering renting out your home as a short-term rental property, it is a good idea to give your neighbors warning of what will happen. While you do not need their permission, it is a courtesy to advise them of the situation. This gives you both an...
A Limited Liability Company (LLC) is an easily created corporate structure with many uses. It might be right for an individual looking to pass on a vacation property to their family. When an inherited piece of property is especially desirable, using an LLC to allow...
You worked hard to be able to leave a legacy behind for those you hold dear, but, depending on how large your estate is, your loved ones may stand to lose a sizable portion of it to estate taxes. In some cases, you may be able to reduce or even eliminate your estate...
Do you have a conflict with neighbors about exactly where your property begins and theirs ends? Boundaries do not always follow existing fence lines or current usage, which can lead to misunderstandings and cause problems between homeowners. Take these steps if a...
