by eespin | Oct 26, 2022 | Estate Planning
Estate planning attorneys deal primarily with wills and trusts, although they may also act as executors under a will. They are responsible for ensuring that proper documents are drafted and executed and provide guidance and assistance during the drafting process. On...
by eespin | Oct 26, 2022 | Estate Planning
Another type of estate plan is known as a “family trust.” The purpose of a family trust is to provide for the care and support of minor children after the death of both parents. Family Trust A family trust directs the distribution of an individual’s...
by eespin | Oct 26, 2022 | Estate Planning
Many people think estate planning involves simply creating trusts and wills, but these documents aren’t the only ones to consider. There are also living wills, powers of attorney, and health care proxies. Here’s a quick overview of each type of document....
by eespin | Oct 26, 2022 | Estate Planning
An estate plan is a set of legal documents that spell out how you want all of your assets to be distributed after you die or in the event, you become incapacitated. An estate plan may include a living will, a durable power of attorney, a beneficiary designation form,...
by eespin | Oct 26, 2022 | Estate Planning
When you are busy juggling the demands of work and life, the last thing you want to think about is how you want your assets handled once you die or if you become incapacitated. Estate planning is the legal process of establishing your wishes regarding your final...
by eespin | Oct 26, 2022 | Real Estate Law
Foreclosures are highly regulated and controlled procedures. The basic steps are the same nationally, however, details and timelines may vary from state to state. For example, some states may allow the homeowner a Right of Redemption. Typically reserved for...
by eespin | Oct 26, 2022 | Real Estate Law
The Consumer Financial Protection Bureau mentions another option for avoiding foreclosure. In a deed-in-lieu of foreclosure the homeowner and mortgage lender mutually agree to exchange the deed to the home to the lender, who then drops foreclosure proceedings. By...
by eespin | Oct 26, 2022 | Real Estate Law
There are many steps homeowners can take and resources they can tap into to prevent a foreclosure situation. Not only does foreclosure mean the loss of the home and relocation, but it also has significantly damaging impacts on credit histories and scores, which can...
by eespin | Oct 26, 2022 | Real Estate Law
There are two primary types of foreclosure in the United States. The type of foreclosure filed will depend on the terms of your mortgage contract and the relevant laws of your state. Most foreclosures will be either a Judicial Foreclosure or Non-Judicial Foreclosure....
by eespin | Oct 26, 2022 | Real Estate Law
Homeownership is a big part of the American dream. A safe place to shelter after a long day of work, a place to rest, entertain, and maybe even raise a family. In 2021, 6.12M homes were sold, according to the National Association of Realtors. Millions of individuals...