A lawyer is a person who can give legal advice, draft contracts, help with lawsuits, anything related to the law. Many people don’t consult with a lawyer when they should. Take advantages of the services of a lawyer, depending on your situation. When buying property, writing a will or trying to untangle your taxes, a lawyer can be a great help.
Revocable Trust Administrator Duties
If you're thinking of setting up a revocable trust for a parent or have been asked to be an administrator of one, you will need to make sure you retitle assets that are placed in the trust. Assets include primary residences, vacation properties or even stocks and bonds. Trusts are often used in estate planning.
Property Line Dispute With Neighbors
A homeowner has a neighbor who insists they move their fence because it is on the neighboring property. There is no survey on file for any of the lots. The owners are relying on a real estate agent's claim that a tree line is the property line. The homeowners need to hire a surveyor and a good real estate attorney or risk losing their land and trees. The attorney can also help them figure out their options if the property does belong to the neighbors.
Real Estate Contract Describes Remedy For Mistakes
Real estate contracts spell out the terms for when either the buyer or seller does not meet his obligations. If there's a breach of contract, both parties should review the contract to understand the remedy for the mistake. When a dispute arises relating to a real estate contract, either party has the right to go to court and sue the defaulting party.
Timeshare Seized For Late Payment
Timeshare properties are rather unique and the association may have greater powers to enforce their rights to collect unpaid bills that you otherwise might be used to. Your timeshare documents should indicate what your responsibilities are in paying bills.
Estate Planning: Power Of Attorney And Living Wills
Estate planning such as designating power of attorney is a smart move. A living will, has nothing to do with the financial aspect of estate planning, but allows you to describe the kind of medical treatment you want in certain situations. A durable power of attorney is a good move as far as estate planning, because it lets you select someone to make tough decisions and pay bills for you after you are no longer able to choose.
Financing A Mortgage On An Investment Property Without U.S. Citizenship
Financing a mortgage for an investment property where one of the owners is not a U.S. citizen can be tricky. Most mortgage lenders are reluctant to finance a mortgage on an investment property to an immigrant who does not have a long-term visa or has become a resident of the United States. Ilyce and Sam help this reader figure out the best way to finance a mortgage on an investment property where his potential co-owner does not have U.S. citizenship.
Estate Planning: Wills And Power Of Attorney
Ready to get your estate in order? Look no further for estate planning advice Here's how to get your estate planning started with living wills, powers of attorney for health care, and powers of attorney for financial matters.
Seller Refuses To Vacate Property
A home buyer purchased a home and agreed to let the seller's stay in the home for fourteen days. But now the home buyers cannot get the sellers to move. Having a good attorney to represent them at the closing could have helped this home buyer avoid this problem.