While you don't need to explain every detail of your estate plan to your family, it helps to have an open discussion, especially if you have a complex estate or the assets are not divided equally. Talking to them can eliminate the chances of inheritance disputes....
Month: August 2023
When to walk away from a real estate deal
There are few purchases as significant as a new piece of real estate. Whether you’re using it as a home or investment, real estate doesn’t come cheap. It's important to carry out due diligence before committing to an agreement. Additionally, you should know when you...
2 ways a special needs trust can protect a vulnerable family member
Some people come into this world with congenital conditions that will make them forever dependent on the care of others. There are many other people who acquire disabling medical conditions because of an injury or an illness that occurs later in life. In either event,...
2 types of encumbrances on real estate you should know about
As a real estate investor, it's crucial to have a thorough understanding of various legal concepts and terms associated with property ownership. One important issue of note is encumbrances. Encumbrances are legal claims or restrictions on real estate that can affect...