Estate planning is an intricate process, especially when it involves real estate. Land trusts, the Corporate Transparency Act (CTA), and various real estate issues play significant roles in this domain. This article delves into these aspects, providing clarity for estate planners Continue reading
Category: Real Estate Law
What Is the Difference Between a Probate and Trust Administration Attorney and an Estate Planning Attorney?
Estate planning attorneys and probate and trust administration attorneys play crucial but distinct roles in the legal processes involving legacy planning, asset distribution, Continue reading
Beware of Nonlawyers Acting Like Lawyers in Estate Planning
When it comes to creating an estate plan, many may perceive it as just filling out a set of forms. However, the documents within an estate plan are legally binding tools that manage your affairs during incapacity or after death. This process is much more complex than it appears, requiring Continue reading
How You Can Build an Estate Plan that Includes Asset Protection
Much of estate planning has to do with the way a person’s assets will be distributed upon their death. But that’s only the tip of the iceberg. From smart incapacity planning to diligent probate avoidance, there is a lot that goes into crafting a comprehensive estate plan. One important Continue reading
3 Asset Protection Tips You Can Use Now
A common misconception is that only wealthy families and people in high risk professions need to put together an asset protection plan. But in reality, anyone can be sued. A car accident, foreclosure, unpaid medical bills, or an injured tenant can result in a monetary judgment that Continue reading
The Perils of Joint Property
People often set up bank accounts or real estate so that they own it jointly with a spouse or other family member. The appeal of joint tenancy is that when one owner dies, the other will automatically inherit the property without it having to go through probate. Joint property is Continue reading