If a family member has passed and left you property or money, you may be wondering if you'll need an attorney. Ideally, everything should go smoothly, so you get your money without problems. However, there are some situations, where you should contact a probate attorney immediately. Check out these three common reasons you should contact a probate attorney. The Assets Can't Be Transferred Outside of Probate Sometimes, probate is simply necessary to actually transfer the assets.
15 November 2017
When a close loved one passes away, someone in the family typically needs to settle the will and estate of the person. This is easy to do if your loved one prepared for this event, but it can be very difficult if your loved one did not prepare. You can settle these matters without a lawyer in some cases, but here are several situations in which you should hire a probate lawyer for help.
13 November 2017
Executors of decedents' estates have an obligation to ensure the assets being transferred to heirs and beneficiaries remain in good condition. It can take 6 months or more for the probate process to be completed, and real estate properties can fall into disrepair during that time, particularly if no one is living in or using them. However, getting money to make the necessary repairs can be challenging. Here are a few ways you can get the cash needed to maintain real estate assets.
23 October 2017
If you are concerned about building wealth for your family that will last after you have passed away, a trust fund is one of the best ways to solve this problem. Even though a trust fund is associated with those who have a lot of wealth, they can be great for anyone. While trusts sometimes have conditions attached, the majority of trusts do not. How The Trust Works A trust fund is an entity that will hold your property for the benefit of another individual.
22 October 2017
If you want to buy a new home and plan to do everything on your own, you will soon find this a bad idea. This is especially true if you have never purchased a home before. If you do things wrong this could cause you to lose the home. To prevent this from happening, you should hire a real estate agent. You should also consider hiring a mortgage broker, which can help you save money.
13 October 2017
When buying or selling a property, most people work with a real estate agent. But if you're not familiar with the buying or selling process, it may be in your best interest to also hire a real estate attorney to assist you with your transaction. There are several reasons to hire a real estate attorney when buying or selling property, such as: Protect your Rights Buying or selling real estate is typically a very large financial transaction.
10 October 2017