Blog — Real Estate Planning

Tuesday, January 19, 2016

Beware The Use of Online Legal Services

A client whom I represented a couple of years ago regarding the sale of her company recently contacted me. This particular transaction involved the buyer purchasing the assets of her company and the new business carrying on in the same manner as it did before the sale. The transaction was a little unusual in that my client also became a 20% owner in the corporation that bought the new business and...

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Tuesday, January 19, 2016

Asset Protection Is for Everyone

When people hear the words “asset protection,” they think of rich individuals with offshore accounts and tax havens. However, in reality, asset protection is for everyone. Using a series of basic techniques, individuals can increase the odds that the wealth they’ve accumulated stays with them and their heirs and not someone else.

Individual’s assets can quickly disappear as a result of a lawsuit, a failed...

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Tuesday, January 19, 2016

When Parents Are Living with Their Adult Children

Did you know that almost 20 percent of the U.S. population, or more than 55 million Americans, are living in households with two adult generations?

Some of these are households in which “boomerang children” have returned home after college. But in a great many cases, the situation may involve seniors who no longer want to live alone (or are no longer able to live alone)...

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Wednesday, November 18, 2015

Pre-Marital Planning

People who are remarrying after a death or divorce, and even, increasingly, couples who are getting married for the first time in their lives are strongly considering prenuptial agreements or other pre-marital planning. When prenuptial agreements became popular a generation ago, most people thought of them as a way for wealthy people to protect themselves in case they were marrying a younger, less wealthy spouse. Today, however, prenuptial...

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Tuesday, October 20, 2015

Avoid the Fight for the Family Cottage

Oftentimes, the idea of "estate planning" can seem overwhelming. However, estate planning at its most basic level is simply making decisions about who should receive your assets when you die and creating a plan that efficiently transfers ownership of the assets at the time of your death to your intended beneficiaries.

Cottage law is an extension of your estate plan. Most estate plans will address...

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