In a previous post we discussed the role of the Executor/Executrix of a will. Someone asked a question pertaining to debts of the estate and whether those responsibilities fall to the executor. Does the Executor become liable for the debts incurred, even if debts...
In my years of experience I’ve watched family members, brothers and sisters, parents and children, boyfriends and girlfriends, teammates and others, purchase properties, and then have their relationships deteriorate. They all said, in the beginning, “a breakup...
It never ceases to amaze me that two or more adults can agree to pool their money to purchase a home, to fund monthly mortgage payments, to maintain and operate that home, all with have no written agreement that sets out what will happen if their relationship comes...
Purchasing a home is one of the most important financial and life decisions you can make. It’s hard not to let emotions get the best of your decision making. That’s why it’s important to take your time and use all of the tools at your disposal to...
After buying a home with a partner, is it now time to take one of the names off of title? That may not be as easy as instructing your lawyer to complete and register a transfer of land. Did you know that your mortgage company has the right to refuse to allow you to...
A while ago I ran across an interesting problem with a condominium title. A four story, 16 Unit condominium building was constructed some time ago in the SW. The four Units on each floor of the building, while similar in characteristics, are of different sizes. When...
When a Seller of a home, which was the matrimonial home prior to a separation, is in the Seller’s name, problem can arise. If the Seller is not yet divorced certain steps need to be made to ensure the sale goes smoothly. The Dower Act requires that the...
There are some consideration to keep in mind when selecting the right lawyer for your needs. Whenever you hire a lawyer, work with one who has been referred by someone you trust. If that’s not possible, do your research online about the firm, read reviews, and...
You’re looking for a different home, one with a big back yard you can envision yourself relaxing in on a warm summer evening. Perhaps a yard that the kids can play in? Then you find it. The perfect home with the perfect yard–or so you think. Many homes...
Transferring land by way of a Power of Attorney should be done by all parties together to prevent disaster. Perhaps I have overstated my concern a touch but here’s a scenario that happened at our office. I once had a client who wanted to purchase a house from a...