Legally binding real estate contracts define each party's role and obligations in a property transaction. Attachments to the agreement may include clauses and contingencies. Reading and understanding your contract is important, especially paying attention to specified deadlines and dates, legal…
You're ahead of the curve if you've already created a will to protect your assets and beneficiaries since roughly half of all Americans don't have one. While a will is a necessary document that every person who owns assets should have,…
It's never a good idea to remove all contingencies from your real estate purchase. Waiving necessary due diligence during the mortgage, appraisal, or inspection process to close may cause long-term consequences. In some states, real estate agents may face litigation for…
As their executor or personal representative, someone chose you because they believed you would be trustworthy to manage their assets and affairs after their passing. Even though the decedent nominated you to be their executor, you will still need to…
Human history has never witnessed a financial period like this. Baby boomers preparing to pass on their legacies through estate plans put America at the brink of the largest ever transfer of wealth. Over the next 25 years, projections estimate 68.4 trillion…