Typically, a commercial real estate purchase agreement is more complex than purchasing a personal residence. The legal contract defines aspects such as ownership rights, both parties’ financing options, and other critical details to be outlined in all terms for payment,…
Conservatorships are legal guardianships of adults in which someone is empowered to make decisions and act on behalf of the individual. The conservator is the person(s) with the power to make decisions, and the conservatee is the adult who needs…
It is important to review some of the major disqualifiers before applying for federal Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI). Eligible individuals can benefit from both programs though they have distinct differences. The major difference is…
The loss of a close relative is one of life’s most emotionally stressful events, in addition to dealing with the deceased’s estate. This part can be especially overwhelming. The process of proving to a probate court that the deceased’s last…
If you are planning for the future, both financially and in terms of health care needs, you may wonder what estate planning and elder law involve. Estate planning and elder law also have some similarities. Even though these two types…
Coronavirus has caused numerous waves among us, and we are ready to be done with it. Unfortunately, the possibility of contracting COVID-19 remains a reality. Last year, the Biden Administration put in place the National COVID-19 Preparedness Plan to establish four key…
Due to the COVID-19 pandemic, Americans are more aware than ever of the importance of having a will, a living will, and perhaps even a living trust. Still, this knowledge is not translating into estate planning action. No matter your…
The purpose of a living will is not to pass on your assets and property after you pass away. Instead, it is a mechanism to communicate to your family and doctors how you want medical care conducted when you aren’t…
It is a fact of life in most families that siblings will compete at some point. Old rivalries can resurface when a parent passes away, depending on the dynamic between the siblings. Adult children who are emotionally upset and in…
It is likely that you have questions about how and who should distribute your assets, regardless of where you are in the estate planning process. A trust can be a great tool in your estate planning tool kit. A properly…