Incorporating Medicaid Planning Into Your Estate Plan
At M&A Law, we know most people put off estate planning for a number of reasons. Sometimes people simply do not want to face the reality that they will die or could, at some point, become disabled. Other times people find estate planning to be too complicated a process. Often, it just...
Ensure Your Estate Plan Protects You From Elder Abuse.
What’s the Difference Between Power of Attorney and Guardianship?
Having Kids Later in Life? Here’s What You Should Consider When Planning Your Estate
Providing for a Fiscally Irresponsible Heir
You’ve spent your life working hard and making good investments. Now that you have wealth, you want to make sure your family is taken care of. There’s just one problem: you just know that an heir you love dearly will squander your money. Rather than cut them out of your will, you should...
What Happens When a Creditor Forecloses on Your Property?
We’ve all heard the phrase “foreclosure,” but do you know what it means, what it involves, and when it is triggered? Many homeowners do not, as they figure it will never happen to them. While there are encouraging signs about a growing economy, we are still not out of the woods when it...
What Does it Mean if There is a Covenant on My Land?
When most people purchase property, they expect that they will be able to do whatever they want with the property. However, many people are surprised when they learn that the property they intend to purchase comes with something called a “covenant.” What is a covenant and what does it mean for you if...
Buying a Property with a Pre-Existing Mortgage? Understand Your Options!
A large number of home sales in the United States are financed by mortgages, and when these homes go back onto the market many of them are still mortgaged. Home buyers are frequently presented with the option to “assume” the mortgage or buy the property “subject to” the mortgage. Understanding the difference is...
I Want to Leave a Piece of Property to Multiple People. What Do I Need to Know?
During the estate planning process, many people decide they several people to benefit from the same piece of property, whether it is land, a house, or anything else. Sometimes this is because they have limited assets, and other times it is because they simply do not want to leave any of their intended...