Much of the estate planning process centers around making plans should you become incapacitated. While this is certainly something elderly people need to consider, it may also apply to younger adults. Estate planning instruments cover various bases which are as...
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Can you prove that a seller knew about a home defect?
Despite urban legends implying the opposite, the person selling you a house does not have to tell you that they believe there are poltergeists inhabiting the property. However, they do have to tell you about known defects with the property that will affect its value...
Is charitable giving a part of your estate plan?
You drafted a will a year ago and it takes into account your spouse, children and other family members. You’ve even considered your closest friends. The people that matter to you most will be secure, no matter what happens in the future. However, a large part of your...
Give yourself enough time to plan the right commercial lease
As a landlord, you should be informed about the laws that apply to commercial leasing. You should be prepared for the time it will take to move in tenants and for time that may pass without tenants in your building. Not planning for the time it takes to lease out a...
What happens if a vendor breaches a contract with your business?
Whether you run a construction company or operate a personal chef service that provides meals to clients, you are dependent on your vendors for your business to succeed. When someone doesn't deliver supplies you purchased or paid for, when they provide you with the...
Landlords: 3 things to consider when drafting commercial leases
If you are about to rent out one of your commercial properties for the first time, it is essential to understand how to create a contract that will serve you well. Leasing a property can provide a good source of income. Yet, if you fail to have the correct contract in...
3 tips for selecting a financial power of attorney
As someone who has significant assets, it makes sense that you want to do anything you can to pass those on to your heirs. Part of the process of passing on your assets includes finding someone to appoint as your financial power of attorney during life if you need...
