The great recession of 2008 can be shown to have been primarily caused by carelessness, greed, and loose underwriting within the residential real estate market. Lawmakers have continued to pass new laws intended to more tightly regulate this necessary but potentially volatile market. Each year a number of new laws are passed for the purpose of limiting imprudent or unethical practices within the market,
2017 was not different than other years in that there were some new real estate laws that are of interest to people who live in their homes and people who rent them.…
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As someone who is concentrating on working hard and accumulating wealth that you can pass on to children, a spouse and other relatives, your death may not be a regular topic of thought. You may have completed a lot of insurance documents and feel confident that nothing further should be done, assuming your relatives will all work together to smooth out financial issues when you die. You might not even imagine probate problems could plague loved ones; to ensure that’s not the case, attention to these pointers could save them legal problems and trouble.…
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Being appointed as the personal representative (or executor) of an estate is an extreme honor, and a big responsibility. You can help yourself get up to speed quickly by learning about some common estate-related documents ahead of time. Read on for a quick look at some commonly used pieces of documentation.
What you will encounter and when
If you understand where these important documents fit into the estate process, it can give you a platform to predict what you will encounter and when you will come into contact with certain documents.…
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