What Is a Lady Bird Deed?
Estate planning can be a complex task, especially when transferring property to your heirs. One option to consider is a Lady Bird deed, otherwise known as an enhanced life estate deed. It allows a property owner to retain control of their property during their lifetime and then transfer it to one or more people (beneficiaries) […]
When Is Probate Needed?
Probate is the legal process of administering an estate after someone dies. The process includes verifying the validity of the deceased person’s will (if there is one), paying off debts and taxes, and distributing the remaining assets to the rightful heirs or beneficiaries. Probate is necessary to ensure that the deceased person’s assets are distributed […]
The Difference Between LLCs and Corporations
The main difference between an LLC and a Corporation is the legal protection they offer. A corporation can provide limited liability protection which shields members from liability for contracts and debts of the business. An LLC, on the other hand, provides more flexibility and may offer certain tax advantages. It is important to note, however, […]
What Is Pour-Over Will?
Pour-over wills are a special kind of will that assures that the remaining assets of a person will automatically transfer to a trust after their demise. Some grantors make this will to ensure that their assets are not misused after their death or to minimize chances of legal battles between the various beneficiaries, all laying […]
Why Should You Hire a Corporate Lawyer for Your Business?
Are you launching a business or running a company for years? A corporate lawyer can always help you set up and your business anf have a smooth journey as an entrepreneur in many ways. Whenever you face any complications, they can protect you against liability and legal outcomes. Continue reading to learn five great reasons […]
Why is it Important to Have a Closing Attorney
Have you recently taken any action toward buying a new house? If so, you already know that finalizing the deal is your primary objective. A skilled specialist should always handle the closing on your behalf because there are many tasks—large and small—that need to be taken care of. Continue reading to learn more about the […]