What is Probate? Probate is the process for transferring the assets of a deceased person to those persons or entities that are legally entitled to such assets. It is a court supervised process where a judge determines the beneficiaries of … Continue reading →

When a person buys real property, often a loan is involved. The buyer typically signs a promissory note where he or she agrees to pay back the debt and then secures such obligation with a mortgage pledging the real property … Continue reading →

Homeowners who are unable to make the payments on the mortgage on their home have several options to consider. One such option is trying to sell their home and satisfy the outstanding mortgage. Unfortunately, because home values have substantially declined, … Continue reading →

Homeowners who are unable to make the payments on the mortgage on their home have several options to consider. The purpose of this article is to summarily discuss each of the options. The first option is to seek a modification … Continue reading →

We are often asked by those wanting to start a business whether they should use a corporation or limited liability company format. Typically, the answer is “it depends”. There are many matters that must be considered. The purpose of this … Continue reading →

A revocable living trust (RLT) is a trust that is set up while you are still alive. The benefit to a revocable living trust is that there is no need for the assets within the trust to pass through probate. … Continue reading →

Think of an exit strategy as a way to set your own finish line. It is your goal to succeed without a line to cross, a clock to run out, or a point limit to reach. An exit strategy is … Continue reading →