Wait, Wait, I Can’t Die — I Don’t Have A Will Yet! (Part Two)

(This is the second installment in a two-part series discussing the use of simple wills.) If you have ultimately decided that you want to have a will, your next step is to make an appointment with an estate planning attorney to help you design an estate plan that is suitable for your needs and circumstances. But, before you reach for the phone to make that call, a little planning of your own will make the meeting more efficient (and probably less costly). A Little More Conversation Having a frank discussion with your spouse about your overall estate planning objectives is a good idea. Spouses needn’t be in agreement on everything because each spouse can make different provisions in his or her separate will. However, having some basic understanding and agreement on the major concepts will make the job easier for all concerned. Some fundamental questions should be considered before meeting

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Wait, Wait, I Can’t Die — I Don’t Have A Will Yet! (Part One)

This is the first of a two-part series on the use of wills. Have you awakened during the night and worried about the fact that you don’t have a will yet? If so, you are not alone. A study conducted a few years ago found that 55% of all adult Americans do not have a will. Apparently, misery still loves company. Do I Really Need A Will? Why do you even need to have a will? Contrary to what many people believe — that, if you don’t have a will, your property will automatically be transferred (“escheat”) at your death to the State (what sounds like it would probably be a good idea right now to help balance California’s upside down budget) — in most cases, your property will simply be transferred to your family members. But, it may not be the family members that you want to benefit from

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Can A Real Estate Agent Really Be Required To Disclose More Than What He or She Knows?

At some point in time, most of us have purchased a residence or some other piece of real estate and have used the services of a real estate agent or broker in the transaction. (For the sake of convenience, I will collectively refer to agents and brokers as “agents”.) Real estate agents play a vital role in the real estate industry as they interface between sellers and buyers. Among other things, they assist sellers in making a home attractive for potential buyers and they offer their expertise in helping a seller determine an appropriate listing price. They also assist buyers in determining what the buyer really needs in a residence and what the buyer can realistically afford. The Agent’s Duty To Disclose One of the most important services that an agent can provide to a buyer, and particularly an inexperienced one, is to assist the buyer in evaluating a property’s

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You Have The Right To Remain Silent – And You Probably Should

It’s a Tuesday morning, you’ve had your cup of coffee and are on your way to work, and, through no fault of your own, you are involved in an automobile accident. As your car comes to a rest, you are most likely confused, perhaps a bit dazed, and the adrenaline surge has left you just as quickly as it arrived. Other motorists have begun to stop and ask you if you are alright. And, within a brief period of time, the police arrive to investigate the crash. Right now, at perhaps the worst possible moment for you, your right to pursue a personal injury claim for the injuries you have sustained could be in serious danger. You are about to be put through a series of different people questioning you about the collision and the injuries which you may have suffered, whether it is the other driver, other motorists who

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Disclaimer

This blog contains legal information of a general nature which is intended for educational, research, and entertainment purposes only. It is not intended to be, nor should it be, used as a substitute for professional legal advice. Each legal case is unique and a lawyer should be consulted for advice specific to your particular case.