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Estate planning is the process of designating who will receive your assets and handle your responsibilities after your death or incapacitation. One goal is to ensure beneficiaries receive assets in a way that minimizes estate tax, gift tax, income tax and other taxes. I don’t have an estate plan; what would happen if I died? […]

What is a Probate Bond? Many courts may require the appointed executor, guardian, administrator, or trustee to get a Probate Bond before they start their duties. A Probate Bond (also known as an Estate Bond or Fiduciary Bond) is a type of court bond that ensures you will fulfill your duties as an appointed individual. […]

You did it! You and your spouse mediated your full divorce agreement. You diligently and cooperatively worked with your mediator and Certified Divorce Financial Analyst (CDFA). The business valuations were analyzed and the tax ramifications of trading a retirement account for a brokerage account or an annuity were understood. You learned more than you ever […]

The possibility of losing your home because you can’t make the mortgage payments can be terrifying. Perhaps you’re having trouble making ends meet because you or a family member lost a job, or you’re having other financial problems. Or maybe you’re one of the many consumers who took out a mortgage that had a fixed […]

A home loan or mortgage modification is a relief plan for homeowners who are having difficulty affording their mortgage payments. Borrowers who qualify for loan modifications often have missed monthly mortgage payments or are at risk of missing a payment. Here’s what you need to know to get a mortgage loan modification and stay in […]

Home foreclosures make fewer headlines now than six to eight years ago when the housing bubble burst. Then, many consumers found themselves owing more on their mortgages than their homes were worth, and short sales were very common. Today, while there are fewer headlines and less talk about them, foreclosures continue. In some cases, it’s […]

What Is a Breach of Contract? A breach of contract is a violation of any of the agreed-upon terms and conditions of a binding contract. The breach could be anything from a late payment to a more serious violation such as the failure to deliver a promised asset. A contract is binding and will hold […]

The major motivation for many of the homeowners who want to choose for a short sale is that their mortgage balance has suddenly become greater than the value of their home. Actually, the homeowners owe more than their homes are worth. Instead of waiting and being forced by the bank for the short sale, these […]

Divorce is a sensitive topic filled with layers of emotions. While it can be challenging to discuss, it’s a reality many Americans may face at some point in their lives. Recent statistics show that the current divorce rate in the US is about 50% of the marriage rate. If a divorce from your spouse is […]

Everyone’s heard the expression “money buys justice.” Don’t believe that wealth should have anything to do with getting a fair outcome in your tax audit. Instead, everyone in an audit deserves to have a lawyer on their side who will defend their rights and get them the possible outcome. It’s for that reason that you […]