SOMEONE IS CLAIMING OWNERSHIP OF MY REAL ESTATE PROPERTY. DOES THIS AFFECT ME, AND WHAT SHOULD I DO? As a property owner, one of the initial steps to take when purchasing a piece of real estate is to review the Read More….
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Andrew Szocka, P.C.
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QUIET TITLE ACTIONS TO RESOLVE PROPERTY TITLE ISSUES
QUIET TITLE ACTIONS TO RESOLVE PROPERTY TITLE ISSUES The act of quieting title on real property can produce clear and marketable title if a property’s title has a title defect, also known as a “cloud.” Title defects are called clouds Read More….
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Probate Estate What’s The Point Of An Inventory
Probate Estate What’s The Point Of An Inventory When it falls to a family member, friend, or trusted confidant to take on the role of executor, it comes with a lot of responsibility. You are accepting the duty of faithfully Read More….
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POWERS OF ATTORNEY AND A LIVING WILL? WHAT ARE THOSE THAT AND WHAT DO THEY DO FOR ME?
POWERS OF ATTORNEY AND A LIVING WILL? WHAT ARE THOSE THAT AND WHAT DO THEY DO FOR ME? When people hear the word “will” tossed around, they assume that you are referring to the document that one creates for after Read More….
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EXECUTOR VS TRUSTEE, WHO REALLY HAS THE POWER?
EXECUTOR VS TRUSTEE, WHO REALLY HAS THE POWER? When administering one’s property after death, it is very important to know your designations and roles in the administration. Often, a person will create two separate documents to deal with their estate: Read More….
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What Is An Equitable Lien? Could It Help Me Collect on My Mortgage?
What Is An Equitable Lien? Could It Help Me Collect on My Mortgage? In the legal system, having a document or a contract is how you display to the world, what was agreed to and what was supposed to happen. Read More….
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Knowing the difference between Co-Trustee/Executor and a Successor Trustee/Executor
Knowing the difference between Co-Trustee/Executor and a Successor Trustee/Executor When setting up your trust or your will, you will need to decide who will be the person in charge of administering your estate. Most often people choose their children to Read More….
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EQUITABLE MORTGAGE FORECLOSURE
EQUITABLE MORTGAGE FORECLOSURE As a lender, you know that when you issue a mortgage to a debtor, they are expected to make monthly payments, and in the event they don’t, they can be found in default. When the debtor is Read More….
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Can I have Multiple Trusts and Would I Even Want To?
Can I have Multiple Trusts and Would I Even Want To? When a person creates a trust, they are creating a legal entity to hold their property and to be able to administer it upon their death. When this legal Read More….
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If I Own Real Estate in Other States is a Will Good Enough to Ensure My Real Estate Is Administered Correctly?
If I Own Real Estate in Other States is a Will Good Enough to Ensure My Real Estate Is Administered Correctly? Many people, especially today, are the owners of multiple real estate properties. Some may own these properties for investment/rental Read More….
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INTERPLEADER CASES
INTERPLEADER CASES An interpleader case is not a traditional dispute between a plaintiff and defendants. Rather, its purpose is to determine the defendants’ rights to something of value, often a monetary fund, that plaintiff is holding but does not claim. Read More….
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IF I HAVE A WILL AND THEN CREATE A TRUST, WHAT HAPPENS TO MY WILL?
IF I HAVE A WILL AND THEN CREATE A TRUST, WHAT HAPPENS TO MY WILL? When it comes to estate planning, there are two major paths to establishing your wishes for your estate after your passing: a will or a Read More….
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What Needs to be in my Will/Trust?
What Needs to be in my Will/Trust? As we grow, our list of assets often grows with it. We will obtain many things in our lives that range in value, with some items being of immense financial value and others Read More….
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Why You Should Not Share Accounts And Instead Have A Trust
Why You Should Not Share Accounts And Instead Have A Trust Many people, when they start advancing in age, rightfully come to the realization that they need to take control of the distribution of their assets and make steps to Read More….
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Special Needs Trust: When is a Special Needs Trust Needed?
Special Needs Trust: When is a Special Needs Trust Needed? When a person creates a trust, the most important goal is to ensure that the trust provides the greatest benefit to the people for the assets that are left behind. Read More….
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My Loved One Just Passed Away. What do I do Now?
My Loved One Just Passed Away. What do I do Now? While the title of this blog is a question no one ever wants to have to ask, there will come a time in all of our lives where we Read More….
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