Owning Property As Joint Tenants vs. Tenants In Common

Posted in: Real Estate- Apr 12, 2018 Comments Off on Owning Property As Joint Tenants vs. Tenants In Common

Do you and your spouse own your own home? You’ll want to know if you own it as “joint tenants” or “tenants in common.” That’s because how you own your home affects what will happen to your share after you die. And if you have children, the differences between the two ownership types are important. […]

Buying Property With Friends? Nail Down Your Deal First

Posted in: Real Estate- Apr 11, 2018 Comments Off on Buying Property With Friends? Nail Down Your Deal First

Say you’re friends with another couple. Both families like to go to the lake in the summer. You find some lakefront property you both like, so you decide to buy it together. Best nail down first how your joint ownership set-up will work – a recent case shows why. Jim and Sue (names changed) were […]

Why You Need An Enduring Power Of Attorney

Posted in: Real Estate- Nov 02, 2015 Comments Off on Why You Need An Enduring Power Of Attorney

By the time you reach late middle age, you are at higher risk of strokes, dementia, Alzheimer’s and other incapacitating illnesses. These sad events can occur quite suddenly, out of the blue. If something like this happens to you, questions may arise about whether you’re still mentally fit to put paperwork in place authorizing others […]

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