In estate planning, most people think about the fate of their assets. You may have a will or a trust that protects your property. Still, there is a way to care for yourself and your interests while alive. A living will can voice your wishes if you ever face a...
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Condo resale certificates: What you need to know as a seller
As you prepare to let go of your condo unit, it is crucial to know that you have a duty to provide potential buyers with a clear understanding of the property. This includes disclosing every information related to the unit that you are selling. However, one critical...
Watch out for these appraisal fraud tactics
When planning to purchase a property, you have every right to worry about real estate appraisal fraud. This is a serious issue that can cost homebuyers thousands of dollars. Knowing whether an appraisal is fake early on could spare you financial losses and potential...
What happens to debt when a person dies?
When a person dies, the debts they have incurred don’t just disappear. Instead, they’re handled by the person’s estate. If the estate isn’t insolvent, the debts will typically be paid by assets within the estate. Paying a decedent’s debts is a part of the probate...
How to avoid surprise closing costs in your condo purchase
Buying a home is a big milestone for everyone. If you are a first-time homebuyer, it is important to know that your excitement to finally purchase your dream home should not cloud your decision-making. Conducting a thorough review of all documents and contracts...
2 major benefits of having a will
Creating a will is one of the most important steps you can take to protect your loved ones. If you live in Florida and haven’t yet made a will, it’s time to consider the benefits. A will can save money and make the probate process more manageable for those you leave...
Breaking up property disputes
When business partners, heirs, or a divorced couple own property together, disagreements over its management or sale can arise. Some disputes can escalate to the point where court intervention is needed. In Florida, a partition action is one way to resolve these...
How often should you update your estate plan?
Creating an estate plan is not a one-and-done deal. In fact, it is the beginning of a process—a process that will be much easier if you involve your estate planning attorneys. Many begin their estate planning when they marry or have children, others when they begin...
New condo laws to take effect after horrific Surfside collapse
The state of Florida passed a new law last month after the horrific collapse of Champlain Towers South in Surfside, Florida, three years ago. After extensive consultation with lawmakers, Florida has made the following changes in its real estate laws. Key changes Most...
Top reasons to consider legal action against your HOA
When you move into your condominium or housing development, you receive a dense document known as "Covenants, Conditions, and Restrictions" (CC&Rs). These rules are set by your Homeowners' Association (HOA). The purpose of these rules is to maintain community...