Safeguarding Your Rights And Future In Legal Storms
Estate planning is a living process. It is not meant to be addressed once and then shoved in a drawer once the papers are signed. Estate planning is a process that is meant to be revisited as your life evolves. No matter how seemingly straightforward or staggeringly complex your estate may be, it is important to revisit it with the…
A lender will not approve a mortgage loan without a property appraisal (that the purchaser generally pays for). Lenders like to say that the appraisal protects both lender and homebuyer: The former wants to make sure that it will recoup its investment if the buyer defaults, while the latter wants to know that he will recoup the investment when he…
We are talking about the residential real estate market and brokerage firm Redfin’s predictions for 2016. Please note, Redfin is just one brokerage that does this kind of analysis. RealtyTrac, CoreLogic and many other companies also monitor market trends and publish regular reports. There are usually minor differences in the data, but they tend to agree on general trends. The…
It is hard to imagine shopping for a new house — much less moving — during a Minnesota January. Boots and scarves and down-filled everything can be just too cumbersome and sloppy to deal with to convince most of us to make the rounds of houses for sale. So now seems the perfect time to talk about housing market predictions…
Thousands of families across Minnesota own lake cabins and vacation homes. These properties are the source of many memories. Even when children pass into adulthood, a cabin will still retain significant emotional value, to say nothing of its financial value. Any parent who owns a vacation property must consider many factors when deciding whether to pass on the property or…
People in Hennepin work throughout their entire lives to accumulate assets that they can then pass on to their children. However, at the same time, they may also accumulate debts. If you have been asked to serve as the personal representative or executor of an estate, then you should know what to tell beneficiaries when they ask how the estate’s debts will…