When an adult dies, any property they own typically becomes the property of their estate. Their estate must pass through probate court in most cases before the personal representative of the estate can distribute assets to beneficiaries. During probate court...
Business sale and purchase transactions are incredibly complex. People who acquire or start a business may eventually want to sell the company as they prepare to retire or move on to a different opportunity. Selling a business to a competitor or an outside investor...
Estate planning is a way for people to leave legacies when they die. It is also a way for them to take care of their dependents. Many estate plans prioritize human family members, such as minor children or loved ones with special needs. Other people may need to have...
Real estate is a valuable investment. Many married couples purchase homes where they live together, and others may buy property as a source of income. Either they buy distressed properties for low prices and repair them to sell them at a profit or they rent homes out...
Anyone who experiences a divorce knows it is tough. Emotions run high, and there is a lot at stake. It is a time when you have to make decisions that can have a lasting impact on your life and the lives of your family members. For that reason, you should try to avoid...
Estate planning often begins when an adult is relatively young. Professional success, marriage or the birth of a child can inspire individuals to establish estate plans. The documents that they draft can help provide them with peace of mind and extend important...
A merger involves two businesses combining their operations to create one larger business. A successful manufacturer might plan a merger with a major parts supplier, for example. Two companies that compete may decide to join forces to dominate the local market....
Locations can make or break a business. Therefore, acquiring real estate can be a key consideration when starting or developing a business. Choosing an area with a lot of foot traffic for a retail shop or a facility with plenty of parking and easy access for an...
Large, established organizations often include requirements for succession planning in certain employment contracts. Executives, company officers and managers may need to create an in-depth succession plan within a certain amount of time after accepting their...
Car crashes can be quite expensive. They can cause severe damage to vehicles that render them unsafe for use. They can also put people in the hospital with injuries ranging from limb loss to brain injuries. Dealing with the aftermath of a collision often forces...
