If you're in the process of a divorce and you have a marital home that needs to be dealt with, take steps to avoid costly mistakes. The transfer of the marital home can be one of the most difficult aspects of a divorce settlement. Here are four steps you need to take if you have a marital home that will need to be transferred.
Work with Your Attorney
If you own a home and you were planning to handle the divorce on your own, you need to rethink that decision.
Are you a business owner? If so, you may not have realized that you are making some mistakes with your business practices, especially if you have been in business for many years and never had a legal dispute. Unfortunately, some business owners find out the hard way that their actions can put them at risk of being sued. Just because no one has filed a lawsuit against you thus far does not mean no one ever will.
If you possess land owned by someone else, then you may acquire a valid (legal) title of the land under some conditions. This is known as adverse possession in real estate law. Here are five conditions that you must meet to claim adverse possession of a piece of real estate property:
The first requirement is that you must have actual possession of the land. This usually means you are actually occupying or treating the land as if you are its rightful owner.
Wills are one of the simplest and most common legally documents that nearly everyone can create. Unfortunately, while nearly everyone can create one, few people can do it right without the assistance of an attorney, and this leads to many estates being contested in probate each year. Here are some of the most common mistakes to avoid.
Violating the Rule Against Perpetuities
The rule against perpetuities is an old legal doctrine so complex that few lawyers that don't regularly handle cases involving it don't even fully understand it.
Real estate deals are the largest transactions most individuals engage in. While most go smoothly, getting caught up in a scam could cause you to lose your life savings and spend years in court trying to recover. When considering a real estate deal, know how to spot and avoid these common scams.
Most people are aware that real estate brokers sometimes come up with new, creative names for traditionally less desirable neighborhoods.