Frequently Asked Questions

Real Estate FAQ

Provides the home buyer the opportunity to inspect any potential issues and assess if they want to take the risk.

The contract terms will outline when you can move in after closing, however in most cases it will be immediately after the closing appointment. You will receive the keys and head straight to your new home.

A warranty deed provides an assurance to the buyer that the seller has good and clear title to the property. A quitclaim deed, on the other hand, makes no such assurances. A quitclaim deed is a deed that transfers the property without guarantees to the title and it merely states that the guarantor/ seller is only transferring their ownership rights.

Searches for property listings that fit your needs, accompany clients to property site, discuss conditions of sale and home, and draw up real estate contracts. They are your advocates.

The buyer, seller etc. along with their respective agents and closing attorney meet to finalize the property transaction. Documents are reviewed and signed, including but not limited to the Deed and closing statement, closing costs are settled, and the ownership of the property is officially transferred from the seller to the buyer, keys to property are officially handed over to the new buyer.

Estate Planning FAQ

A person’s Estate is made of anything they own or are entitled to. This includes real and personal property, bank accounts, retirement accounts, investment accounts, life insurance policies, etc. The estate planning process involves taking an inventory of your assets and discussing asset protection and distribution options for your chosen beneficiaries. It also includes making decisions regarding your care and who will assist you with things should you become incapacitated in the future. The documents included in an estate plan generally include a Last Will and Testament, a Trust, financial and medical Powers of Attorney, Guardianship Designations, End of Life Wishes, and Final Disposition Instructions.

Choosing between a Will and a Trust depends on various factors and personal preferences. A Last Will and Testament take effect after your passing. This document is filed in the Probate Court in the City/Town that you resided in upon your passing. Probate is established if you pass away owning assets in your name alone without a living joint owner or a living beneficiary. Trusts are typically established and take effect during your lifetime. If properly funded a Trust will avoid Probate for your assets. Trusts can help minimize estate taxes, as well as provide creditor sheltering benefits for your beneficiaries. When deciding between the two, an attorney will assist in assessing your property, investments, pensions, and other assets to determine which option best aligns with your priorities.

When someone dies without a will, they are called “intestate”, and the government, through the Court, will handle the distribution of their assets through statutes that determine which relatives inherit a person’s property. Depending on whom you wish to inherit your belongings, the state statutes could elect someone who you no longer have a relationship with to receive your inheritance. If you have minor children, the Court will also decide who should take care of them as a Guardian. The only way to ensure your assets are distributed according to your wishes and that your minor children are in the hands of your selected Guardian is to plan your estate in advance.

It's usually advised to have a will, a healthcare power of attorney, and a financial power of attorney. While these documents offer good coverage in many cases, every situation is different. To ensure your estate is properly protected and tailored to your specific needs and assets, it's best to talk to an estate planning lawyer.

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