Eastern Title and Settlement on LinkedIn: #easterntitleandsettlement #easterntitle #googlereview #settlementagent… (2024)

We spend a lot of time with our clients explaining why specific bequests of residences are ill advised. Our clients are good listeners and trust our advice. We represent executors and beneficiaries in litigation where we earn far more in fees trying to untangle such gifts which occur due to self help or poor planning by lawyers, which often wind up in disputes among parties, than we ever earn putting together good plans. Our goal in planning is to avoid such litigation. Our documents, thus far, have never wound up in litigation. Tell your clients no, it’s hard to do but it’s usually the right answer when they ask whether to gift their home or homes outright to one or more beneficiaries.

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Homeowners came to believe that the "American Dream" includes not only buying a house but also passing that same home on to their children. Houses make for horrible wealth transfer vehicles that can cause financial burdens and family disputes. We explore the reasons why this is a risky planning strategy in today's post. Work closely with your estate planning attorney to decide how best to manage the family home. We can help!#estateplanning #texastrustlaw #realproperty #familyhome #beneficiaries

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Homeowners came to believe that the "American Dream" includes not only buying a house but also passing that same home on to their children. Houses make for horrible wealth transfer vehicles that can cause financial burdens and family disputes. We explore the reasons why this is a risky planning strategy in today's post. Work closely with your estate planning attorney to decide how best to manage the family home. We can help!#estateplanning #texastrustlaw #realproperty #familyhome #beneficiaries

The most effective way to plan your estate keeping everything private and you in control.

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Safeguard Your #Legacy: Steps to Prevent Family Feuds Over Property 🏠⚖️This Straits Times article on preventing property disputes among relatives unveils a common yet painful issue: how easily families can be torn apart over #inheritance. 😞 Without clear estate planning, #property can become a battleground. ⚔️ Adding a child's name to property titles for convenience often leads to confusion and legal battles. ⚖️Here's my take with reference to the anecdote I encountered:1. Draft a #Will 📜: Ensure your intentions are legally documented. This step is crucial for making your wishes clear and legally binding.2. Communicate Clearly 🗣️: Discuss your plans openly with family members. Clear communication can prevent misunderstandings and ensure everyone is on the same page.3. Consult Professionals 👨⚖️: Seek advice from estate planners and lawyers to navigate complexities. Professional guidance can help you understand the legal implications and make informed decisions.4. Update Regularly 🔄: Keep your estate plans current with family dynamics and changes in laws. Regular updates ensure that your plans reflect your current wishes and circ*mstances.5. Create Trusts 🔐: Use trusts to manage and distribute assets smoothly. #Trusts can control how and when your assets are distributed, reducing the potential for disputes.This article is a stark reminder of the need for meticulous planning and open discussions to ensure family harmony and the smooth transition of #wealth. 🌟 Taking these steps can help safeguard your legacy and prevent emotional and financial turmoil for your loved ones. ❤️By confronting these issues head-on, you can ensure clarity and harmony in the inevitable transition of wealth and property, preserving family unity for future generations. 🌟💔#estateplanning #wealthmanagement #wealthaccumulator #mwm #legacyplanning #familywealthhttps://lnkd.in/g6nA4qMd

Family protection through geberational wealth building often starts here. Do not wait. we are here to help you. DRE#02049327 with Century 21 affiliated at npeople@roadrunner.com.

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I heard a terrible story about a grandson who conned his grandparents into giving him power of attorney, which he used to take equity out of the hosue and fund trips to Las Vegas and all kinds of other things, only to eventually sell the house out from under them!Apparently this took place back in 2018 and some kind people set up a go fund me for the couple, who ended up getting about $120,000.We had somone come our way who's grandmother was duped in the same way by one of her daughters. Luckily we know a lawyer or two who are trying to help with the situation.Elder abuse is real folks, it's our job to keep an open eye and report anything we see!#elderabuse #SeniorLiving #RetirementCommunity #SeniorCommunity #AssistedLiving #IndependentLiving #ActiveRetirement #GoldenYears #AgingInPlace #ElderCare #SeniorLifestyle #SeniorWellness #RetirementLiving #SeniorHousing #RetirementHome #SeniorCare #AgingGracefully #SeniorActivities #SeniorSocializing #SeniorFitness #realestate #mortgage #mortgagelender #realestateexperts #realestatebroker #loanbroker #mortgagebrokers #mortgagebroker #investor #investors #realestateinvesting #realestateinvestors

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𝗖𝗮𝗻 𝗮 𝗖𝗿𝗲𝗱𝗶𝘁 𝗖𝗮𝗿𝗱 𝗧𝗮𝗸𝗲 𝘁𝗵𝗲 𝗛𝗼𝘂𝘀𝗲 𝗶𝗳 𝗜'𝗺 𝗣𝗮𝘆𝗶𝗻𝗴 𝘁𝗵𝗲 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲?.www.zammittilaw.comhttps://lnkd.in/g35TU2CQ..This video is intended for educational purposes only and does not create an attorney-client relationship.#estateplanning #attorney #lawyer #lawyersofinstagram #estateplanninglawyer #estateplanningattorney #lawfirm #yourplanningattorney #estate #estates #estateplan #nyattorney #nylawyer #njattorney #njlawyer #probate #wills #trusts #kids #parents #family #generationalwealth #elderlaw #assetprotection #familyprotection

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How to transfer home ownership after the death of a spouse. #EstatePlanning #PropertyTransfer #InheritanceLaw #SpousalInheritance #revocablelivingtrusthttps://lnkd.in/ergGcvCv

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What will your family do if you can't earn an income? Here are steps you can take today.