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Lawyers Can Be Held Accountable For Abusing The Judicial System

The legal profession is, at times, rife with attorney misconduct. That misconduct often makes for rather interesting headlines and , as well, generates significant concern by other members of the profession , as well as efforts to regulate that misconduct, by those that regulate the profession. Misbehaving attorneys are accountable , under some circumstances, to [...]

By |November 6th, 2017|Ethics In Litigation|Comments Off on Lawyers Can Be Held Accountable For Abusing The Judicial System

Bank Account Co-Ownership Myths

One confusing aspect of estate planning is the numerous myths about the co-ownership of bank accounts. The different types of bank accounts are often confused with the standard forms of property co-ownership. This article discusses some of the myths about the co-ownership of bank accounts. A Bank Account Is a Contract With the Bank There [...]

By |April 1st, 2016|Newsletters, Trust and Estates|Comments Off on Bank Account Co-Ownership Myths

Basic Vocabulary and Execution

The easiest way to make sure that a person's property is distributed after his death in keeping with his wishes is for him to prepare a will. A will is a legal document that explains where a person wants or does not want his property to go after his death. A will becomes effective upon [...]

By |April 1st, 2016|Newsletters, Trust and Estates|Comments Off on Basic Vocabulary and Execution

Transfer on Death Registration of Securities

TOD or transfer on death registration of securities allows an investor to arrange for transfer of securities upon the investor's death without the necessity of having the securities go through probate. The executor or administrator of an estate does not have to take any action regarding specific securities that have TOD registration or even entire [...]

By |April 1st, 2016|Newsletters, Trust and Estates|Comments Off on Transfer on Death Registration of Securities

What is a Trust?

A trust is simply an alternate way to own assets. If you created a trust, you would be the Grantor of the trust. You would typically also be the Trustee of the trust. As the Trustee, you would manage the assets titled in the name of the trust according to the terms of the trust [...]

By |April 1st, 2016|Newsletters, Trust and Estates|Comments Off on What is a Trust?

A Neighbor’s Barking Dog

John's neighbor, Betsy, loved animals. In particular, Betsy loved dogs. Betsy's dogs barked all day and all night. The noise was terrible. John and Betsy's townhouses were right next to each other. The noise from the dogs just seemed to come right through the walls into John's house. John tried talking to Betsy, but she [...]

By |April 1st, 2016|Newsletters, Real Estate|Comments Off on A Neighbor’s Barking Dog

Disclosures in Residential Real Estate Transactions

One of the biggest decisions in a person's life is the decision to buy real estate. The excitement that is often associated with the purchase of a new home can be overshadowed by disappointment once the newness wears off and defects become apparent. Generally, the rule of "caveat emptor" -- buyer beware -- requires the [...]

By |April 1st, 2016|Newsletters, Real Estate|Comments Off on Disclosures in Residential Real Estate Transactions

Dog Law – Landlord Liability for Tenant’s Dogs

John owned an apartment building. Some of his tenants had pets, including dogs. Jake, one of John's tenants, had a friendly little dog. One day, however, Jake's little dog bit a construction contractor hired by John. The injury wasn't serious, but the construction contractor required some medical treatment. Can John be held liable? In residential [...]

By |April 1st, 2016|Newsletters, Real Estate|Comments Off on Dog Law – Landlord Liability for Tenant’s Dogs

Fences – Livestock

Jack decided to pursue his dream of owning a ranch. It was Jack's plan to raise cattle for profit. Jack found some farmland in Montana that he thought would work out well. The land was undeveloped and had no fence around its boundary. Jack wondered whether he would be required to erect a fence. The [...]

By |April 1st, 2016|Newsletters, Real Estate|Comments Off on Fences – Livestock

Wrap-Around Mortgages

A wrap-around mortgage refers to a type of loan transaction. With a wrap-around mortgage, a lender (often the seller of property) assumes or continues responsibility for an existing mortgage and makes a new mortgage for an additional sum which essentially "wraps" around the old mortgage, because the lender will make the payments on the old [...]

By |April 1st, 2016|Newsletters, Real Estate|Comments Off on Wrap-Around Mortgages