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Pros and Cons of Limited Liability Companies

Posted on : March 16, 2018, By:  George Dillon

When you’re making a big decision, you probably like to consider all available options. You may even make a pros and cons list to help you decide. Like, choosing between two houses you might consider pros like the location, the number of bedrooms or bathrooms, or how close it is to a Starbucks with a […]

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Is My Power of Attorney Durable?

Posted on : March 14, 2018, By:  George Dillon

Something that’s durable is built to last. Strong. Resistant to pressure. Those are some of the qualities you might expect in an important document like a durable general power of attorney. Power on Paper and in Practice. A power of attorney is a legal document where one person (the principal) authorizes another person (the agent) […]

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How Your Estate Plans Change Over the Years

Posted on : March 12, 2018, By:  George Dillon

Our plans at age 18 are very different from our plans at age 30…40…50. Your change, and you’ll focus on different issues as life events happen. So, it makes sense that your estate plans will change over the years. College-Age Estate Plans From about age 18 to around age 22, your goals may be to […]

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Why You May Need a Buy-Sell Agreement

Posted on : March 10, 2018, By:  George Dillon

People who start a business may be invigorated, excited, looking ahead to a bright future. What they usually don’t think about: death, incapacity, disability, and divorce. However, these dire things all may happen, and it can spell big trouble for the business you so carefully nurtured. Whether you’re starting a new business or managing an […]

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Are Season Tickets Inheritable?

Posted on : March 9, 2018, By:  George Dillon

A person’s estate consists of assets they own at the time of their death. Common assets include cash, real property, sports paraphernalia, and jewelry. It can be difficult to characterize some property, though. For example, if you own season tickets for any sports team, passing them on to the next generation can be tricky. Are […]

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An Executor’s Authority Over Real Property

Posted on : March 7, 2018, By:  George Dillon

An executor or personal representative may be named in a Last Will and Testament or appointed by a court if a deceased person did not leave a valid Will. Executor’s gather, secure, and manage assets left by a decedent. An executor’s authority even extends over real property in an estate. As a fiduciary, the executor […]

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Advanced Estate Planning: When a Simple Will Isn’t Enough

Posted on : March 5, 2018, By:  George Dillon

Simple is not always best. Sometimes life is complicated, and your estate planning should reflect that. When a simple Will isn’t enough to handle your estate, advanced estate planning may be in the cards. Back to Basics? Typically, a simple plan includes a: Last Will and Testament, Durable power of attorney, Healthcare power of attorney, […]

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Due Diligence and Your Real Estate Purchase

Posted on : March 3, 2018, By:  George Dillon

Whether you’re buying a minivan or an apartment building, you want to know what you’re getting. The risk, of course, is just much greater when buying something of greater value. That’s where due diligence comes in. Anyone engaged in a deal – like buying real estate – should engage in some serious due diligence. What […]

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