As if being foreclosed upon isn’t traumatic and stressful enough, that anxiety is unnecessarily compounded exponentially when the foreclosing lender mishandles the very sensitive transition when the borrower must eventually vacate the property. Unfortunately, that is...
In today's challenging economy, joint ventures (meaning any kind of business with two or more principals) are being put to the test more than ever. Here’s a recent success story that may give you hope and a few ideas for you or somebody you know who may be dealing...
This is important and time-sensitive. There are certain estate and tax planning strategies that can save you money, but you have to act now. Some of them have a December 31 deadline. My partner, Michelle, who is certified as a Specialist in Estate Planning, Trust...
Your home should be your oasis—the place where you can escape the stress and challenges of the rest of the world. But what happens when you’ve got a problem with your neighbor? Often those disputes can escalate to Hatfield v. McCoy proportions, costing you tens, or...
We're getting lots of great real-world asset protection lessons lately ripped straight from the headlines. Yet another one came out yesterday. It drives home many crucial lessons that frequent readers of this bLAWg will recognize from my past posts, yet they...
With the lingering depressed housing market, one of the most common requests we get from investors is to help them deal with the enormous, often life-changing, burden of a property that is worth far less than the debt against it. To give those of you in this...
Yesterday’s “Today Show” featured a video taking you inside the house where Michael Jackson lived at the time of his tragic death. The grim tour was led by the company that will be auctioning off the 600 items of furnishings and personal property that Jackson left...
If you own a single-member limited liability company (“SMLLC”) and live in a community property state, recent developments now make it prudent for you to seriously consider adding at least one more member to your LLC (with an appropriate change in your Operating...
About 15 minutes into her latest public television program, "The Money Class", Suze Orman advises that if you have a home equity line of credit (HELOC) and you do a short sale, you have a big problem. She explains the HELOC is recourse and that even if you do a short...
Jeff appeared on the radio program "Best of Investing" last Saturday and discussed the important, timely topic of how to save your commercial property from foreclosure. If you own commercial real estate, you may be encountering serious challenges right now. Odds are...
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