Blog Posts in March, 2014
Posted on Mar 31, 2014 By The Presser Law Firm, P.A.
The Durable Power of Attorney is a legal document that names a person, also known as an agent, to handle financial matters for you. Some states allow you to have a "springing durable power of ...
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Posted on Mar 24, 2014 By The Presser Law Firm, P.A.
Because a living trust is usually a revocable trust, it will not provide protection. If you can revoke your trust, so can your creditors. Titling the home to a living trust can nevertheless be ...
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Posted on Mar 17, 2014 By The Presser Law Firm, P.A.
That strategy is similar to the qualified personal residence trust. You could gift your home – usually to your children – and retain a life estate. Though the life estate can be claimed by ...
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Posted on Mar 10, 2014 By The Presser Law Firm, P.A.
Older people sometimes want to protect their home and lower their estate taxes. A Qualified Personal Residence Trust (QPRT) may be their answer. Here, youtransfer your residence to the trust and ...
Continue reading "I have read that some people title their home to personal residence trusts to save estate taxes and also for protection. How do these trusts work?" »
Posted on Mar 3, 2014 By The Presser Law Firm, P.A.
That's another excellent and common question. You may not be a good candidate for conventional financing, but there are a host of unconventional financing arrangements that can be used to create ...
Continue reading "How feasible is it to get a 90-100 percent loan if you have poor credit, low income or the inability to pay the loan?" »