Many of our clients own rental properties, and while they can be a good investment, a tenant who can’t or won’t pay rent for months at a time will quickly destroy the value of the investment. This is especially true if the property is not owned free and clear, and the owner is making mortgage … [Read more...] about Taking Back Your Property
We frequently have clients call our office and ask us to prepare a deed to gift their real estate to a family member, often a child. Most of the time, the client tells us they want to do so because “they’re going to get it anyway when I die” or because “I want them to have it in case I go into a … [Read more...] about Gifting of Real Estate- Benefits and Burdens
The attorneys at Skeeters, Bennett, Wilson & Humphrey have, for decades, prepared estate planning documents that put our clients’ affairs in order and provide them peace of mind. In our estate planning consultations, we are frequently asked by clients how they can preserve their estate if they … [Read more...] about LONG-TERM CARE PLANNING? CONSIDER AN ASSET PROTECTION TRUST
We've written about 1031 exchanges before. What if you want the tax deferral of a 1031 exchange without the headache of a replacement property you must manage? After call, wouldn’t it be great if you could get the tax deferral of a 1031 and a passive investment? A 1031 exchange utilizing a … [Read more...] about 1031 Exchanges and Delaware Statutory Trusts- the Basics
Undue Influence is when someone pressures another in such a way that the person being influenced is not acting by their own free will; they are being coerced into taking a certain action. Undue influence often arises when a friend or family member falls ill. For example, mom has been … [Read more...] about What is Undue Influence?
We have all heard the horror stories of someone badly injured in a car wreck by a person with minimal insurance or none at all. As the victim’s medical bills mount, the negligent party’s state minimum insurance policy is quickly exhausted leaving the victim on the hook for the balance. To avoid this … [Read more...] about UNINSURED AND UNDERINSURED MOTORISTS
By: Dustin Humphrey How do you prepare for the future? Do you need a will or a trust? There are so many options these days it can often become overwhelming. Our team at Skeeters, Bennett, Wilson and Humphrey wants to provide you with a basic breakdown between these two common … [Read more...] about WILLS VS. TRUSTS: WHAT IS THE DIFFERENCE?
Most of us have heard of Defamation or Slander or used the words, but people don’t know legal nuances of what these words mean. There are varying types of defamation and slander that differ from one another. Merriam-Webster defines defamation as “the act of communicating false statements about … [Read more...] about Defamation, what is it?
We plan to go on vacation. We plan to have dinner with friends. But when it comes to planning for how we will be taken care of as we advance in age, many of us prefer not to think about it, believing it will somehow all work out. Unfortunately, when it comes to long term care … [Read more...] about The Importance of Planning Ahead