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What is Estate Planning?

An estate plan is a set of legal documents that spell out how you want all of your assets to be distributed after you die or in the event, you become incapacitated. An estate plan may include a living will, a durable power of attorney, a beneficiary designation form,...
What is estate planning?

What is estate planning?

When you are busy juggling the demands of work and life, the last thing you want to think about is how you want your assets handled once you die or if you become incapacitated. Estate planning is the legal process of establishing your wishes regarding your final...
What Are The Steps in a Foreclosure?

What Are The Steps in a Foreclosure?

Foreclosures are highly regulated and controlled procedures. The basic steps are the same nationally, however, details and timelines may vary from state to state. For example, some states may allow the homeowner a Right of Redemption. Typically reserved for...
Deed in Lieu of Foreclosure

Deed in Lieu of Foreclosure

The Consumer Financial Protection Bureau mentions another option for avoiding foreclosure. In a deed-in-lieu of foreclosure the homeowner and mortgage lender mutually agree to exchange the deed to the home to the lender, who then drops foreclosure proceedings. By...
Options Available to Avoid Foreclosure

Options Available to Avoid Foreclosure

There are many steps homeowners can take and resources they can tap into to prevent a foreclosure situation. Not only does foreclosure mean the loss of the home and relocation, but it also has significantly damaging impacts on credit histories and scores, which can...