by Denese Espeut-Post | Jun 7, 2012 | Planning, Wills & Estates
It is important for you to make a will when you are capable of doing so. This means that you are in good health and that you are mentally capable. If you are mentally incapable, you are not able to make a will. Mental capacity requires the following: you must...
by Denese Espeut-Post | Jun 7, 2012 | Estate Planning
An important characteristic of joint tenancy is the right of survivorship. With this right, when a joint tenant dies, their interest in the property is extinguished, increasing the holdings of the survivors. On the death of the second to last co-owner, the remaining...
by Denese Espeut-Post | May 25, 2012 | Agreements, Partnerships
A general partnership requires two or more persons working together to carry on business with a view to profit. This structure occurs as a matter of law. You do not need to see a lawyer to create a partnership, but it recommended that you seek legal advice. Many...
by Denese Espeut-Post | Apr 8, 2012 | Planning, Wills & Estates
A Will is a legal document that sets out what should happen with all of your belongings upon your death. It is an important estate planning tool and it allows you to express your wishes for what is done with everything you own upon your death. A properly drafted Will...
by Denese Espeut-Post | Apr 5, 2012 | Estate Planning, Planning, Wills & Estates
You can achieve peace of mind by preparing for life’s unexpected events today. Planning in advance for your death and potential mental incapability will give you some control over what happens to you, your dependents and your property. Most people prefer not to...