Following the execution of your estate plan documents, the final step of the estate planning process is the orderly transfer of the client’s assets into his or her brand new revocable living trust.
Basement floodings are all-too-common occurrences in the Washington, DC Metro Area and can leave new homeowners scrambling for solutions.
In Washington DC’s red hot real estate market, the pressure on real estate sellers to showcase their real estate has an ugly underside. Increasingly real estate owners faced with the prospect of selling real property with latent defects are attempting to circumvent the seller’s disclosure requirement in a sales contract by using an as-is clause… Read more »
Dividing Property in the District of Columbia – A Brief History of Partition Actions. How to divide property when it is owned by more than one person.
Ideally, an estate plan, including the documents, titling of assets, and beneficiary designations, should be reviewed annually.
In District of Columbia doesn’t your spouse get everything if you pass? One of the most common misconceptions about the District of Columbia inheritance laws that cause people to put off making a will is the assumption their spouse will automatically inherit everything if they pass. In reality, it doesn’t work that way. Who get… Read more »
A living will is written legal document that indicates your desire to withhold or withdraw certain medical care based on your health circumstances. Most states provide that the living will be in a form like the following:
Tips for Surviving the Government Shutdown Washington, D.C. Peter Antonoplos hosts a seminar for government workers to discuss tips for surviving the government shutdown. With no end in sight for the government shutdown, more than 800,000 federal workers nationwide will be without a paycheck this Friday. As Antonoplos put it, “This will be the first… Read more »
DC Real Estate Due Diligence Checklist: 1. Verify address and legal description of property. Property in Washington, D.C. is designated by lot and square. 2. Determine if the state of the title of the acquisition is: fee simple, a leasehold estate, or both. a. If leasehold estate, review carefully to cover assignability, mortgage-ability, non-disturbance for… Read more »
Corporations often undertake a unique characteristic as a business entity – perpetual duration. Unlike joint ventures or partnerships that evaporate once the desired goal is achieved, or when a partner departs from the partnership, a corporation has the potential to outlive all of it’s creators, which presents its own set of benefits and challenges.