Homeownership is a big investment, and homeowners’ associations (HOAs) help protect the people who buy in to their communities. The HOA sets standards for the community. By limiting how much of a nuisance one homeowner or their tenant can be and establishing clear...
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Month: August 2018
Why should you do due diligence before a business purchase?
People who are considering purchasing a company need to ensure that they know exactly what they’re getting. The only way to do this is to do your due diligence before you make the purchase. This is a very involved task, so you should ensure that you’re up for it. Some...
Can you prevent your children from challenging your last wishes?
Siblings can fight over almost anything. You may have witnessed your children screaming over who got to use a certain color towel at the pool or fighting tooth-and-nail over the last donut as children. They may still fight like that as adults. The more contentious a...
What should you do if an employee steals company data?
Most of your employees likely have at least some access to your company networks. This puts you in a difficult position, because while their access may be minimal, they still have the opportunity to steal company data. It’s a good idea for you to take steps to protect...
Accused of discriminating? A HOA has to be cautious
As a homeowner’s association (HOA), one thing that you have to be cautious of is making any decisions that violate the Fair Housing Act. The Fair Housing Act directly prohibits discrimination by those who provide housing, such as homeowners’ insurance companies,...
5 estate planning errors to avoid
Over the next 25 years, one of the largest wealth transfers in U.S. history is set to take place as nearly $68 trillion is forecast to be given to future generations. The enormity of this amount promises unique opportunities for beneficiaries, especially for estates...
Should you buy or start a business?
If you want to be a business owner, you have two basic options: Start your own company or buy one that already exists. What should you do? Advantages of buying an existing business The major advance of buying a company is that everything is already in place. You have...
Dealing with “that guy” in the neighborhood: Tips for HOAs
Homeowners associations exist for a reason. They are one of the primary ways that people can protect their lifestyles and the investments they have in their homes. however, not everybody loves them. Even though everybody who lives in the community agreed to the HOA'’s...
Establish these documents if you’re estate planning in your 40s
In your 40s, you may start to think about how you want to move forward in your life as well as how you want others to be able to carry on if you pass away. While you’re still young, now is a time when you may have the most to protect, like your spouse or partner,...
Do You Need A Lawyer For Buying Property?
Buying a home or other piece of property is one of the largest and most significant investments a person can make. Many people do not realize this and do not understand how the law is intertwined with these types of transactions. Legal issues are not uncommon during...