Foreclosure is a legal process used by banks to take possession of a home on which the owner has defaulted on the payments. Banks often sell foreclosed homes in order to recoup as much of the outstanding balance owed on the home as possible. Some banks are willing to sell foreclosed homes at a loss,
Actor, Director, Race Car Driver and Philanthropist Paul Newman died on September 26, 2008. His Last Will and Testament and First Codicil were signed only a few months before his death. A summary of what the will and codicil say can be found here.
A last will and testament is also known as a will. It is a legal document a person makes that gives instructions as to how he want his personal property distributed. In the document, a person names someone to handle his financial and legal matters and can also name who he wants as a legal guardian t
We are big proponents of the Revocable Living Trust at our law firm. This is the same whether I am preparing the documents for clients or it is an online living trust. There are two main drawbacks however. First is the cost. If you have an attorney prepare a revocable trust for you expect to pay tho
Asset protection should be a primary focus of your estate plan.Find out whether an Asset Protection Trust can protect your assets from creditors.
An omnibus hearing is a court proceeding held before a criminal trial. The prosecuting attorney and the defendant, unless he waives his right to appear, must appear before a judge to address outstanding issues before trial.
A rhombus is a four-sided shape where all of the sides are of equal length. Depending on the skew of the interior angles, rhombi are sometimes called rectangles or diamonds. Like other quadrilaterals, you can use stable formulas to calculate the properties of rhombi such as tilt, size and area if th
Probate. It's a term not many will be familiar with but it's one that could be incredibly important. Basically, when someone dies, their estate, their belongings, their legal property, their money has to be dealt with.
Wash sales occur when a person sells a stock for a loss and then buys identical stock either 30 days before the loss sale or 30 days after the loss sale. Form 1040 Schedule D allows a person to report capital gains and losses to the Internal Revenue Service. Taxpayers must properly fill out Form 104
The Oracle Business Intelligence Suite Enterprise Edition, or OBIEE, lets database administrators and programmers create functions, which process data and return a value to the user. Functions in Oracle use the PL/SQL language. You use functions when you have a procedure that you need to run multipl
There are simple and publicly accessible ways to find out who owns a certain house. Once you know where to look for the information, the process is usually simply a matter of accessing public records.
Juvenile delinquency often results in truancy, teen pregnancy, substance abuse or jail. When juveniles get in trouble and are put into a detention center, their family and friends may find it difficult to accept the circumstances. Family members may not want the juvenile to come into their home afte
An automotive accident is always a stressful situation. When the accident in question involves a truck fatality, it becomes even more important to gather all of the appropriate information at the scene of the accident. It becomes much harder to gather information after the fact, so a detailed report
Sometimes, veterans or their immediate family members need to provide proof of a service member's discharge status in order to secure employment, loans or benefits. Both groups can request official copies of military records through the National Archives.
Learn all about Julie's About.com Wills & Estate Planning Newsletter, and view a copy of the November 17, 2014 issue here.
There is a game that most of us have played before, whether around the campfire or in some other setting: "Telephone." In this game, you tell a story to the first person who repeats it to the next, and so on, until the story makes it around the circle. It's fascinating how the story c
Planning the distribution of your estate can be difficult, especially if you have young children at home. There are several laws that govern estates in Illinois. If you plan to leave any portion of your estate to your minor children, you should be aware of the laws concerning the estate holdings of
You've been asked by the boss to start a fundraising effort for the local charity. Or maybe your son has expressed an interest in helping those less fortunate, and you'd like to contribute some of your knowledge and experience. Worldwide charity organizations have gotten fundraising down to a scienc
A deed indicates ownership of land, not the home on that land. Whatever you choose to build on your land is then owned by you. You will receive a deed if you own the property on which your mobile home sits. You will not receive a deed if you rent a mobile home.
Montana, like all other states, did collect a state estate tax prior to January 1, 2005. Learn why things changed on this date and if it is possible for the Montana estate tax to come back.