There is no legal obligation by the Maker to show his or her Last Will and Testament to anyone during the life of the Maker of the Will. But after death, the process has some requirements.
What is the Process to Change the Beneficiaries Within a Living Trust?
Generally, a written amendment can be made to a Trust while the Donor(s) are alive to revise the beneficiaries or the distributions to those beneficiaries. But if the Donor(s) have passed away, that option no longer exists.
Can a Landlord Use Photocopies of a Lease to Enforce the Lease Terms?
Whether or not a referenced lease contract is an original document or a photocopy of the original is irrelevant — so long as the photocopy is an unaltered duplicate of the original document.
The ‘contract’ is the document agreed upon and signed by all parties, not the format of the paperwork.
How Do I File as an S-Corporation for My Business During Incorporation?
A person starting a new corporation does NOT file for S-corporation status as the first order of business.
If I Hold a Land Contract and the Owner Wants to Sell, Can I Lose My Interest in the Property?
So long as the buyer under the Land Contract continues to make payments and lives up to the terms of the existing contract, that contract cannot be ignored or invalidated.
What Factors Determine the Awarding of Alimony in No-Fault Divorce?
The respective earnings and earning potential of each spouse is the primary consideration when the Court is determining alimony. But other factors are also used.
Does Standard Legal’s Bankruptcy Software Allow Me to Answer Some Questions and Have the Forms Automatically Generated?
Standard Legal’s Bankruptcy forms are not “generated” all at once after some basic questions are answered — no company could offer such a product for a price of $49.95, as the constant changes in programming, legal requirements and form content could never be managed at that price.
Can a Living Trust Use a Land Contract to Sell Property It Holds?
Yes, a Living Trust can use a land contract to sell a property held in its name. The Land Contract simply needs to be completed correctly for a Trust.
If a Signed Premarital Agreement is in Place and One Spouse Files for Divorce, How is the Prenup Enforced?
The purpose of a Prenuptial Agreement is to make provisions for the retention or division of property upon the filing of a divorce.
The divorce proceeding itself is the only time that the terms of the ‘prenup’ are applied: when the parties separate and a divorce is pending.
If the Deed Holder for the Land Contract Home I Am Purchasing Files Corporate Bankruptcy, Might I Lose the Home?
Financial issues affecting a deed holder and/or his or her personal legal situation is the primary drawback to purchasing real estate using a Land Contract. But in nearly every situation (except fraud!), the law sides with the person who is making payments on the land contract property.