One of the more common questions I get asked is “Do I need a survey for this transaction?” or “Will my old survey work?” In true lawyer-fashion….the answer depends. It is very important to have a good legal description of the property when performing a title exam. A street address or Tax I.D. number are …
Occasionally, I still run into an old Contract For Deed for clients. In this outdated form of a transaction, the seller and purchaser enter into an agreement or contract stating that the purchaser will make payments over time and once a certain amount is paid the seller will deed the property to the purchaser. I …
The wisdom of making a Will is well settled as sound legal advice, and rightly so. Less talked about, but equally advisable for many people, is the use of gifts during one’s lifetime as a method for estate planning. Apart from the intangible benefits that flow from the fact that, as the saying goes, it …
Bait and Switch ScamIn a variation on the typical “bait-and-switch” scheme, a bank made a promotional offer of a “no annual fee” credit card, then changed the terms mid-year to require such a fee. A credit card holder sued the bank under the federal Truth in Lending Act (TILA). She alleged a violation of the …
Continue reading “Double Trouble- Truth in Lending, Crooked Casino Loses Big”
The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstances. I have handled many sales or purchases of small businesses. Therefore, I …
I am asked quite often “where do you come up with your articles?” or “Do you purchase your articles?” The truth is from my clients. Almost every article I have written came from a question one of my clients asked. It occurred to me long ago that if this person has this question, then someone …
The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstances. One of the greatest fears of older Americans is that they may …
The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstances. I, like many elder law attorneys, spend a large part of my …
