Posted on: January 18, 2021 | By: David Parker, Esq.
Everything each spouse earns during their marriage is community property. Fortunately, a gift or inheritance is separate property. However, that’s only half the battle.
Posted on: January 15, 2021 | By: David Parker, Esq.
I am a single retired parent to an adult daughter, who is an only child. The home I currently reside for the last 26 years still has a mortgage and the deed is in my name only. I have a will that states everything is left to my daughter, and then to my grandson, if she proceeds me in death. Should my daughter be added to the deed?
Posted on: January 14, 2021 | By: David Parker, Esq.
John le Carré, the celebrated author of Tinker Tailor Soldier Spy, has died from pneumonia. He passed away Saturday night at the Royal Cornwall Hospital in Truro. ‘We all deeply grieve his passing,’ his family wrote in a statement.
Posted on: January 13, 2021 | By: David Parker, Esq.
Robert Redford officially bought what was once the Timp Haven Resort (now known as the Sundance Mountain Resort) in 1969. This year, he's stepped away, selling the resort to Broadreach Capital Partners and Cedar Capital Partners. While we don't know how much the resort was sold for, the structure of the sale shows how this iconic real estate investor has built a successful exit strategy.
Posted on: January 6, 2021 | By: David Parker, Esq.
Debts, just like assets, are considered part of a person’s estate. When that person passes away, their estate is responsible for paying any and all remaining debts. The money to pay those debts comes from the asset side of the estate.
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