Securing your real estate for your descendants is one of the most important legal steps you will ever take in your life. So how do you plan to go about it? Simply having a last will and testament document is not enough to have a secure estate plan. Here are four documents that your plan needs which will determine what happens to your estate after you pass away:
Unless your loved ones take steps to avoid the probate process while creating their estate plans, you will likely find yourself going through such legal proceedings after their deaths. If a loved one appointed you executor of the estate, you may have a bigger role to play in the proceedings, but nonetheless, you may find yourself involved if you stand to inherit any property or face any other connection to the estate.
Most Tennessee home buyers seek a conventional loan based on their credit rating, income and down payment, but there are situations where they may turn to a hard money lender. The terms of hard money loans are generally far shorter than those of traditional mortgages, and this kind of financing could be useful for home buyers as well as for people who plan on selling their homes quickly.
Once a person or couple makes the monumental decision to look for a home to call their own, it initiates an often enervating process that can prove to be exhilarating and entertaining at times, and frustrating and even worrisome at others.