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Roll out those lazy, hazy, crazy days of summer!
Summer is Here! Prior to becoming a lawyer I was a high school teacher. Because of that experience, Summer is a special time for me. It is a time to pause during the year and look back and smile at your successes and shed a tear at your failures. And if you have lived a truly vibrant life you have had some failures along the way.
Similarly as a lawyer, you often pause at the end of your representation
of clients and sometimes smile as you often witness your clients' growth
and transition during your representation of them during their most personal
matters.
At the Law Office of Angela Barker & Associates, LLC, we are committed to help ease the transition through the various life stages: Whether it be a change in the family structure as a result of a death, marriage, divorce, or separation. We are there for you as you buy or sell your home, and we assist our clients in planning for their or their loved ones' golden years and help
them pass their savings on to the next generation. People are our business.. For the benefit of our clients and the communities we serve we have developed this newsletter as a legal and consumer resource. Enjoy.
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10 Things to Do to Prepare a Will For Probate |
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If you are the executor of a will there are many things you must do to get that will ready for probate. Probate means the process by which the deceased's assets are gathered, outstanding debts, taxes and expenses of the funeral and the probate process are paid, and the assets are distributed to the beneficiaries in the will. Following here are the top 10 things needed to prepare for probate.
1. Get names and addresses of all person named in the will;
2. Determine if the deceased has any pending financial or legal matters requiring immediate attention;
3. Arrange for a meeting with everyone named in the will;
4. Gather, do not destroy, any of the deceased records, tax returns, checks or other documents;
5. Get Death Certificates (from funeral home);
6. Keep careful records of all funeral related expenses;
7. Don't pay debts unless truly necessary;
8. Change locks on the door if deceased lived alone;
9. Secure valuable items;
10. Notify insurance carriers of the recent death. |
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Contact Us To Find Out More About Probating a Will! |
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Borrowers Still Slow to Get Help |
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A recent article in the New York Times states that despite the vast publicity about ways to avoid foreclosure, most borrowers remain unaware that their lenders are willing to help them.
Indeed the article cites a recent report released by Freddie Mac, one of the two government-sponsored businesses that acquired mortgages from lenders and sell them to investors, which states that 57 percent of delinquent borrowers did not know about the various options lenders offer to delinquent borrowers.
In this slow real estate market it is to no one's advantage to foreclose on a home. Moreover, many lawyers' association have formed task forces to assist buyers in saving their homes. If you are falling behind on your mortagage payments contact your lender. In addition, contact your local lawyers' bar association and ask them for a referral to a foreclosure prevention task force in your area. |
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Contact Us About Buying or Selling a Home |
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