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Domestic Relations Law

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Divorce, Today's Real Estate Market and the Ubiquitous Short Sale

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Sep 15, 2009

In the not too distant past, most people who were going through a divorce and owned real estate could count on receiving proceeds for their interest in that real estate -- either through the sale of the property or through a buy-out from their soon to be ex-spouse.  That asset would help them to move out, pay for legal representation, provide a down payment on a new home and generally enable someone to move on with their life.  And, although a divorce is one of the most traumatic of life events, having a financial cushion made the process measurably better.

DURABLE POWERS OF ATTORNEY - PREPARE THEM CAREFULLY

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by Thomas D. Duling, Feb 15, 2009

Powers of Attorney are routinely used as part of financial planning for clients.  The most common type of Power of Attorney in an estate planning or elder law planning context is a General Durable Power of Attorney in which a person, usually known as the principal, designates an agent and gives them certain authority to act on behalf of the principal.