5 Lesser Known Trusts You Can Utilize for Your Estate Plan

A trust is a contractual relationship between the beneficiary, the trustee, and the grantor. It contains two definite elements of the ownership of an asset: 1. Legal (transferred to the trustee by the grantor) 2. Beneficial (in the trust agreement, to the beneficiaries) While standard living, charitable, or special needs trusts are more common, there are several lesser known types of trusts people can Read More

5 Common Uniform Standards of Professional Appraisal Practice (USPAP) Violations

The Uniform Standards of Professional Appraisal Practice (USPAP) is the U.S. appraisal profession's generally recognized ethical and performance standards. USPAP was embraced in 1989 and includes standards for all kinds of assessment services, including real estate, personal property, business, and mass assessment. Full compliance is needed for federally-related real estate transactions involving state-licensed Read More

5 Common Medical Errors That Can Lead to a Malpractice Lawsuit

Cases of medical malpractice occur when a patient is injured by a doctor or nurse (or another medical professional) who does not provide proper medical care. Fortunately, doctors, nurses, and hospitals make mistakes in only a small number of cases. However, when these errors occur, it could be catastrophic for the patient. Keep in mind that it was not necessarily because a doctor made an error or a patient was Read More

An Overview of Maryland Probate

When an estate is left behind after a person’s death, it needs to be settled under the court’s supervision.  The official way to settle an estate is through probate. If the person died with a Will, they are said to have died testate and the court will appoint the individual designated in the Will as the Personal Representative (formerly known as the Executor/Executrix) to administer the Estate. In the event Read More

Understanding Inverse Condemnation

Inverse condemnation is any interference with private property that destroys the property and lessens its value of the property or denies the property owner of its use even if he or she possesses the title and possession of the property. This also occurs when property rights are taken without just compensation, or when the property value is taken by the government despite the government having made no formal attempt Read More

3 Situations Where You Might Need a Non-Disclosure Agreement

Non-disclosure agreements or NDAs are important in business to keep its secrets from other people outside the company. If there is information, processes, practices, and other items that should not be shared with anyone else aside from those directly involved, an NDA will help maintain the confidentiality between the parties involved. NDAs may be used for different reasons, but their main purpose is to ensure that Read More

Hurt on the Job? Make Sure You Preserve Your Claim

There are millions of injuries that occur in the workplace each year. While most of them are fairly minor, there are still many that can be quite serious. If you experience any type of serious workplace injury, you may need to file a lawsuit in order to get the compensation you are entitled to. To help preserve your legal claim, make sure you take all the following actions after your injury. Seek Medical Read More

5 Signs of Elder Financial Abuse

I just completed working on a case where a neighbor had convinced a 95- and 93-year-old brother and sister to sign documents which supposedly would get them out of a nursing home; but in fact, the documents were Powers of Attorney and Last Wills and Testaments leaving everything to the neighbor.  The neighbor had confined the 93-year-old gentleman to a chair in the living room in a diaper and had removed his Read More

Eminent Domain: What to Expect During Valuation Proceedings

The term “eminent domain” comes into play when the government takes control over property that you own or have rights to. Although the government can exercise this right, it can do so only under certain conditions. One of those requirements is that they pay you, as the property owner, the value of the property as if it were sold on the open market. It must value the property to make this payment, and it does so as Read More

What to Do If an Insurance Company Offers You a Settlement

If you have been in any type of accident, whether it’s a car accident or a slip and fall incident, it will likely involve an insurance company. Insurance is a great way to protect your assets and limit liability. It also helps victims get money that might not otherwise be available. However, insurance companies are in the business of making money, so for as many benefits as insurance offers, adjusters will often Read More