Special Needs Trusts (SNTs) represent an important estate planning tool for families caring for disabled or incapacitated loved ones. These specialized legal instruments fill in the gaps not covered by government benefits, allowing families to provide financial support to the…
When a person dies without a valid will in South Carolina, they are said to have died "intestate." This situation triggers a specific set of laws that determine how the deceased person's property will be distributed among surviving family members.…
In South Carolina, the probate administration process is lengthy, expensive, and public. One of the most common methods to avoid probate is by establishing a revocable trust and funding it with assets prior to death; however, there are alternative ways…
When a Tennessee borrower files for bankruptcy while going through foreclosure, lenders immediately face long-term title risks and legal exposure. Bankruptcy filings trigger the automatic stay, stopping foreclosure activity and collection efforts. At this stage, brief missteps by a lender…
As a Tennessee lender, you know that priority is everything. Should a borrower default on a loan, the order in which creditors are paid determines whether you recover everything you’re owed, some of what you’re owed, or nothing at all.…
When you have to evict a tenant, the process is stressful, expensive, and time-consuming. Even when you do everything right, the process can cost you months in lost income. Disputes often come down to what a lease does—or does not—say.…
Property damage is one of the most common issues landlords face. Whether it happens intentionally or through general negligence, property damage is frustrating. However, if you act too quickly or without the necessary documentation, you risk being accused of retaliation.…
A Healthcare Power of Attorney (HCPOA) is a vital legal document that ensures your healthcare decisions are respected if you become incapacitated. In South Carolina, having an HCPOA can prevent unintended outcomes, reduce stress for your loved ones, and provide…
As a property owner, you’ve likely had your share of tenants who push the limits when it comes to paying late. But what happens when a tenant declares bankruptcy in a way to avoid eviction when they know they cannot…
Equipment leases provide an appealing income stream for equipment owners while granting commercial businesses a way to use this equipment without the upfront expense. As is the case with any other rental, a lease outlines the rental terms and both…