law firm bethesda

First-time home buyers are entitled to most legal issues while dealing in real estate. Primarily, they are unaware of their legal responsibilities and the consequences. Everything is new for the first-timers, from home taxes to the real estate agent fees. Missing out on any of these legal duties can make them bear consequences that can cause tremendous stress. Clearing out the confusion once and for all, have a look at these legal responsibilities to stay in check: Keeping All the Documents Confidential: People today have negative thoughts about others and would not even take a second to think before harming them. Keeping all the property documentation private and confidential can prevent fraud or cheating. From loan agreement paperwork to property purchase documents, make sure you secure them for future use, too, or else it can pose a legal threat. Be Clear with the Tenant's Intentions: Whatever discussions you have with your tenant, make sure you get them in writing. While negoti

With so many terms found in the laws and regulations, people often get confused with what’s the types of trusts available in estate law Maryland . We have explored and practised all the laws over the years to maintain a good level of expertise. Below, we bring you some types of trusts may be useful in future estate planning. Trusts for Minors As part of a formal estate plan, many people leave money in trust to their children or their grandchildren. Usually this is done in trust law Maryland to ensure that the money is available for the good of the children when they are younger-for welfare, schooling, medical expenses etc. Once the children reach a certain age or level of achievement (such as receiving a bachelor's degree), they will receive money from the trust as they wish to do with it. Special Needs Trusts  Special needs trusts are mechanisms that allow a person to leave property to a special needs individual. Most people with special needs receive support fro

Financial concerns such as debts have given birth to many divorces. Unfortunately, even after getting apart, debt issues never disappear until resolved. From credit cards to student loans, debts can make situations worse if you don’t know about the law and order of the state. You should know about several laws such as tax laws, corporate laws, debt laws, and even estate law Bethesda to bring yourself out of these situations. Before we tell you how the debt is divided between two former partners, you should know about sole and joint debt and how liability works in both situations. To clear the air, let us tell you that any debt your ex took before your marriage is none of your concern. Any loan including auto loans, student loans, or even credit cards that your former partner took prior to the marriage has to be settled by him or her. Maryland Code §4–301 states that you have nothing to fear in case your ex fails to make payments associated with previous loans. Unfortunately, any