What is a Will anyway? A Last Will and Testament (Will) is a legal document used in Probate court that describes where your assets go when you pass away and who has the authority to manage that process. What’s in a Will? A Will lists Beneficiaries, general and sometimes specific descriptions of the types of […]
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A Quitclaim deed is a form of Deed that conveys (transfers) any and all interest a person or entity (the Grantor) may have. Quitclaim Deeds convey the Grantor’s interest without warranty or guarantee and regardless of title issues. Are Quitclaim Deeds and “Quick Deeds” the same thing? “Quick Deed” is actually a misnomer of Quitclaim
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What is a Revocable Trust? In its most basic form, a Revocable Trust can be described as a property management agreement. Trusts outline who created and funded the Trust (Grantor), who manages the assets (Trustee), who the benefits from the assets (Beneficiary), and how the assets are to be managed. Revocable verses Irrevocable Revocable Trusts
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