The job of an executor is to transfer ownership of property of a deceased person, and often the good work ethic and leadership that comes from motherhood makes mothers excellent executors of wills. Executors are tasked with identifying property at time of death, interpret the will to decide who will get what property, transfer the ownership of property and confirm that they’ve done the transfer of property to the best of their ability.
Tag Archives: Lee R. Schroeder
Legal-Ease: Good Judges are smart, impartial, pragmatic and patient in analysis
Judges aren’t only in charge of making important decisions, they also play a role in helping people and their attorneys navigate their ways through the judicial system. Attorney Lee R. Schroeder thinks that the most important characteristic of a great judge is intelligence, but also important in choosing a great judge are impartiality, patience and more.
Legal-Ease: Small business needs team of advisers
Every entrepreneur should consider working with five crucial partners: an attorney, an accountant, an insurance agent, a lender and a financial adviser. Good attorneys will work with small business owners to help them minimize liability, and some attorneys limit their practices to this area of the law. Entrepreneurs should find members of their advisory team that are smart, passionate, focused, willing and qualified to serve their respective roles.
Legal-Ease: Life estates, sequential ownerships in real estate
Ohio law allows for sharing arrangements when it comes to real estate. A number of options exist when it comes to life estates and sequential ownerships in Ohio.
Legal-Ease: Different deeds, different promises by the seller
The three most common types of deeds are warranty deeds, limited warranty deeds and quit claim deeds. Each type of deed in real estate is different in its own way, especially in what it promises from the seller.
Legal-Ease: Hiring attorney often a value-added proposition
When you hire an attorney, you’re hiring someone to not only follow your advice, but also someone who will think, analyze and advise to help ensure that the best possible decisions are being made for you. In addition to following your wishes, your attorney will be exercising his own professional judgments.
Legal-Ease: Is estate planning worth the effort?
While it may be an uncomfortable topic to consider, everyone dies. Wills make the process easier for loved ones so they know what to do with your “stuff.”
Legal-Ease: Options, rights of first refusal are distinct tools
While options and rights of first refusal are two very different concepts, people commonly confuse them and their very different uses.
Legal-Ease: Bidding at a sheriff’s sale requires work in advance
Never show up to a sheriff’s sale unprepared; if you expect to leave successful, you’ll want to do some homework in advance of the bidding.
Legal-Ease: Share a well, share a headache
For many, building a home is a dream come true. But many don’t realize some potential hidden costs of building. When building outside a city, one of these costs is drilling a well. Some homebuilders choose to save money by tapping into a neighbor’s well.