Monthly Archives: March 2012

Valuing a Business in a Buy-Sell Agreement

John and Mike each own 50% of a business. They sign a buy-sell agreement providing that if one of them dies, the other one will buy out the deceased owner’s share at a specified price and on specified terms. The … Continue reading

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Has Real Estate Been Removed From Trust During A Refinance?

When a person creates a revocable living trust, his or her attorney typically prepares quitclaim deeds on each piece of real estate which ,when recorded, transfer the real properties to the person as trustee of his or her trust. The … Continue reading

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Health Care Powers of Attorney and Trustee Succession on Incapacity

The Trustee is the manager of the trust’s assets, and the trusteeship changes on any¬† of the following three events: death, resignation or incapacity. Death is proven by a certified copy of a death certificate. Resignation is proven by the … Continue reading

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