News & Resources Category: Resources

An asset protection trust is an estate planning vehicle that effectively guards your assets from creditors. It is an irrevocable trust created by an individual that can protect assets from lawsuits, civil actions, and divorce claims. Assets within this type of trust are no longer considered to be your property, so creditors are unable to touch them.

When it comes to building wealth, owning rental properties can be a highly effective strategy. With rental real estate investments, you build equity in properties while your tenants make the payments for you. But owning rental property is not without risks.

Whether you are buying a home, purchasing a commercial property for your business, or just getting started in real estate investing, it’s wise to become familiar with some of the most common real estate mistakes and how to avoid them.

Running your own business means constantly striving to stay on top of finances, trends, logistics, employees, and competition. While protecting assets may not be at the top of your priority list, it is critical to safeguarding your business, and your own livelihood.

When disputes arise between parties, it is important to seek the advice of an attorney as soon as possible in the process. With effective representation, most disputes can be resolved through alternate dispute resolution, such as mediation, or settled out of court – saving you the time and expense of formal litigation.

Mediation is the “process by which the participants, together with the assistance of a neutral person or persons, systematically isolate disputed issues in order to develop options consider alternatives, and reach a consensual settlement that will accommodate their needs”.

A comprehensive estate plan will cover much more than just the distribution of your property and assets. From medical directives, to arranging for care for your minor children and/or dependents, to naming a person to make decisions for you in the event of your incapacitation – at Reager & Adler, we believe that good estate planning is life planning.

Whether you are building, remodeling, or renovating, construction projects are expensive undertakings that require significant planning. Often, multiple parties are involved in the project: the property owner, architects and designers, general and subcontractors, and other professionals as needed. Depending on the size of your job, multiple contracts may be required to nail down the specifics of the project – the parties involved, the scope of the work to be performed, the schedule and deadlines, materials and costs, and more. But what happens when things go wrong?

If you’re in the process of establishing a business, choosing a legal structure is one of the earliest and most important decisions you’ll face. Many websites offer online guidance and may even provide you with incorporation documents or partnership agreements, promising to make it quick and easy.

Buying a home is likely to be one of the most important purchases you will ever make. In addition to the significant expense, real estate transactions are different from other purchases because they are governed by real estate law and can involve complex legal issues and documents.