Previous posts on this blog have discussed how a short sale can help a family in San Jose or one of the other suburbs in the Bay Area avoid losing their home, or other property, to the process commonly referred to as foreclosure.
If a loved one has asked you to become the executor, sometimes called a personal representative, of his or her will, you should be prepared for the responsibilities you will have if you accept the position.
When it comes to administering a California estate, perhaps the most important person is the executor, who may also be referred to as the administrator of the estate or even as the personal representative.
It does not take an expert in real estate to recognize that the worst case scenario a homeowner or other property owner can face, aside perhaps from an uninsured loss of the property, is the loss of the property due to inability to repay the mortgage or mortgages on the home.
We've discussed some of the most common types of business partnership disputes: breaches of contracts, violations of non compete agreements, breaches of fiduciary duties, misuse of trade secrets, minority owner rights disputes, and embezzlement.