What is a Representation Agreement (RA)? A Representation Agreement is an important part of your estate documents. It allows you to appoint someone (known as a representative) to act on your behalf with respect to medical decisions should you be alive but unable to do so. What does it include? The document can include stipulations [...]
A Power of What? A Power of Attorney is a valuable part of an estate plan. By using a Power of Attorney, you can control who will make decisions about financial and legal matters for you in case you lose capacity. A Power of Attorney is a legal document used by an individual (the "donor") [...]
How does Property Transfer Tax affect you? Very generally, Property Transfer Tax (PTT) is paid by anyone who has land transferred into their name, unless they qualify for an exemption. Property Transfer Tax is 1% on the first $200,000.00 of the property's fair market value and 2% on the remaining fair market value, as of [...]
