Real estate law is complicated. I am just going to throw that out there. Particularly when dealing with a mortgagor (borrower’s) rights associated with the redemption period at a foreclosure sale. I. Purchasers at Foreclosure Sales – what do they own? In general, if a third party is the bidder at a foreclosureContinue reading “Real Estate Professionals: New Michigan Law Can Extinguish Redemption Rights”
Author Archives: jeshuatlauka
Estate Dispute Caused by “E-Z Legal Form” – Another Illustration of the Need For Sound Legal Counsel in any Legal Transaction.
I wrote a previous post about the Problem with Universal Legal Forms The ABA Journal reports another example making headlines, that highlights my point. In the article a Florida woman, Mrs. Aldrich, used an E-Z legal Will form that she filled out herself; after she passed away it became apparent that the Will did not haveContinue reading “Estate Dispute Caused by “E-Z Legal Form” – Another Illustration of the Need For Sound Legal Counsel in any Legal Transaction.”
Businesses: Check Out My Guest Blog Article About the Legal Role of Your Board of Directors
Yesterday I published a guest blog article with GRAPE where I address the role of a board of directors/board of managers in a business. You can see that article here I met with a client very recently that illustrated another important, and related, point: It is important to have good people serving on a board of directorsContinue reading “Businesses: Check Out My Guest Blog Article About the Legal Role of Your Board of Directors”
Question For Businesses: How Can You Trust your Employees?
I recently met with some business owner clients. There is no simple way around it, they were in a serious mess. Facts: Clients own several businesses. They most recently purchased a business that had a lot of potential for growth. With the business, client assumed the employees of the business. All signs were thatContinue reading “Question For Businesses: How Can You Trust your Employees?”
Michigan Real Estate Law Update: Evict by E-mail?
Investment Property Owners/Managers must be active at the State Capitol. On March 18 House Bill 5415 was proposed. You can check it out here As far as proposed legislation goes, this is probably the most uncomplicated bill I have seen in a long time. It would provide that a “Demand For Possession”Continue reading “Michigan Real Estate Law Update: Evict by E-mail?”
Michigan legislative update and my guest blog post on the Michigan Consumer Protection Act
I recently posted a Guest Blog on GRAPE, titled “Business owners: What you should know about the Michigan Consumer Protection Act”: You can view it here Also, for a look at some updates in Michigan proposed legislation check out the Michigan Public Policy Resource Center I would like to note that IContinue reading “Michigan legislative update and my guest blog post on the Michigan Consumer Protection Act”
Estate planning, Real Estate, Family and… Any Place For Lawyers?
I had a client call me recently. His father passed away and left him and his siblings a large amount of real estate to share equally. My client wanted me to draft some deeds since he and his siblings all “had already decided who gets what” What my client was referring to, is thatContinue reading “Estate planning, Real Estate, Family and… Any Place For Lawyers?”
The Words You Use In Real Estate Documents: They Matter.
I recently met with a client at my office – her mother recently passed away. My client had no siblings, she alone was scrambling to figure out what she needed to do to wrap up her mother’s estate. Mother had died without any estate plan, the largest asset that mother owned was her home.Continue reading “The Words You Use In Real Estate Documents: They Matter.”
If You Think Money Can’t Buy Happiness, Try Giving Some Away-Michael Norman
Today I attended the Economic Club of Grand Rapid’s Luncheon at the JW Marriot. For those of you in the business community in Greater Grand Rapids, I would highly recommend that you check out getting a membership. The Econ Club always hosts top notch presenters and is a great place to connectContinue reading “If You Think Money Can’t Buy Happiness, Try Giving Some Away-Michael Norman”
Avoid Illegal Tax shelter Scams: Corporation Sole
I was recently presented with a “trust document” that I have never seen before. My client asked me: does this document protect me from creditors and having to pay taxes? My first thought when posed with the question was “I can’t see how” Then, I looked at the “trust” document itself. Continue reading “Avoid Illegal Tax shelter Scams: Corporation Sole”