The main purpose of a trust is to provide resources for loved ones. This can be done during life and after death, though it's mostly associated with after death. A trust is an entity where a person manages their resources and shares them with next of kin, family and friends. There are all kinds of trusts, and many share real estate or family heirlooms, while others provide income to loved ones who need the assistance.
It was meant to be your dream home. You and your family planned well, bought some land and hired a builder. During lunch or after work, you'd drive to the site of your new home and watch the construction workers building it, occasionally accompanied by your children.
Muleshoe lake landowner Wayne Hoang Nhut Doan filed a lawsuit against TransCanada Keystone Pipeline LP for trespassing on his property when installing a pipeline.
When does the government have a right to take your property? Texans feeling nervous about the possibility of either a Bullet Train or a border wall running through their backyard may also be wondering if they have a legal right to refuse the use of their property if the government comes calling.
One of the most memorable statements made during President Trump's election was the topic of building a border wall spanning the southern U.S. and Mexico border. Currently, there is no authorization to begin construction of the border wall. However, there are many factors causing high-cost delays in obtaining what's necessary to go forward with the project.
Having an estate plan in place can make the difference between peace of mind and regret. It is easy to ignore or put off planning for the future of your estate. However, learning from other people's mistakes, often saves a person time, money and heartache in the long run.