Some may be surprised to find that there are different types of property ownership and that all forms of real property ownership are not created equal. The form of title in property affects the sale, mortgage, and transfer of the property. The three main forms of ownership in real property are: (1) sole ownership; (2) […]
Co-Ownership Agreements
In today’s housing market many are trying to find alternative ways to stretch their buying power. One way is by purchasing a home with a friend, relative, or unmarried partner. The benefit of buying a home with someone else is that you can likely afford a larger loan than you might have qualified for alone […]
Work From Where?
With many businesses shifting to working from home, it is important to consider the effects this shift will have on your data security/privacy and potential liability. Working from home poses a new risk to the preservation of confidential information. Whether you work with protected information under state or federal law, or simply information critical to […]
Recent Changes to Retirement Accounts
The law has recently changed regarding tax-advantaged retirement accounts, these changes were included in the SECURE Act, effective January 1, 2020, and the CARES Act, effective March 27, 2020. While the CARES Act has a short-term focus, both are important to understand when managing and planning your finances. SECURE ACT: The age for required […]
Planning Ahead
When you think about New Year’s resolutions, consider a check up on your legal well-being. Whether you’ve completed your estate plan last year or ten years ago (or have no estate plan), the beginning of a new year is a good time to review your current situation and any recent events which may require updating […]
Ask Yourself These Questions
It’s never too early to start a conversation about your family and the future. As life expectancies and long-term care expenses continue to rise, families must consider how to pay for increased expenses. At Kalil and LaCount, our lawyers help clients create an estate plan that protects your assets, implements your wishes, and avoids a […]
Taking Care of the Details
Overlooking small details can cause big problems, especially when it comes to making sure that your legal affairs are in order. Kalil & LaCount has put together a list of commonly overlooked items to help make sure that you have “taken care of the details.” Updating beneficiaries – People know to update their will or […]
Protecting Our Clients’ Nest Eggs and Planning for the Future
With spring and Easter upon us, it may be worthwhile taking time to reassess the well known proverb, “Don’t put all your eggs in one basket.” New Hampshire recently enacted RSA 564-D, “Qualified Dispositions in Trust Act” commonly known as an asset protection trust. This statute enables individuals to retain more flexibility in the creation […]