Video Summary

What is a stratified market? A stratified market is whenever you have houses that are trading or selling very rapidly in two different price areas. By way of example, you could have a stratified market whenever houses in the range of $150,000 or less are, are selling very rapidly. And the supply is very limited as well as houses that are selling in the 900,000 and up category, which is also selling very rapidly and the inventory is very low. So that is a strategy. And then they’re both these markets are in the same market area. So you have two different price ranges of houses in the same market area that are both selling very rapidly. And so that’s what you have when you have a stratified market, is that you have two different price range of houses that are moving very quickly in the market. Some from the time they’re listed, till the time they’re sold.

Video Summary

Our clients commonly wonder, “If I have a Living Will, do I also need a Health Care Surrogate?” To help you make that decision, you should know that there are two occasions in life when a Health Care Surrogate takes effect.

  1. If you are going to expire in the near future and you are unconscious, a Living Will can aid in determining whether life support will be discontinued. The Living Will names the person who will act as your Health Care Surrogate and will make that decision for you.
  1. If you have suffered some injury or medical trauma and you are not in a position to make medical decision for yourself, a Health Care Surrogate document names the person who is legally entitled to make those decisions for you. Appointing a Health Care Surrogate in advance allows you to choose a person who you trust to make vital medical decisions in your behalf when you are not capable of doing so. That person may be called upon to make a medical choice that could save your life.

If you would like assistance in preparing a Living Will or appointing a Health Care Surrogate, please call us at (727) 847-2288.

Video Summary

How much time is involved in setting up a will? Well, usually the time period consists of a conference wherein you meet with myself or an attorney and give him the information as to whom you would like to leave your assets upon your death, and further who you would like to be your executor. You need to have some idea of what assets you have and how they’re titled, and that drafting a will is incorporated in estate planning. Knowing how your assets are titled is important as far as knowing what the will will control since your will will not control jointly-owned assets, assets that are titled with a payable on death, life insurance or IRAs that have beneficiaries. After you have the estate planning conference, then you’ll later have to come back and sign your well.

We also discuss in our well conference a living will which says that you don’t want your life prolonged artificially. Also, a healthcare surrogate form where you authorize someone to receive health information too, as far as HIPAA is concerned, and to make medical decisions for you, as well as a durable power of attorney.

Give me a call if you’d like to do some estate planning and have a well-prepared my phone number’s (727) 847-2288.

Video Summary

Does the landlord have responsibility of hiring professional check for mold,If mold is suspected? No, I don’t believe the landlord has that responsibility. If you believe the property has mold. Well, I think that you need to determine whether or not there isn’t fact mold as a tenant. If you find out that there is, or that there is a leakage, which you have to have moisture in order to have mold, you can give a notice under the landlord tenant act to the landlord that he has seven days in which to correct the problem, whether it be mold or simply a leak, if they don’t take care of the matter within seven days, then you have a right to terminate your tenancy, whether it be under a lease or whether it be on a month to month basis. And then you can go run a different place that doesn’t have these same problems. I realized this presents certain practical problems and also economic problems, but there is no obligation on the landlord’s part to do a higher professional determine whether or not there is mold present in the rental unit. If you have any questions, give me a call at (727) 847-2288

What is a Codicil?

Video Summary

What is a codicil? A codicil is an amendment to your will. Whenever you want to make a change in your will, rather than doing a whole new, well, you can have an amendment. My experience has been, however, is if you have a simple will, it’s easier just to go ahead and to redo the whole will, the cost is all is about the same because you have a conference, you have to come back in and sign it with the same formality as you did your will. So, it’s usually simpler, easier, and the same expense as far as doing them amendment. So that’s what a codicil is. If you have any questions about your will and on a codicil will give me a call at (727) 847-2288.