Trombley & Kfoury Legal News Blog
Wire fraud is on the rise everywhere and the Federal Reserve is being asked to take a more proactive role in preventing it, especially as it relates to real estate transactions. Two key points are: 1. All parties involved in the real estate transaction need to help...
Clients have begun to inquire about transferring firearms in their estate planning. Unique rules and procedures apply to certain firearms – such as NFA firearms, even in estate planning. Limited liability companies (LLC’s) were once the preferred method, but LLC’s...
1. An offer is accepted by the seller and a contract is signed by both parties, marking the effective date of the contract. 2. At the same time , a deposit is paid to an attorney, broker or escrow agent. The deposit does not become the property of the seller until the...
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