When someone is appointed as a trustee, they take on a significant legal and ethical responsibility to manage trust assets in the best interest of the beneficiaries. This is known as a fiduciary duty, which includes several key obligations. First, a trustee must act with loyalty, ensuring that all d...
Blog categorized as General
The Key Responsibilities of a Trustee
Understanding Legal Descriptions in Real Estate
When it comes to real estate transactions, a precise legal description of the property is essential. At Schuitmaker Moraitis Law, we often see buyers and sellers underestimate the importance of this seemingly technical aspect. However, an incorrect or vague legal description can lead to boundary dis...
Setting up an LLC is a great way to protect your personal assets and establish credibility, but managing the legal aspects of your business doesn’t stop once your paperwork is filed. Many entrepreneurs make the mistake of thinking that forming an LLC is enough to safeguard them from liability, contr...
The Role of Real Estate in Estate Planning
Real estate is often one of the most valuable assets in an estate, making it a key component of estate planning. At Schuitmaker Moraitis Law, our attorneys help clients structure the ownership and transfer of real property to align with their long-term goals, minimize taxes, and avoid probate. Wheth...
Estate planning isn’t just about wills and finances—it’s also about protecting your healthcare choices. A medical power of attorney ensures that if you become incapacitated, a trusted person can make medical decisions on your behalf. Without this directive, your loved ones may face legal hurdles or ...