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May 2019 Archives

Considerations for choosing a guardian of your child

Most people in Missouri who have children dream of and expect that they will live to see their children grow up and that they will even get to experience the joys of becoming grandparents someday. While this is the most common scenario and the one most likely to the chances of probability, it is certainly not what always happens. Illnesses and accidents can and do happen, leaving children suddenly without their parents. In these situations, having a prenamed guardian ready to step in can go a long way toward providing the emotional support kids need.

Raising the rent on your rental property

Rental properties can often be lucrative investments (which is likely the main reason why you have chosen to manage your own in Saint Charles). Maximizing your ROI on a rental property requires charging the right amount of rent. While you do not want your rent prices to be prohibitive, you also want to charge enough to make owning and maintaining the property worth your while. This leads to the question of when you can legally raise a tenant's rent. Many come to our team here at Stephen A. Martin Attorney at Law with this same inquiry. The answer depends on the situation you are in. 

Reviewing your options when it comes to trusts

If you have decided to create an estate plan, this could be a very important move that not only helps protect your assets but makes things easier for your loved ones in the future. However, there may be a lot of different options in front of you and you could be unsure of which type of trust is best. In this post, we will briefly cover some of the different trusts that people set up, and it is important to find one that will suit your needs best. Once you have figured out which type of trust makes the most sense, you can take important steps to ensure that your estate will be managed properly.

What should residents know about your HOA?

If you are a HOA representative, you probably have experience with Missouri homeowners contesting the rules of your HOA. Even though newcomers may appear to give homeowners’ association rules a good review before they buy a home in a HOA neighborhood, it may not be long before new residents chafe at the requirements. One way to cut down on conflict between homeowners and your HOA is to make sure new homeowners are aware of how your HOA operates and what it requires before they move in.

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