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August 2019 Archives

Understanding when a landlord can keep a security deposit

Being a rental property owner in Saint Charles offers many benefits, the chief of which is the added funds that it can contribute to one’s monthly income. Those who own such properties should also not have that difficult of a time finding tenants; according to information gathered by the Pew Research Center, 36.6 percent of U.S. households were headed by renters in 2016. Of course, renting to a tenant also brings with it the stress of whether or not they will take care of a property (and not do anything that might diminish its value). A landlord’s security against this is the security deposit. 

Examining the different types of power of attorney

Many in Saint Charles may think that the only purpose of estate planning is determining how your assets and property are to be distributed to your beneficiaries upon your death. Yet another major aspect of the process is addressing your end-of-life care (if you happen to be in a position where you might need assistance in making important decisions). Part of this may be deciding who to entrust with power of attorney over your affairs. When seeking assistance with this process, many of those who have come to members of our team here at Stephen A. Martin Attorney at Law have been surprised to learn that there are actually several different forms of power of attorney. 

What rules can't a HOA enforce?

A homeowners' association (HOA) can add a lot of value to the life of residents. However, HOAs must also adhere to certain rules and regulations to ensure they don't run afoul of the law. Realtor.com offers the following examples of unenforceable rules that all HOAs should steer clear of.

Lawsuit claims caretaker influenced woman to change will

Being transparent in one’s estate planning is encouraged by experts in Saint Charles in order to avoid the potential of disputes arising amongst beneficiaries after one is gone. The reasoning behind this advice is that if beneficiaries know what may be coming to them from one’s estate, they may be less likely to question the validity of the instruments governing it. Yet this can also be a double-edged sword in that if a potential beneficiary believes that they it has been indicated that they will have a specific interest in an estate, they may cry foul if and when that does not turn out to be the case. 

But I own my condo! They can’t evict me…can they?

Condos are a great place to live, they are convenient, contained, and you do not have to worry about a yard or upkeep of the exterior of a home. That being said, condo home owners associations can be a bit prickly and may cause trouble for some tenants. Knowing your rights and what your HOA can and cannot do can help you to avoid a great deal of trouble.

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Saint Charles, MO 63301

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