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When HOA community standards create conflict

Should a member of a homeowners’ association be able to fly an American flag in his personal yard space? Like other states, Missouri law has rules that govern condominium associations. The law stipulates that an association may institute and amend such things for the organization such as bylaws, rules, and budgets.

How will the new tax law affect estate planning?

With the recent passage of the new tax bill by congress, many individuals’ tax situations are in for a significant shakeup. In both the short- and long-term, sweeping regulatory changes are requiring some to take a deeper look into how they’re managing their money. One area of asset management in particular that’s experiencing some sizable tax adjustments is estate planning.

Making your final wishes known

End of life is something none of us like to think about. Given our own choices in the matter, we all would probably put off anything related to death as long as possible.

The importance of discussing end-of-life wishes with loved ones

Starting a conversation with loved ones about your end-of-life wishes can be challenging and many people choose to avoid the topic altogether. But as we will explain in this post, discussing your hopes and concerns for end-of-life care with your loved ones is an important conversation to have.

Why are there homeowners’ associations?

If you google homeowner’s association, you will find controversy. It is a complicated set of tasks that they perform. But a properly run HOA is essential to balancing the interests of developers, residents, and the municipalities they are located in.

Collecting delinquent HOA dues

Asking for money is uncomfortable at best, but asking your neighbors for delinquent dues can feel just plain awkward. Unfortunately, that may be one of your duties as an HOA board member. The HOA uses money from dues to pay for utilities, maintain the community and build the reserve fund. When members are not paying their dues, the additional expense of running the HOA falls on solvent members with the possibility of increased dues.

Enforcing your HOA’s bylaws

Few people really enjoy confrontation. Many of us do everything in our power to avoid it. But as a homeowner’s association board member, it is your responsibility to enforce the bylaws of the association, which means occasionally having to confront a resident who has violated them.

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