Mattleman, Weinroth & Miller, P.C.

News Blast from Mattleman, Weinroth & Miller, P.C.

Your Financial Future: How a Durable Power of Attorney Can Help

As difficult as it is to think about, it is very likely that someone other than yourself will be managing your finances at some point in your life. A Durable Power of Attorney is one way for you to keep control over your money and property once you have lost the capacity to handle your own affairs. This legal document can designate one or more agents of your choosing to act on your behalf with regard to your finances, which means that your agent will be able to sign your checks, pay your bills, manage your investments, etc. on your behalf.

There are two kinds of Durable Powers of Attorney: Springing and General. A Springing Durable Power of Attorney only takes effect when your personal physical certifies in writing that you are no longer capable of controlling your finances yourself (i.e. when you have become incapacitated). A General Durable Power of Attorney is effective as soon as it is signed, witnessed, and notarized, which means that your agent can act on your behalf immediately. A Durable Power of Attorney is particularly important in the event you become incapacitated. If you do not have one, your family may have to petition the court to appoint a guardian or custodian for you, which can be a time-consuming and/or costly process. Furthermore, the guardian or custodian appointed may not be the person you would want handling your financial affairs. If you are interested in obtaining a Durable Power of Attorney, or would like more information on the topic, please feel free to contact our office.

Firm Attorney Speaks at Landlord-Tenant
Legal Update Seminar

C. Gavin Oppermann, Esquire

On March 29, 2011, the firm’s own Gavin Oppermann, Esquire spoke at a Landlord-Tenant law seminar provided by Sterling Education Services, Inc. The seminar covered a wide range of issues affecting landlords and tenants, including, but not limited to, lease provisions and issues, landlord and tenant obligations, the eviction process, and dispute resolution. Mr. Oppermann handles the majority of the Firm's Landlord-Tenant cases, and also works in the Real Estate and Creditor's Rights Departments. For more information about this seminar, click here.

How An Attorney Can Help You Buy, Sell, and Keep Your Home 

Buying or selling a home, particularly your first home, can be a daunting and complicated process. The most important aspect of the sale is the contract, and it can be difficult to navigate this often confusing legal document on your own. An experienced real estate attorney is familiar with how a contract is drafted (and by whom), and how to change it if it contains unfavorable provisions for his or her client. Most contracts for sale also contain escape clauses that allow a buyer or a seller to withdraw from the deal when certain circumstances arise, which may not be apparent or fully understood by the average buyer or seller. Many people also do not know that New Jersey has a "3-day attorney review period" during which a buyer may rescind a signed contract of sale if its not approved by his or her attorney. It is during this review period that a lawyer may detect problems with the deal that were not apparent to the buyer.

Whether you are a buyer or a seller, it is also important to have a lawyer with you during the closing, because the closing agent (typically the title company) and the mortgage company are not going to look out for your best interests. Once you have bought a home, an attorney can help you keep it if you have fallen behind on your mortgage or if you are facing foreclosure. Forbearance agreements, loan modifications, workouts and short sales are just some of the options a lawyer can help you negotiate with the lender. If you are buying or selling a home, or have mortgage trouble, please feel free to contact our office.

South Jersey Office

401 Route 70, East
(Marlton Pike)
Suite 100
Cherry Hill, NJ  08034
Phone: 856.429.5507
Facsimile: 856.429.9036

Philadelphia Office

Land Title Building
Broad & Chestnut Streets
100 South Broad Street
Philadelphia, PA  19110
Phone: 215.567.5209
Facsimile: 215.557.7651

Delaware Office

200 Continental Drive
Suite 215
Newark, DE  19713
Phone: 302.731.8349
Facsimile: 302.731.8753

For more information, visit us at:  www.mwm-law.com
email:  
info@mwm-law.com

This document is not intended as a substitute for legal advice. It is distributed for general informational purposes only. While every precaution has been taken to ensure the accuracy of this document, Mattleman, Weinroth & Miller assumes no responsibility for any errors, omissions or damages resulting therefrom. If this brochure is inaccurate or misleading, you may make a report to The Committee on Attorney Advertising, Hughes Justice Complex, CN 037, Trenton, New Jersey 08625

Click here to unsubscribe

Copyright ©2010 by Mattleman, Weinroth & Miller, P.C. All rights reserved  I  Disclaimer Web Design by Quantum-Think        
  

You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include the above copyright notice.

The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation.