If you are involved in a lawsuit—whether as the plaintiff or as the defendant—you may be wondering how much money can be at stake. This is where the question of damages comes into play. What does the term “damages” mean? Simply put, damages are the monetary award that you can receive (or be ordered to […]
Widerman Malek Law Blog
It Costs Money to Sell a Home in Florida?
If you plan on moving anytime soon, you might be shocked to find out that it will cost you to sell your home in Florida. While you would think that the only money that gets put out during the buying/selling of a home is the money from the buyer, that is not the case; the […]
The Civil Risks of a Landlord
A landlord has a lot of responsibility, including providing a safe and secure place for his tenants to live. In addition, however, he has a financial responsibility to his tenants. For example, if a security deposit is not being returned, there has to be ample evidence for keeping that deposit in order to avoid the […]
How Power of Attorney Works
Oftentimes as people begin to age, their mental capacity starts to hinder their decision making skills. This is just a natural occurrence that we all have to face at some point, but what happens when there is money, property, bills, and medical treatment involved? Aging is not the only times when a Power of Attorney […]
IS MY POWER OF ATTORNEY STILL VALID?
Many people consider the importance of a will as part of their estate plan but never stop to consider the need for a valid Power of Attorney. A power of attorney is a legal document that allows you to choose another person (agent) to transact on your behalf. It is considered wise to also choose […]
Financial Laws and Their Importance
Law is a diverse field; over the years many new branches of law have come up which seek to provide people with a legal solution to almost any type of problem that they come up against. Laws related to finance have been in place for a long time, but it is only in the last […]
What is the process of settling an estate without a will?
Having a will prepared is something most people think about at some point in their life. Many people think they need to have a substantial amount of wealth to have a will. Or they think they need to own property to have a will. And what about your minor children; do you need a will […]
Being Appointed A Personal Representative
Your father or best friend asks you to be their personal representative of their estate should something happen to them. That doesn’t sound too hard. Now years down the road, it’s time for you to assume that role. Do you know what to do? Where do you start? This article should help you get started […]
How Antitrust Laws Benefit Consumers
Having an open and free marketplace is essential to have a prosperous economy. When businesses are competing for customers it gives those customers the benefits of more choices, lower prices, better quality and more innovation. The laws of the competitive marketplace are enforced by the FTC, Federal Trade Commission. The antitrust laws they enforce benefit […]
What is Formal Administration?
When a loved one passes and they have left behind adequate assets that go above and beyond the expenses of their funeral and burial, formal administration of their assets may be necessary. This of course can be avoided if they have a will or trust that names specific beneficiaries or there is joint ownership of […]