This blog discusses the advantages and disadvantages of naming Co-Executors in a Last Will and Testament, Co-Trustees in a Living Trust, and Co-Agents under a Durable Power of Attorney or Health Care Power of Attorney, as well as the recommendations
Law Firm Carolinas is a legal publisher focused on issues relevant to community associations, real property, and estate law primarily within North Carolina. The firm provides analysis and updates on topics such as homeowners associations, condominium management, tenancy in common statutes, and estate insolvency. Their content often addresses practical legal concerns faced by community boards and property owners, including contract approvals, winter maintenance, and estate planning decisions. The firm aims to clarify statutory changes and procedural complexities to assist attorneys, clients, and community members in navigating regional legal frameworks.
Two recent Wall Street Journal articles highlight a growing problem for homeowners associations and condominium associations.One reports that Fannie Mae and Freddie Mac are tightening reserve expectations for condominium projects. The other reports a significant increase in HOA-related foreclosure filings…
Podcast Note: This article is adapted from my conversation with Meghan Speer on the Nonprofit Hub Radio podcast, “Robert’s Rules for Real Boards.” Listen to the episode on Apple Podcasts or visit the Nonprofit Hub.
Mention Robert’s Rules of…