Fiduciary in law is defined as property entrusted to a specific person called the fiduciary for the benefit of another. The person entrusted of the property has the responsibility of ensuring that everything is fair between the people involved. A fiduciary relationship is referred to as one in...
Probate law covers the issues and problems that could arise when a person dies such as the transfer of assets and titles. A probate proceeding is an essential process which involves discussions and reaching agreements regarding life insurance, living trust, joint bank accounts and other joint...
Satisfaction of mortgage is a document or a release letter stating that a certain mortgage loan has already been fully paid. It is confirmed and signed by the lender or the mortgagor signifying that such transaction has been settled. This document is then recorded by the Country Recorder to ensure...
Before an individual can enter into a binding legal agreement known as a contract, he or she must meet the legal contract age. The legal contract age is also referred to as the age of majority, which is 18 years old in most jurisdictions. Individuals below the age of 18 years old are not obligated...
An economics expert witness is a witness who testifies in a court trial with his financial viewpoint that may be quite complex in the ears of the judge and the jury. The court needs to be educated with complex issues such as Economics and other financial matters. An economics expert witness can...
In a competitive job market, it’s important to write your resume in an effective and compelling manner. By presenting your work experience and skills in the best possible light, you can secure a job interview and hopefully, that much-desired position (and salary!) There is no one formula for...
An individual, when drafting his or her own will, may at some point wish to bequeath assets to another in the event of his or her death. An individual who is written to be an heir of another individual’s estate upon the latter’s death is known as a probate beneficiary. This person is entitled to...
Law involves a wide breadth of areas and specializations. Each field of law caters to a specific issue or matter. One such area refers to commercial litigation wherein the issue or matter involved refers to that of businesses or corporations. This area of law often deals with disputes relating to...
A contract is a binding agreement between 2 parties that involves some sort of exchange or transaction. When the involved parties have fulfilled all their obligations or have no more desire to fulfill such terms and conditions, a contract termination is arranged. This is usually done when a contract...
There are instances when a party who has entered into an agreement or contract with another makes it clear that he or she does not intend to fulfill the terms of the contract. This instance refers to anticipatory breach, also known as anticipatory repudiation. This form of breach of contract...
