Please help us welcome Lee Skidmore and hear him speak about what exactly title insurance is and why it's important to us, as investors, need to make sure we utilize this!
I. Importance of Title Insurance: Safeguarding Your Investment
- errors in deeds
- access to land and easements
- undisclosed heirs
- incorrect legal descriptions
- forgery
- unpaid taxes and unsatisfied mortgages
- liens and claims
II. Types of Title Insurance Policies
- Overview of owners, homeowners, and lender's policies
III. Estate Administration and Avoidance
- Purpose of Probate
- Wills: Who can make a will and its requirements.
- Probating a will - lost or destroyed wills, revocation, and limitations.
- Testate vs. Intestate: Statute of descent and distribution.
- Share of descendants and next-of-kin or heirs.
- Appointing an executor or administrator.
- Finding, assembling, and appraising estate property.
- Distribution of estate assets and accounting.
IV. Estate Planning and Trust Utilization
- Exploring revocable, irrevocable, and testamentary trusts.
V. Health Care Planning
- Understanding durable power of attorney, health care power of attorney, et al.
VI. Other Probate Court Duties
We'll see you there!
OPHP credits available