What are Referees and What Do They Do?
Oftentimes there can be disputes between co-owners of land or buildings that can’t be resolved by negotiation or mediation. Their ownership interest in property can then be partitioned in a partition action. But who handles…
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Receivers vs. Trustees in Bankruptcy
Both receivers and trustees are involved in bankruptcy, but only certain types. Receivership is both a feature of Chapter 11 bankruptcy, which is used for reorganization of a business entity under the United States bankruptcy…
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What Happens if My Parents Die Without a Will?
It’s not uncommon for a family member to pass away without a will. Whether it’s because they don’t want to confront the end of their life approaching or simply don’t think they have enough assets…
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What is a Trustee?
Trustees can do a number of different things, but an easy way to describe what they do would be that they are fiduciaries who oversee the day to day management of assets placed in a…
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What You Need to Plan an Estate
Nearly everyone has some sort of asset they would like to pass on once they pass away. But if you don’t properly plan your estate, your assets may not pass to who you would prefer,…
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How is an Estate Administrator Chosen?
One main purpose of writing a will is to choose who will serve as the executor of your estate. But what happens if someone dies without a will? The court can appoint an administrator or…
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Take Appeal & Supersedeas Bonds Into Account At Start of Cases
When attorneys start thinking about a pending legal case, they’re usually thinking about the evidence they have on their side, legal precedent, or the credibility of their witnesses. It’s pretty safe to say they’re not…
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Why do Contract Surety Bonds Matter in Construction?
Construction is an expensive and risky business where there is the danger of contractors not being able to undertake the projects at the amounts they bid. There’s a second area of concern too, as payment…
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Surety Industry to Nearly Double in Next Decade Due to Contract Surety
The global surety market is expected to grow to over $28 billion by the year 2027, up from $15.33 billion in 2018. The growth of nearly 100% is expected due to the imminent replacement of…
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