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Tips for estate planning in 2019

If you can believe it, we are a couple months into 2019, and tax season is already upon us. This means it is the perfect time to reassess your estate planning strategies for the new year. 

You must make plenty of new considerations concerning your estate plan this year. Here are some tips for estate planning in 2019. 

What can you do to grow your real estate investments?

If you've already started investing in real estate, then you know that the improving economy means your properties are likely to appreciate. You want to continue to earn, but the likelihood of making large returns is lower when property values go up. You have to buy at higher rates, and that means potentially lower profits.

Since it's not a buyer's market, you may not want to buy just any property you see. There are some things you can still do to make good investments, though.

4 killed in merging accident on Garden State Parkway

When you hear about a vehicle hitting the rear-end of another, you often believe it's the driver of the rear vehicle who is to blame. That isn't always the reality, though. There are special cases, like when traffic to the right is attempting to merge, that the vehicle already in a lane should have the right of way.

Take, for example, any major highway. There are long acceleration lanes where drivers are expected to speed up and merge into oncoming traffic. However, if they can't merge safely, they do have to stop and yield to traffic that is already in the highway lane. Traffic on the freeway always has the right of way, because it's moving at high speeds and already in-lane.

What should you do to increase your real estate portfolio?

As someone with a firm understanding of what it takes to grow your investments, one of the things you've always wanted to do was to begin investing in real estate. Real estate has the potential to increase in value exponentially, which can boost your portfolio's worth.

The question you may be asking yourself is how to grow those investments without harming your bottom line. You don't want to risk a lot, but you still want to make solid gains. Here are a few tips for choosing real estate carefully.

3 essential estate planning considerations

Estate planning is a necessary process to determine what happens to your wealth and belongings after you die. An estate plan can also lay out your wishes regarding end-of-life care and establish guardianship of adults with special needs or elderly people. But it can be confusing to know exactly what type of documents you need to cover all your bases.

Every estate plan is different. Yours may be simpler or more complex than others. But there are still some essential documents and actions that everyone should consider.

It's possible to deal with nonpaying tenants in a positive way

If you're a landlord, the likelihood is that there will be a time when you have to deal with a bad tenant. There are situations that might be avoidable, though, especially if you take the time to call references, do background checks and enter the property with notice at least every few months.

One of the most common problems that landlords face is when the tenants refuse to make payments on rent. They can withhold rent legally for some reasons, but if there are no maintenance issues and the property is safe, the reality is that they should be paying on time. Communication is important if a tenant is late on their rent. It's important to talk to them about why they're late and what you can do to help. If the tenant is struggling with bills, for example, you might be able to offer them an extension for this month.

What to do after a slip and fall at a business

When you walk into a store or restaurant, you expect the premises to be safe. However, every year, thousands of people sustain injuries after falling, many times due to someone else's negligence. One study the National Floor Safety Institute reported on found that approximately 30 percent of all people over the age of 65 will slip and fall in a given year. 10 percent of these slip and fall incidents result in serious injuries. 

You may feel disoriented after falling inside a business. However, it is paramount you follow these steps in case your incident ends up in court. 

Driver facing 8 counts after causing death, injuries

If you're headed to work, school or another location, the last thing you expect is to have your life turned upside down. You're imagining what you'll do when you get there, not that you won't make it there at all.

Unfortunately, drunk drivers are on the roads and create a significant risk to those around them. Take, for example, a case out of New Jersey, where a driver's blood alcohol content (BAC) was almost three times higher than the limit.

How can you protect yourself as a landlord?

As a landlord, one of the things you're likely concerned about is making sure that your properties stay in good condition. You take security deposits, but if someone ruins the property, it'll take more than just a few hundred dollars to resolve the problem.

It's wise to take the steps you can to prevent legal issues ahead of time, so you can avoid going to court if at all possible. Here are a few things to do to protect yourself as a landlord.

Protect yourself by behaving properly in court

When you go to court on a criminal charge, there are some things you need to know about how to act. If you don't have a good understanding of what to do -- and what not to do -- you could hurt your case without even saying a word.

Your criminal defense attorney will help you learn more about how your actions can affect you when you attend court. Here are a few tips, however, to get you started.

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