February 2, 2009 The recently enacted Housing and Economic Recovery Act allows first-time homebuyers to take advantage of a new IRS tax credit. Here is an update from the IRS with common questions and answers: http://www.irs.gov/newsroom/article/0,,id=186831,00.html Please contact an attorney at Khani & Auerbach to learn how we can assist you with the purchase of your new home or the refinance of an existing residence. January 1, 2009 The new year is an excellent time to create, update or review your current estate plan. Annual updating and review of an estate plan serves three purposes: (1) It reminds clients to think about their estate plans and determine if any changes are needed, and also to update us on the funding of their revocable living trusts; (2) It gives our firm the opportunity to keep our clients informed about changes in the law; and (3) It gives our clients the opportunity to learn about new or improved estate planning techniques that they should consider as part of their estate plans. Please contact an attorney at Khani & Auerbach to learn how we can assist you with your estate planning needs. December 9, 2008 Mortgage Lenders are having a diffuclt time proving ownership of the mortgages they are attempting to foreclose. Here is a New York Times article on this issue: http://www.nytimes.com/2007/11/15/business/15lend.html?_r=2&oref=slo Please contact one of the attorneys at Khani & Auerbach to learn more about the foreclosure process. |