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2018-08-01 Protecting your Most Valuable Investment and Getting Your Legal/Financial Affairs in Order in Real Estate Investing | By: Larry D. Hudson

Protecting your Most Valuable Investment and Getting Your Legal/Financial Affairs in Order in Real Estate Investing
by Larry D. Hudson 


As a real estate owner you are a target. Property and mortgage fraud is rare but growing. It has happened here in our own community. When a criminal files fraudulent documents claiming ownership of your home, that can enable the fraudster to borrow thousands of dollars against your home or other real estate. The Montgomery County Recorder's Office offered a Fraud Alert Notification System for all property owners within Montgomery County to help combat this financial fraud. Montgomery County Auditor Brandon McClain demonstrated how to sign up for the program.

 
Estate planning is important for everyone – but it may be even more important for you, the successful real estate investor. You probably acquired your real estate investments over a period of years, under a variety of terms and circumstances. You need a plan for the future -- to minimize taxes, avoid the expensive process of probate, and to keep assets in your family. What happens if you’re suddenly unable to control your real estate holdings because of an accident or failing health? Financial planners John Hartman and attorney Bob Buechner provided answers.
 
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