Quick Guide to Successions

Successions Without Administration: This type of succession is recommended for estates worth more than $75,000 and that are not overly complex. This is the most common type of succession in Louisiana. In this type of succession the executor of the estate is approved as an independent executor and they are free to manage the estate’s

smart homes

When a house is being sold, the prevailing notion is that the seller is still entitled to everything not screwed or embedded into the property upon final walk through. For decades, an emptied house looks roughly the same no matter where you are: empty walls, while plugs and light switches remain. Today, more and more

It is important to understand what risks you may be susceptible to if using a free (or nearly free) email service like Gmail, Hotmail & Yahoo. It is often trivial to compromise an account on these email services, once this happens, it is not very difficult to figure out the parties involved in a closing

Successions and Real Estate

Let’s face it, no one wants to deal with a succession. Opening a succession means someone close to you has died. After funeral costs, medical bills, and other debts, the last thing an heir wants to do is pay an attorney to be able to take ownership of the property that was rightfully left to

Building a brand new home on an empty lot is like having a blank canvas to make all your own. So if you are the first one to live in your home, can you skip the title insurance? Title Insurance helps protect you and your lender from certain risks that could be associated with the

CFPB Wells Fargo Case

The Consumer Financial Protection Bureau has rightly emerged as the hero in the story this month about fraudulent practices at Wells Fargo. The bureau was the lead agency in the investigation of the bank, where some 5,300 employees (now fired) illegally opened millions of unauthorized bank and credit card accounts in customers’ names in order

In the last year a new rule was placed on the lender for real estate closing transactions. The new regulation include the Three Day Closing Disclosure Rule, which can affect the date of a closing. This graphic serves as a reference tool that follows in compliance with the regulated Closing Disclosure timeline, which lenders must adhere to.  

Happy Birthday to Us!

There is a common misconception that Title Stream is still a company in its infancy, having turned 3 this year.  Title Stream, LLC was formerly known as Stewart Title of Louisiana, changing its name on July 1, 2013 and becoming 100% locally owned. Previously operating under the name of Stewart Title of Louisiana, it was a

1031 Tax Deferred Exchange Basics

"No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment, if such property is exchanged solely for property of like-kind which is to be held either for productive use in a trade or business or for investment." Purpose: to defer taxation