estate planning

Short Sales: The Long and Short of It

The word “Foreclosure” itself can often be scary enough to push some folks towards a Short Sale without fully understanding the Short Sale process. While a Short Sale is probably preferable to a Foreclosure, it is definitely inferior to selling to a real estate investor if that option is available. And the property may not need to be sold at all if a feasible Chapter 13 Bankruptcy is possible. A consultation with a “one-stop homeowner’s legal shop” like Gomez & Simone is the definitely the best way to find out what options are available to you.Read More

Alternatives to Living Trusts

Alternatives to Living Trusts: Faster, Cheaper and Not Worth It

Good for you if you’ve been considering to begin your estate planning. Gomez & Simone recommends a four-part Estate Planning Package, available to you for an affordable price. But lately many have touting “new-fangled” cheaper or nearly no-cost alternatives. Find out the downside of these budget alternatives to the Living Trust and Pour-Over Will that we recommend.Read More

Reason to Avoid Foreclosure

The End of an Era – HAMP is over

Amid the worst financial crisis in United States history, the Federal Government set out to help millions of homeowners on the brink of foreclosure. Falling behind on mortgage payments was no longer a personal issue but rather a national problem. In 2008, a mass effort to lower foreclosure rates was launched by the Obama administration through the Home Affordable Modification program(HAMP)…Read More