Our Schnauer & Co (SCO) team provide essential support and guidance when dealing with a life interest, ensuring that your rights and obligations are clearly understood and properly managed.
- Drafting and Reviewing Life Interest Agreements: We draft and review life interest agreements to ensure they are clear, fair, and protect the interests of all parties involved.
- Understanding Rights and Obligations: We provide detailed explanations of the rights and obligations associated with a life interest, ensuring you understand your entitlements and responsibilities.
- Estate Planning: We incorporate life interests into your broader estate planning strategy, ensuring that your wishes are clearly documented and legally enforceable.
- Tax Implications: We offer guidance on the tax implications of life interests, including any potential liabilities or benefits, to help you make informed decisions.
- Property Management: We assist with the management of property subject to a life interest, including maintenance responsibilities and the rights of remaindermen (those who inherit the property after the life interest ends).
- Dispute Resolution: If disputes arise regarding the life interest, we offer effective dispute resolution services to protect your interests and achieve a fair outcome.
- Modification and Termination: We provide advice on the modification or termination of life interests, ensuring that any changes are legally sound and properly documented.
- Ongoing Legal Support: Our experienced lawyers and legal executives offer ongoing legal advice and support, ensuring you have a trusted advisor to turn to for any issues that may arise.