Aba Real Property Trust And Estate Law Section
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FAQ
Real estate law, or real property law, generally refers to the laws controlling the ownership or use of land in the United States. Real estate law is a branch of civil law that covers the right to own, possess, use, and enjoy land and the permanent man-made additions attached to it.
Estate planning tasks include making a will, setting up trusts and/or making charitable donations to limit estate taxes, naming an executor and beneficiaries, and setting up funeral arrangements.
Property law also deals with numerous legal issues like easements, mortgages, leases, and adverse possession. Easements grant individuals the right to use a portion of another person's property for specific purposes, while mortgages enable individuals to secure loans using their property as collateral.
A will covers what will happen to your family and property after you die. An estate plan has a will but also includes other documents protecting your family and property while you are alive but incapacitated. An estate plan guides your loved ones in handling your financial affairs and medical care.
Real estate law, or real property law, generally refers to the laws controlling the ownership or use of land in the United States. Real estate law is a branch of civil law that covers the right to own, possess, use, and enjoy land and the permanent man-made additions attached to it.