Having kids is a great joy, of course. But if you're divorced, it can create complications if you want to move out of town. For example, imagine you get an amazing job offer in another state, but your child custody orders say that you can't move with your kids across state lines.
In general, real estate can be one of the best and most secure means of investing your money. In many regions, real estate prices continue to climb year after year. There will also always be demand for housing, so purchasing investment properties can be a means of making regular income for years or lump-sum profits if you fix them up and then re-list them for a higher price.
Many people put off planning their estate or creating a last will for years. You know that once you get married or buy a house that you ought to do it, but you keep finding excuses not to.
Imagine that after more than 20 years of marriage, you and your husband have decided to divorce. Now that your children are grown and living in homes of their own, you will not have to worry about a custody battle. However, during the course of your marriage, you and your husband acquired quite extensive assets. From investment real estate to a diversified portfolio of stocks and bonds in addition to your retirement accounts, dividing your marital property may be a complex endeavor.
Imagine this situation: You’re looking to rent space in a new shopping mall development. You know the location is perfect, but you aren’t sure that you’ll be able to make things work out with regard to your lease.