The Law Offices of James T. Marasco
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Providence: 401-421-7500 | Narragansett: 401-789-1800

April 2019 Archives

Avoid these common and costly mistakes as a landlord

Becoming a landlord in Rhode Island can be a great way to obtain a steady revenue stream that can help you support yourself or your family, but the landlord role is not always an easy one. Often, new landlords, or inexperienced landlords, make similar errors that wind up costing them considerable money, and recognizing what these common errors are can help you learn how to avoid them. At the Law Offices of James T. Marasco, we are well-versed in the challenges affecting the state’s landlords, and we have helped many people in your shoes pursue solutions that meet their needs.

If you have children, you need to name a guardian for them

Many people think of estate planning as something that you do when you approach retirement age. However, putting it off that long could endanger the people that depend on you the most. It's a common estate planning mistake. You should commit yourself to estate planning if you have children because their future security could depend on what you put into your last will.

Restaurateur's estate virtually gone in six years

When setting one's estate plans in Providence, it is vitally important that the right people be asked to fill the right roles. Selecting an executor, personal representative or trustee should be a decision that a testator takes very seriously, given the authority that the people in those roles are empowered with. Typically, one establishes a very clear direction with how they want their estate to be managed, whether that be to immediate disperse funds to beneficiaries or generate income for them over time. Poor decisions on the part of a trustee or personal representative can easily derail those plans. 

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Providence Office
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Providence, RI 02908

Phone: 401-421-7500
Fax: 401-331-2300
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Narragansett Office
118 Point Judith Road
Narragansett, RI 02882

Phone: 401-789-1800
Fax: 401-331-2300
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Providence: 401-421-7500 | Narragansett: 401-789-1800 | Fax: 401-331-2300
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