How Simple Mistakes Can Cost Families Thousands of Dollars By Maury Osbourne Imagine being 82 and finding out your life insurance policy was canceled over a lapse in payments you weren’t even aware occurred. Yikes! That’s exactly what happened to Chicago octogenarian Dolly Janowiak, who lost her $100,000 policy after she accidentally failed to pay …
A recent news story about a Florida retiree facing foreclosure after discovering an undisclosed reverse mortgage serves as a sobering reminder: assumptions about real estate can be financially dangerous. In that case, a son believed his late mother’s home was fully paid off. Years later, he learned a reverse mortgage had been taken out decades …
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When families discover that a deceased loved one had unclaimed or abandoned assets, one of the first questions they often ask is: “Why didn’t the attorney find this?” It’s a fair question—after all, estate attorneys handle probate, inheritance transfers, and legal oversight. However, locating unclaimed funds is not typically part of the legal responsibilities assigned …
Read more “Why an Attorney May Not Have Found Abandoned Money During Estate Proceedings”