Chapter 4

The Lawyer: Courts, Contracts, and Crisis

Introduction

Everyone must deal with the law. That is especially true for people in business. The accountant is schooled in tax law, the realtor is schooled in contract law, and bankers and brokers swim in a sea of legal regulations. But while law governs the business of accountants, realtors, bankers, and brokers, for lawyers, the law is their business. Regardless of specialty, the lawyer is schooled in every field of law. As a result, one of the most important roles for the lawyer in settling an estate is to coordinate the rest of the team. Without a coordinated effort, the executor’s job becomes chaotic.

For example, a contractor cannot begin repairs on a home until the auctioneer and the ...

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