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Beginning the estate planning process at any stage in your life is essential in preparing for your future. Writing a will ensures that the court and your family follow your wishes for your assets and property after your death. You may think creating a will on your...
When a loved one passes away, managing their estate and handling the reading of the will can be an emotional and difficult process. When someone decides to contest the will, it is important that you stand up for what you believe in. If you have faith that the will is...
Chapter 7 bankruptcy is a last resort that gives individuals and families a second chance at catching up on overwhelming bills and debts. Sometimes known as "liquidation bankruptcy," Chapter 7 discharges your unsecured debts and puts a stay on required payments while...
From unexpected medical bills to divorce or losing a job, you may get to the point where bankruptcy provides the best solution. According to the United States Courts, 399,269 people filed for bankruptcy in 2021. As you go through the process, you find yourself wanting...
When personal debts become impossible to manage, filing for bankruptcy might be your only choice for getting your finances under control again. There are multiple types of bankruptcy filing options, but Chapter 13 bankruptcy is often the best path for individuals who...
Chapter 7 bankruptcy is a tool that offers debtors a chance to wipe out certain debts. Certain debts, such as taxes, are not discharged under Chapter 7. Depending on your tax type, a Chapter 7 bankruptcy may discharge your tax debt. Income taxes If you meet specific...
Careful estate planning helps to ensure an easier process for your family after you pass away. Your executor plays an important role in your estate planning. You must appoint a responsible, organized and trustworthy person to carry out your intentions as outlined in...
If you are thinking of filing for bankruptcy, you might wonder whether your spouse also needs to file and what impact it could have on their finances. Being married does not mean you must file together, and there are several situations where you or your spouse might...
While most adults are aware of the necessity of a will, they overlook other documents available in estate planning that can provide guidance for your loved ones in the event that you become incapacitated. Thorough estate planning makes it easier for your loved ones to...
Estate planning is important for all couples but is particularly important for same-sex couples. Though federal law recognizes same-sex unions in all 50 states, state laws may not, making it particularly important to specify your wishes regarding medical care, asset...
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