When shopping around for an experienced legal professional to represent you on a matter as sensitive and exigent as your own bankruptcy, it’s critical to pick the right partner. As part of that, you will want to make sure you are prepared for a rigorous screening process. Filing for bankruptcy is no simple matter, and
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Death can come suddenly and unexpectedly, and it is rare to be prepared for it. As a matter of fact, nearly half of all Americans over the age of 55 do not have a will, and only 18 percent of Americans above age 55 have an established estate plan (with more than just a will).
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It is incredibly stressful to be a new parent. Parenting is not something that anyone can be adequately prepared for. No matter how long you have thought about it and how much you have read about it. But between weathering the many sleepless nights and stressing endlessly over baby products, and the many challenges of
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The law is a rather precise thing – especially contract law. There is a reason lawyers stress the importance of pouring over the bylaws and the fine print. When sitting down to pen an agreement between two parties, every little detail counts. Conduct needs to be discussed twice and thrice over, conditions need to be
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In estate planning terms, a trust is both an agreement and an entity, created for the purpose of holding assets and accounts ‘in trust’ until they are ready to be distributed to designated beneficiaries. Trusts must be ‘funded’, which involves amending the assets mentioned within the trust document to reflect that they are now part
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As we enter a new decade, we gather to set our goals for the year and reflect on the progress made in the last 12 months. Just as it is time for a little spring cleaning, it might also be the perfect time of the year to revisit a crucial element of your family’s financial
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When it comes to real estate and estate planning, there are many different options available to you. In real estate, you could find land for a mobile home or rent a space. You could buy a home, or take out a loan for one. As well as using your home to finance other endeavors. You
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If you have been chosen as a trustee to one’s living trust, then understanding your responsibilities is crucial. The position of trustee places a considerable amount of work on your shoulders. It will be largely upon you to fulfill a trust’s purpose, over a indeterminate amount of time. In many ways, it’s an absolute honor
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The biggest estate planning mistake people make is to begin worrying estate planning concerns too late. It is never too soon to plan your finances, especially because people do not know the future. While financial planning is the key to maintaining wealth, not preparing in the matters of your own estate could mean that everything
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A movement is growing to legalize electronic wills and trusts, which would allow people to complete the whole process online, without a lawyer or notary present. We live in a day and age where 81 percent of Americans possess a smartphone, and virtually everyone – 96 percent, as of 2016 – owns a cellphone
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