When you pass away, your will, trusts and other estate documents will help determine what happens next. Your will is important because it describes how you’re passing on your assets to your heirs. If your heirs are not happy with the distribution, there is a chance...
Month: September 2021
What are the 3 big differences between Chapter 7 and 13 filings?
Individuals and businesses can potentially file for bankruptcy. Individuals dealing with overwhelming amounts of personal debt often choose between a Chapter 7 bankruptcy and a Chapter 13 filing. Trying to determine which form of bankruptcy would work better requires...
What to do with valuable collections during estate planning
When a will is executed, the thimble or shot glass collection is usually only given a cursory amount of consideration. Not all collections are equal. Serious collectors have dedicated a lifetime to the building of their prized collection. Art, antique cars,...
Bankruptcy: Can I keep my business?
Bankruptcy is a daunting prospect for anyone, particularly if it involves the potential loss of a business. However, does bankruptcy always lead to business owners having to liquidate their assets? In truth, the answer will vary depending on the circumstances of each...