Your estate plan must accurately reflect your wishes. This includes ensuring you have everything in order in case you become incapacitated. The powers of attorney documents enable the person you choose to make specific decisions for you. It’s essential that you...
Year: 2022
Debt collectors must adhere to the law
Through no fault of your own, you’ve been struggling financially recently. This is currently the case for millions of Americans. You’re trying your best to get back on track, but debt collectors are making this very difficult. It feels like you can’t take a breath...
What’s your role as an estate executor?
When someone passes away, the person they named as executor presents their will for probate in the state and county where the deceased individual lived when they passed. The primary duty of an executor is to ensure that the wishes of the deceased person are carried...
3 estate plan updates you need to make once you have children
For many young professionals and new adults, the main focus of their first estate plan will be protection for themselves. Advanced directives and powers of attorney help ensure that you have someone you trust to advocate for you and manage your affairs in an...
Why filing bankruptcy is a common response to creditor lawsuits
Once you fall behind on your credit card payments or other financial obligations, you quickly learn to not answer the phone if you don't recognize the number. Collection calls can come in so often that you feel compelled to completely disable the ringer on your...
What should you include in your estate plan?
There’s a misconception that estate plans are only for individuals with a lot of assets or older individuals. However, the truth is, that estate planning is a smart and responsible step to take for all adults. Each estate plan is unique and based on your needs and...
Can a trust fund protect your child?
You want to ensure your child grows up happy and healthy – that may be why you started putting money away for their future. One of the first things parents should consider when protecting the future of their child is setting up a trust fund. A trust fund is an...
Do you need to make payments in a Chapter 13 bankruptcy?
What the average person knows about bankruptcy is often vague and may possibly be inaccurate. For example, people don't realize that there are several different kinds of bankruptcy available to individuals. They may think that the same rules apply to a Chapter 7...
The problem with drafting a will on your own
The internet has made almost everything much more accessible. You can do your banking online, gain an education and communicate with people across the world. You can also do your estate planning this way. However, is this in your best interests? There are numerous...
Bankruptcy could help with private student loans
If you’re struggling financially because of private student loans and have exhausted your options to pause them or pay them down, you may be interested in knowing about changes in how those loans are handled in bankruptcy. According to a New York-based federal appeals...