A successful bankruptcy filing can significantly improve someone's financial circumstances. Bankruptcy can reduce how much someone has to pay toward debt every month and protect their current assets and future income from collection efforts. Those who have acquired a...
Month: September 2023
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What is a Totten trust?
A Totten trust, which is a type of bank account, can be part of estate planning. You can set this up at your financial institution and name a beneficiary for that account. You can choose virtually whomever you want as the beneficiary. Some people choose family...
Do you need a Letter of Intent for your estate plan?
When it comes to estate planning, many individuals focus on wills, trusts and other legal documents. However, one often overlooked but valuable addition to your estate plan is a "Letter of Intent." However, you may wonder if this Letter of Intent is necessary. Does...