If you have a minor child, it's crucial to nominate a guardian in your will whom the court will consider appointing when you are unable to take care of your child. The party you choose should possess the qualities necessary for raising your child as you would have....
Month: May 2025
3 types of estate beneficiaries who can’t inherit directly
The simplest estate plans often involve testators identifying their beneficiaries and leaving assets for those people in a will. In some cases, they may not even earmark specific assets for individual beneficiaries. Other circumstances require more planning and...
How to plan for incapacity before it’s too late
Imagine being too sick or incapacitated by an injury to manage your finances or make medical choices. Without a plan, your family could face costly court battles just to step in and help. Planning for incapacity ensures your wishes are honored and gives your loved...
What is an automatic stay’s role in bankruptcy?
When a person files bankruptcy, they have to submit a form that contains all of their creditors. They can’t pick and choose who to include on that list. Once they have done this, the creditors will have to wait for the bankruptcy trustee to determine what, if any,...
