Hold an inheritance in trust instead of giving it to a beneficiary outright. Had the brokerage account in the above scenario been held by a properly drafted trust of which your child was the beneficiary instead of being left to your...
Hold an inheritance in trust instead of giving it to a beneficiary outright. Had the brokerage account in the above scenario been held by a properly drafted trust of which your child was the beneficiary instead of being left to your...
A traffic ticket can be expensive, but it is important to understand that ignoring a traffic ticket does not make it go away and could actually result in additional fines, suspension of your license, or even a warrant for your arrest....
Keep calm and still, with your hands on the steering wheel. You should stay in your vehicle, avoid making any sudden movements, and keep your hands in sight on the steering wheel. If you need to move, you should tell the...
According to the National Census Bureau, grandparent-headed homes are among the fastest growing household types in the United States. Grandparent-headed homes are defined as living arrangements where the primary financial and caregiving responsibilities are held by one or more grandparents rather than a parent. Though the...
#1 Establish a Comprehensive Plan
Most estate planning attorneys will say that no person should use a “do-it-yourself” will kit to establish their estate plan. If you have a child with special needs, it is extremely important to seek competent legal counsel from an...
If your family law case doesn't settle, you will be headed to court. Being in front of a judge can be intimidating, but there are some practical tips you can take before and during trial to make it go more smoothly.
Before trial
Document as much as...
Preparing for the future is an uncertain business, but there are steps you can take during your lifetime to simplify matters for your loved ones after you pass, and to ensure your final wishes are carried out. Planning for what happens to your property, or who...
Workplace romances are never advisable, but sometimes co-workers and business partners fall in love and get married. Unfortunately, they also sometimes fall out of love and get divorced. What happens next?
For some couples, the end of the marriage parallels the end of their working relationship—and possibly...
If you are married for the first time and are working on your estate plan, the decisions about where the assets go are usually easy. Most parents in that situation want their entire estate to go to the surviving spouse, and upon the death of the...
With all the focus on division of property in divorce, an important aspect often gets looked over. Where does the marital debt go? Marital debt will be subject to division just like the assets. From mortgages to credit card debt, someone will be responsible for taking...