Estate administration can be an overwhelming and convoluted process, often taking place during an emotionally challenging time. For this reason, it might be tempting to hand over the entire process to a single executor. However, involving all family members can make...
You know what you want to write in an estate plan. Maybe you have had older relatives pass away. You understand that an estate plan can be very helpful in providing guidance for the family and distributing assets. At the same time, maybe you are only in your 20s or...
The repayment plan is one of the main differences between Chapter 13 and Chapter 7 bankruptcy. Filers pursuing Chapter 13 relief have to commit to a structured series of payments that may last anywhere from three to five years. They pay down their eligible unsecured...
The realization that you have financial difficulties is one that’s hard to deal with because it’s not like you can just stop paying all your bills and still live a normal life. Many people assume that being irresponsible with money is the cause of financial...
Realizing that you can’t cover your normal life expenses and make the payments necessary to cover debts can be difficult. Your focus will likely turn to trying to find a way to take care of your finances. One option is to file bankruptcy. Many people who file for...
When someone passes away, their belongings go through a legal process called probate. This helps ensure everything is passed down to the right people. While most people think of bank accounts and homes, people sometimes have one-of-a-kind treasures, such as a vintage...
When a loved one passes away, the expectation is often that their estate will be passed down to the beneficiaries named in their will or trust. However, the reality can be more complicated, especially when debts come into play. One common and troubling question many...
Bankruptcy is a challenging time because you likely realize that you need to do something to take control of your finances, but you also know that you can’t afford to pay the debts you have and stay afloat. Once you decide to file for bankruptcy, you will likely start...
Creditors often use frequent communication via calls, email, mail, texts or direct messaging to try to collect debts. If you know that you don’t have the money to pay them while being able to pay for life’s necessities, you may feel stress each time you’re contacted...
Probate disputes can happen for a number of reasons, and one of the most common is undue influence. The claim is essentially that someone else influenced the estate plan. It doesn’t reflect the person’s true wishes. Often, the person who is accused of using undue...
