What Can You Expect When Hiring an Estate Planning Attorney?

Estate planning is critical for anyone that owns property and is over the age of eighteen. With estate planning, an individual can rest assured their wishes will be carried out so their estate can be settled according to their planned requests. Although individuals are not required to hire an estate planning attorney, hiring one makes the process much easier and ensures the estate planning documents are legally binding and appropriately filed.

How to Get Started With the Attorney

To get started, the individual needs to first schedule their appointment with the attorney and begin to gather all of their financial documents. There are several pieces of information the attorney will need to help their client in the process. The following should be brought to the appointment for estate planning.

  • Family information on everyone that will be mentioned in the will
  • Information on all non-retirement assets
  • Information on all retirement
Read the rest

Estate planning is critical for anyone that owns property and is over the age of eighteen. With estate planning, an individual can rest assured their wishes will be carried out so their estate can be settled according to their planned requests. Although individuals are not required to hire an estate planning attorney, hiring one makes the process much easier and ensures the estate planning documents are legally binding and appropriately filed.

How to Get Started With the Attorney

To get started, the individual needs to first schedule their appointment with the attorney and begin to gather all of their financial documents. There are several pieces of information the attorney will need to help their client in the process. The following should be brought to the appointment for estate planning.

  • Family information on everyone that will be mentioned in the will
  • Information on all non-retirement assets
  • Information on all retirement
Read the rest

Focusing on the Bright Spots of Filing for Bankruptcy

Most legal experts will insist that filing for chapter 7 bankruptcy is a last resort when all other efforts to manage debts have failed. Even though chapter 7 is something that should be done when all other recourses have been explored, there are a number of benefits that come from this type of financial move. It can be a difficult time in a person’s life when they realize that their finances have gotten to a point to where bankruptcy is a viable option, but the news isn’t all bad.

Discharging Debts

There are many instances where people filing for Chapter 7 can have their debts completely discharged through the courts. In some cases, people may have certain debts such as tax debts that are exempt from the bankruptcy process. However, there are many instances where people have accumulated a vast amount of credit debt that can be completely discharged through … Read the rest