When it comes to inheriting money or property, most parents treat their children equally. But sometimes, parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be that a child who
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Many of our clients ask us this question. You can find out whether you need a trust and, if so, what kind is best for you by reading on. For example, maybe you have a disabled child and you want a trust
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A trust has been set up for your friend Rose, and you have been asked to be a trustee. While you want to help, you are concerned about the responsibilities involved. You would be managing Rose’s property for her and for others
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Will a fresh start in a bankruptcy keep me from renting an apartment or renewing the lease on my existing apartment? Here’s what you need to know about renting an apartment while in chapter 7 bankruptcy. How do I find an apartment
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Many people are currently drowning in debt but are unable to obtain a fresh start in bankruptcy because their seven-year-old vehicle suddenly has $10,000.00 in equity which would cause them to lose their vehicle in a chapter 7 bankruptcy. Vehicles typically depreciate
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The bankruptcy code limits the amount of debt that a person may have in their chapter 13 bankruptcy in 11 U.S.C § 109. The code provides that the chapter 13 income limits shall be adjusted every three years on April 1st along
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Like 2020, 2021 has been one for the record books. For the first time ever, young Americans (aged eighteen to thirty-four) are more likely to have a will than their older counterparts (aged thirty-five to fifty-four). The COVID-19 pandemic has forced younger Americans
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Probate is a court-supervised process for identifying and gathering the assets of a deceased person (the “decedent”), paying the decedent’s debts, and distributing the decedent’s assets to his or her beneficiaries. But what does this mean in plain English? Many people looking to
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Overview: Judge Colton dealt with this issue in an adversary proceeding that a landlord filed against bankruptcy debtors. The landlord alleged that the debtors lied on their rental application. The Rental Application: Specifically, the debtors had listed that both the husband
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We plan to go on vacation. We plan to have dinner with friends. But when it comes to planning for how we will be taken care of as we advance in age, many of us prefer not to think about it,
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