People often find themselves in unfamiliar situations where they could use a bit of legal advice. However, they might not be sure of who to turn to. Consulting with an attorney near you will usually be an appropriate step to take. However, what kind of lawyer does each situation require? This guide will walk individuals through several types of lawyers who handle specific types of cases in the most common areas of law: financial, business, civil, and personal law.
Though end-of-life care is not always the most comfortable topic to discuss, it is a necessary aspect to consider when seniors are coordinating their finances. Estate planning for seniors should not be a challenging subject, but many people find it hard to keep track of all the elements that asset protection can involve. From trusts to tax reduction and everything else in between, asset protection for seniors can be a simple process for many seniors. It bodes well to consider […]
Everyone has an estate, even those who do not consider themselves wealthy. An estate is comprised of anything someone owns including their home, vehicle, bank accounts, life insurance policies and other personal possessions like jewelry. Estate planning is the process of determining what will be given to who (individuals and organizations), when an untimely death occurs. Top family law attorneys emphasize the critical nature of estate planning. Here are some of the most common questions they receive regarding this topic.
You know you’re getting older when you start to think about socking away some money for retirement instead of enjoying that second cup of latte every day. Sure, that foamy cup of wonder gets you through a long afternoon at work, but foregoing that second treat and putting the money toward a retirement account and watching that account grow, will also give you a warm feeling inside.
Many people do not have a good understanding of what a trust is; or how it is different from a will. There are many different types of trusts but the main purpose and benefit of having a trust is to keep a person’s estate out of probate after they have died. The biggest difference between a trust and a will is that upon death the property will not enter probate. Even with a will in place, property has to go […]