A living will is a useful tool that lets your medical team know what treatments and procedures you are willing to have and which ones you don't want to endure. For the most part, doctors, nurses and other medical professionals are bound by the terms of the health care directive.
You and your spouse have lived in Frankfort all your lives. You starting dating in high school and got married not long after. Ten years later, you have two children together. You both work and you have been very successful.
Knowing that you owe people money can be an incredibly stressful experience. When you have to deal with creditors who are contacting you, it might feel like you don't have any options other than to keep dodging the calls!
The end of each year is a rough time for many people who use credit cards to cover holiday expenses. This means that throughout the following year, they are left to try to pay off those debts so that they can charge things on the cards for the upcoming holiday season.
Child custody cases are often a challenge for the parents. These cases put two adults who couldn't make a marriage or relationship work in a situation where they must find a way to get along. When you and your ex opt to co-parent, you might find that there are specific challenges that come up.
You've decided that bankruptcy might be the right choice for you, but you don't want to lose everything you've worked for. You fell on hard times after getting let go from your job, and now there's no way to make ends meet.
It only takes a few missed days of work, a sudden illness or other unexpected expense to put you behind on your bills. Especially if you have credit cards, financed vehicles, personal loans or other monthly payments, a missing paycheck or an emergency expense can result in all kinds of issues. Once you miss a payment, you're hit with fees. Then, perhaps you're over the limit with that fee, so that's another fee. Even when fees aren't the problem, you may not have the money to catch up on what you owe.
Parents who are going through a divorce face some challenges that people without children don't have to worry about. Since your children are impacted by the divorce, you need to consider how each decision you make now can impact them.
Coming to terms with your financial state might be rather shocking, especially if you find that you have more debt than you realized. For many people, delving into the finances is very difficult because it might seem like the debt is insurmountable.
Some young adults think that they don't need to handle estate planning matters right away. While it might be true that these individuals have a lot of time left on the Earth, you just can't predict what might happen. Estate planning is best done as early as possible.