Previously, this blog discussed how many Americans are struggling to pay off their credit card bills. This, when taken together with other debts, including medical expenses, income hardships from a lost job, reduced hours or decreased pay, can leave an individual in a...
Month: August 2017
The types of claims in a Chapter 13 bankruptcy
Illinois residents who are facing financial difficulties may struggle to find a way to secure their financial future. Working overtime and additional jobs may not be enough to overcome their debts, leaving them fearful for their future. These individuals should take...
What types of trusts can be created in an estate plan?
Estate planning is critical for anyone who hopes to pass assets to beneficiaries. Without an estate plan, one's possessions and cash may be distributed in a fashion that doesn't suit their desires. Yet, even those who know this truth find it difficult to proceed with...
Child custody and parental relocation
When a divorce is finalized, parties may find themselves breathing a sigh of relief, and for good measure. Divorce, after all, marks a new beginning, and former spouses may be happy to put behind them the emotional pain they suffered during the marriage and the...
Philip Seymour Hoffman’s estate planning mistakes
Planning for death is difficult for most people, as very few of us want to think about our own mortality. Yet, planning for the distribution of your assets can be a great way to put your mind at ease and ensure that your beneficiaries are recipient to whatever...
Estate planning is important in all life stages
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...