If you have a child or dependent who will require care long after you're gone, you'll want to seriously consider a special needs trust. A trust will allow your loved one to still receive disability-related benefits, while also giving their carers access to property and funds to continue properly caring for them upon your death. What are the Benefits? Instead of leaving a lump sum of money or other assets to a loved one who is either mentally or physically disabled, a special needs trust will allow them use of such things without jeopardizing the aid they already receive.
Dealing with an automobile accident is never an easy task, but it can be even more difficult if you have complicated legal proceedings to deal with afterward. Having someone on your side can make the entire process much more bearable. Here's a look at three of the biggest reasons you should hire an attorney to handle your auto accident case. Reason #1: They Know What Your Claim Is Worth If there's a theme in the reasons why you should let an attorney help you with your auto accident case, it's experience.
Are you engaged to be married? While you may be busy with wedding planning, it's also important that you take care of some financial planning. When you get married, you'll be combining incomes, assets, and even debt with your new spouse. While you'll likely have a long and happy marriage, it's always good to prepare for the possibility that you may not. In the event of a divorce, unwinding your combined finances could be tricky.
Divorce hurts -- no doubt about it. It hurts your offspring perhaps the most, and this is partly because they are powerless to do anything about it. They also can feel torn in their loyalties between you and your ex. It is important for you to avoid making the following mistakes that can harm your children. 1. Refuse to Cooperate or Negotiate with the Other Parent While dividing up your assets may be difficult and take some time, issues involving your children should take precedence.
Are you having trouble paying your mortgage? Have you fallen months behind on your payments? If so, foreclosure may be looming on the horizon. Very often, struggling homeowners choose to ignore the problem, hoping that it will somehow go away on its own. That's usually a mistake. Your lender probably doesn't want to foreclose on your home. That will leave them with a property that they'll have to maintain and sell.