When a relative passes away, there are a myriad of factors to think about. Among those concerns may be debt that relative still owed when they passed – but what becomes of that debt? The good news is, generally speaking, you will not be responsible for that debt. Such a debt would only attach to…
(Guest Article; Words by: Harry Cline at newcaregiver.org) No matter what age you are, getting married can bring a multitude of benefits. Along with the obvious companionship that comes with finding a spouse, there can be a number of legal and financial benefits that come your way as a side effect. If you’re currently…
Author: Sara Bailey (https://thewidow.net/) Preparing for retirement and undertaking estate planning are crucial and have profound effects on your later quality of life and on your children, if you have any. Deciding how to distribute your assets once your life has concluded empowers you to control your legacy and benefit your loved ones. Many people…
Your relative has died. Now what? Do you need to open a probate case? What is a probate case? When someone passes away and they have left assets in their name alone (for more details on what needs to be probated, see our blog post: The Non-Probate Pail) you will likely need to open up…
When people think about Wills, the focus is usually on property: whether that is the house, money, cars, the old jewelry collection, or whatever else the deceased may have owned. While that is a big part of the story when it comes to estate planning, the person who is chosen to be personal representative can…
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Last month, I was asked by a publication I contribute articles to about 4-6 times a year, to write an article on Motherhood. WHAT DO I SAY?? I mean, I’m limited to approximately 750 words and Motherhood is such a vast subject. Do I talk about the late nights? Do I talk about the worries?…
When most people think of dying and the cost associated with this event, they often only consider the funeral and burial/cremation expenses. It isnβt until a few weeks later when they are left with their relativeβs belongings, assets, accounts (and sometimes pets) that they realize they need to hire an attorney and open a case…
“Estate planning is for the wealthy.” “I donβt have any assets so is it worth it?” “I donβt want to think of those negative things.” “I donβt have money to pay a lawyer.” “I have my wishes written down on a napkin somewhere.” “My spouse knows my wishes.” “I donβt have time for that.” “My…
Oh teachers… you can pretty much ask for a Rolex these days, and I think your class would cash in on their IRA’s just to get it for you. Okay… maybe I’m exaggerating a bit but if there were any year to learn to appreciate the job of a teacher, it’s 2020.Β As a mom…
