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Legal Blog

Keeping Your Car Is Possible In Chapter 7 Bankruptcy

Owning a car is the foundation of financial stability. Unless you live in one of the few large U.S. cities that has reliable public transportation, you need your car to keep your job, and paycheck, as ...
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Special Needs Planning: Helping Children with Addictions

Parents who have children with special needs often pursue special-needs trusts used to supplement disability benefits. But a growing number of adult children suffer with addiction and mental illnesses ...
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How Tax Reform Changes to Roth IRA's Affects Estate Planning

How Tax Reform Changes to Roth IRA's Affects Estate Planning New tax laws will inevitably change whether some people take a standard deduction or itemize. For people concerned about their ...
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The Primary Reasons to Consider a Living Trust

If you are currently going through the process of estate planning, then you have likely been told at one point or another that you should consider a living trust rather than relying on just a will. ...
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Medicaid Look-back Period Explained: What You Should Know

The look back period is one of the most misunderstood areas of Medicaid. It deals with asset transfers and how this could affect the eligibility of elderly people who are looking for long-term ...
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What You Need to Know About the Power of Bankruptcy Judges

For anyone with debts who is considering filing for bankruptcy, the process can appear daunting. There are many quirks in the system, including the fact that bankruptcy court judges do not have the ...
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The Importance of Avoiding Late Loan Payments

Everybody knows they shouldn't wait until after the due date to make their loan payments. Yet, life can get in the way sometimes, and before you know it, you're late on a payment. On-time ...
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Keeping It In The Family: Parent-Child Transfers and How to Avoid Unreported Gifts

An important element of your financial portfolio includes estate planning - who will receive your assets, how will they be bestowed and protecting the value of the assets in the transfer. One option ...
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Foreclosure Credit Tips

A foreclosure can be damaging to your credit. It is just about as bad as filing for bankruptcy so you should talk to your lender and find a way to fix the problem. Once your credit is affected, it ...
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The Benefits of Hiring a Foreclosure Attorney

Are struggling to keep up with your house payments? If so, then you may be fearing imminent foreclosure and the threat of losing your home. However, the earlier in the process that you consult a ...
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Revocable Living Trusts Vs Wills - Which Is Right for You?

When planning your estate and figuring out a way to leave your assets to your children, you can choose to set up a will or a revocable living trust. Both have their pros and cons. Here are a few ...
Continue reading "Revocable Living Trusts Vs Wills - Which Is Right for You?" »

Will a Foreclosure Get Rid of My Debt?

Most people struggle to pay all of their bills. They live paycheck to paycheck, some with the help of their credit card. Though it is awful to lose a home, there might also be some relief. You are ...
Continue reading "Will a Foreclosure Get Rid of My Debt?" »

How to Know if Chapter 7 Bankruptcy Might Help You

The Supreme Court said in a case called Grogan v. Garner that the Bankruptcy Code is supposed to give a second chance to the "honest but unfortunate debtor." The United States values free ...
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In Bankruptcy: Some Debts Are Non-Dischargeable

Large debts can be incredibly frustrating, which is why many people consider filing for bankruptcy. While it is true that bankruptcy can offer significant relief from high financial obligations, not ...
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Legitimate, IRS-recognized Trusts That Can Reduce Your Tax Liability

Benjamin Franklin once said only two things are certain in life: death and taxes. Unfortunately, he did not live to see the Internal Revenue Service (IRS) recognize and permit the use of trusts to ...
Continue reading "Legitimate, IRS-recognized Trusts That Can Reduce Your Tax Liability" »

The Top Reasons to Hire a Bankruptcy Lawyer

Filing for bankruptcy can be an extremely stressful and overwhelming process for you and your family. However, when done right, filing for bankruptcy can be a way for you to start over. Yet, it is ...
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Have You Talked About Your Estate Plans Recently?

Many people make the assumption that they can create an estate plan or update an estate plan on their own, and many will do so by using a template or kit. Unfortunately, a DIY estate plan does not ...
Continue reading "Have You Talked About Your Estate Plans Recently?" »

How Accurate is Your Credit Report?

Consumers and lending organizations rely upon the accuracy of credit reports for borrowing large and small sums of money, for anything from a store credit card, to purchasing a home. But how accurate ...
Continue reading "How Accurate is Your Credit Report?" »

Estate Planning Checklist for When a Loved One Passes On

We don't like to think about it, but it is bound to happen. Our spouse, partner, or parent will eventually cross through that veil and it will leave us devastated. While grieving must be given its ...
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Can Bankruptcy Help with Student Loans?

Can Bankruptcy Help with Student Loans? Many people struggle with student loan debt. If you are one of these people and find it difficult to get ahead because of your loan payments, you may have ...
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How A Trust Can Benefit Your Special Needs Child

As a parent of a child with disabilities, you understand the financial challenges that accompany a special needs life. Government aid programs like Medicaid, Medi-Cal, and Social Security can reduce ...
Continue reading "How A Trust Can Benefit Your Special Needs Child" »

Estate Planning: Beneficiary Designation in Financial Instruments

In many case, beneficiary designation is straight-forward. Most couples simply designated each other. However there are complications that should be understood and periodically reviewed. Consider a ...
Continue reading "Estate Planning: Beneficiary Designation in Financial Instruments" »

How Bankruptcy Can Help Foreclosure

When you are facing foreclosure, it is never easy, but while there are several alternatives, if you have other debts then filing for bankruptcy may be able to help you avoid foreclosure. Typically ...
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How Debt Destroys Your Estate

Many people today worry about the amount of money left to their surviving family members. It is difficult to organize all of your finances and make those decisions. One variable that many people have ...
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Dealing With Bankruptcy in Probate

Dealing With Bankruptcy in Probate There are many people who worry about their finances. One of the biggest fears for many people is leaving a financial mess behind after they are gone. With the ...
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