A last will and testament and revocable living trust both provide a set of instructions for how your assets will be distributed after you pass away. Both legal documents have similarities and differences that should be considered before deciding which document to use....
Having a power of attorney is very useful and an essential low-cost estate planning tool that people can use to manage their finances or health care. The power is granted through a carefully worded legal document so that the individual appointed as power of attorney...
Chapter 13 bankruptcy is a reorganization of one’s debts as a repayment plan based on what you can afford to pay. It can last from three to five years. Chapter 13 bankruptcy is a powerful tool for you to regain control of your financial life and get a good fresh...
Creating an estate plan can ensure you are able to provide a detailed arrangement of your affairs in the event that you become incapacitated. People often think they don’t need an estate plan, however, if you die without a will, a probate court decides what happens to...
A chapter 13 bankruptcy allows individuals a payment plan in order to repay their debt. Under this chapter, a repayment plan is installed over the course of three to five years. Depending on the debtor’s monthly income will depend on how long the payment plan will be....
Probate can be overwhelming to understand if you are not familiar with it already. It is a legal process where the court appoints a person to distribute assets from the deceased person to their beneficiaries. Furthermore, the personal representative or...
If you have decided to proceed with probate, there are some documents you will need depending on your situation. Documents need to be filled out properly and most forms include a PDF version for easy completion and a Word version for editing purposes. The...
If you are planning to file for bankruptcy again, there are certain requirements you will have to be eligible for in order to revive a new discharge. If you have filed for bankruptcy before and received a discharge, then the bankruptcy code specifies when you can file...
A transfer on death deed is a special deed that allows an owner of Washington State real estate to create a property transfer that will occur on the death of the owner. The beneficiary named in the transfer on death deed automatically becomes the legal...
Whether you are filing a chapter 7 or chapter 13 bankruptcy, trustees are assigned to your case when you file, and they have important duties that they must perform. They review and finalize your financial documents, they make sure your financial information is...
