How Good Does Your Independent Professional Adviser Have To Be? What if you found an independent professional adviser that was an attorney with years of experience in the arena Read More
The State, just like the IRS, is interested in collecting any debt they claim you owe them. If they can, they will pursue aggressive action, which is why it Read More
How much does a living trust cost? It depends on your individual circumstances and the complexity of documentation and planning required to achieve your goals and objectives. The costs may vary Read More
Remington, the Gun Maker, Is Set to Exit Bankruptcy [caption id="" align="alignnone" width="600"] After emerging from bankruptcy, Remington, one of the country’s oldest gun manufacturers, will be owned by creditors including Read More
Will a living trust help reduce the estate taxes? No. While a living trust may contain provisions that can postpone, reduce or even eliminate estate taxes, similar provisions could be placed Read More
What is a living trust? It is a written legal document that partially substitutes for a will. With a living trust, your assets (your home, bank accounts and stocks, for example) Read More
At Toys ‘R’ Us, a $200 Million Debt Problem Could Lead to $348 Million in Fees [caption id="" align="alignleft" width="303"] The swift collapse of Toys “R” Us has been particularly painful Read More
If I have a living trust, do I still need a will? Yes. Your will affects any assets that are titled in your name at your death and are not in Read More
Filing for bankruptcy While looking through news articles regarding filing for Bankruptcy, I came across this article that although is not Chapter 7 Bankruptcy specific I did find it to be rather Read More
What are the disadvantages of a living trust? Because living trusts are not under direct court supervision, a trustee who does not act in your best interests may, in some cases, Read More
Elizabeth Warren and a Scholarly Debate Over Medical Bankruptcy That Won’t Go Away A 2005 academic paper fueled much discussion and helped her political career, but remains contested. By Margot Sanger-Katz June 6, 2018 [caption Read More
How are my assets put into the living trust? Once your trust has been signed, an important task remains. To avoid court-supervised conservatorship proceedings if you should become incapacitated, or the Read More
PASSING THE “MEANS TEST” TO Qualify for Chapter 7 Bankruptcy Relief How to qualify for Chapter 7 Question: Do you have to pass a “means test” to qualify to file Read More
Who should be the trustee of my living trust? Many people serve as trustees of their own living trusts until they become incompetent or die. Others decide they need assistance simply Read More
New Bankruptcy Form, Rules Take Effect Published on December 1, 2017 Individuals filing for bankruptcy under Chapter 13 must use a new form that presents their payment plan in a more uniform and Read More