If you are having serious trouble paying off your debts, you might be thinking about filing for bankruptcy. The first step in this process will be to meet with a bankruptcy lawyer in order to discuss your situation and figure out the best way forward. Here's what you can expect during that first appointment.
Reviewing Your Finances
Before your lawyer gives you any advice, they will want to take a look at your finances.
When it comes to estate planning, there are about a half dozen different ways you can go with doling out your assets to your heirs. You could do an unequal distribution, whereby some heirs get more than others, or a completely equal distribution, where all heirs get the same amount or fairly close to the same amount. There are certainly some benefits and drawbacks to each of these two approaches, as you will see.
When you are considering divorce, you might be hesitating because you may be concerned about shared property such as the home. You might not want to throw your loved one out of the house so soon or you may feel that you would struggle to pay for the mortgage by yourself. However, there are many divorced couples who live together after a divorce.
Divorcees with children benefit the most from continuing to live together.
When you think about a will, you likely imagine a fairly simple document that outlines the assets a deceased person had when they were alive and who those assets will go to upon their death. A more complicated approach is to create what's known as a testamentary trust will. This is a will that only creates a trust upon the death of the grantor or the individual whose will is being executed upon their passing.
If you have been injured in a car accident, the last thing that you should do is try to work with the other driver's insurance company to reach a settlement. You are much better off hiring an experienced car accident attorney if you want to avoid the headaches associated with trying to recoup the settlement that you are entitled to. A good car accident attorney will wok on your behalf to determine what your case is worth and will then negotiate for you so you do not get taken advantage of.