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April 2018 Archives

Workplace accidents and estate planning

Each day, people across the U.S. are injured on the job. Whether they are hurt while working in a field that is often recognized as dangerous, such as the construction industry, or sustain a work-related injury while working in an office, the consequences of work accident can be devastating. Moreover, these accidents can have an impact on workers in many other ways. For example, it may affect their estate plan.

Child support and your estate plan

We understand that parents who are struggling with child support may be facing numerous challenges in their daily lives, from a financial and even an emotional point of view. While it can be difficult to work through these matters, especially for someone who already feels too stressed out with daily life, it is crucial to prevent additional complications from arising. For example, someone may need to take a second look at their estate plan as a result of child support issues.

Different ways an auto crash can affect your estate

When it comes to estate planning, many different factors may need to be considered, such as the way your assets will be divided between your loved ones and the type of estate plan that suits your needs best. It is also important to bear in mind that unexpected life events, such as the end of a marriage or the birth of a child, can have a significant impact on an estate plan. Moreover, if you are involved in an auto accident, there are a multitude of reasons why you may need to go over your estate plan and make changes.

Setting up a trust as a single parent

If your marriage recently came to an end or you are in the early stages of the divorce process, a wide variety of legal issues may be on your mind, from how your property will be divided to how you will adjust to life without your spouse. If you have children, this can be an especially challenging time. Moreover, there are a number of financial concerns you may have, such as how you can help protect your child’s financial future as a single parent. For some, setting up a trust is an excellent way to accomplish this.

Going over some benefits of charitable trusts

When it comes to trusts, a number of options may be on the table. From special needs trusts to revocable trusts, it is important to carefully analyze your options and move forward with an estate plan that best suits your needs. For some people, a charitable trust is a great way to ensure that their assets are distributed in accordance with their wishes. Moreover, there are a variety of advantages that many people who set up these type of trusts appreciate.