What Will Change if You File for Bankruptcy?
Filing for bankruptcy is not a decision that people take lightly. It is typically one of the last resorts for people who are struggling financially, but it is not quite as daunting as you may feel. Filing for bankruptcy can be a fresh start for people, though. It can be the financial reboot that they need and offer a way to start over again with a better understanding of your finances. If you are considering filing for bankruptcy, you need to contact a bankruptcy lawyer, like one from The Law Offices of Ronald I. Chorches, as soon as possible to …
Employment Discrimination & Workers’ Comp
Employment Discrimination Lawyer Can an Employer Fire You After a Workers’ Comp Claim? About three-quarters of all workers in the United States are considered at-will employees. This means that your employer can fire you at any time, unless they are firing you for a reason that is against the law, such as discrimination. Unionized employees generally have some contract protections against at-will employment, as do some public sector jobs, but most people are considered at-will employees. You can’t be terminated for filing a workers’ compensation claim if you’re injured at work. It is illegal. That doesn’t mean your employer can’t …
Were You Injured in a Hospital Accident?
When you seek help from medical professionals at a hospital, you expect that your health and care will be in the right hands. Unfortunately, this is not always the case and it is possible that you may leave the hospital with injuries that were the result of an employee’s negligence. There are many ways that a hospital can be responsible for your injuries and it may not be as obvious as getting injured during surgery. If you were in the care of a medical professional at a hospital and believe that someone’s negligence resulted in your injuries, you should speak …
The Benefits of Establishing a Trust
While trusts can be very beneficial for certain people, they are not the universal solution to optimal estate planning. Read the information below to help you determine if establishing a trust may be a beneficial tool for you. Who Should Create a Trust Though trusts are often a useful means for planning an estate, creating one may not make sense for you. Regulations over trusts vary from state to state. However, typically, trusts can be helpful for people who own a home and other property, have a net worth exceeding $200,000 or who want the distribution of their assets to …
4 Steps for Executing a Valid Will
Estate planning terms can be confusing. For example, while the person who manages your estate after your death is called an executor, what that person does is not executing your will. To execute a will means to make it legally binding by signing it, so that it goes into effect upon your death. Before you can successfully execute your will, you have to make sure it is valid. Otherwise, the inheritors of your estate may challenge it in court. The laws that set the requirements for a will vary by state, as an estate planning lawyer like one from the …
What Is a Living Trust?
A living trust, which is specifically usually related to a revocable living trust, is a legal document that controls and protects your assets such as your investments, bank account, real estate, vehicles and valuable personal property in a trust for your benefit. The benefit during your lifetime is that it bows out where you would like the sinks to go when you die, because it is revocable and you can cancel or change any time the circumstances change. You can talk to a living trust lawyer, such as the ones available at the Iowa Law Group, if you have any …
Probate Lawyer in Sacramento CA
Probate Lawyer Never heard the term probate before you were not alone. Probate is when the court supervises the processes that transfer legal titles of property from the estate of the deceased otherwise known as the decedent, to his or her beneficiaries. Often times you have developed court forms and appear in court to prove to the court that the will is valid, appoint a legal representative with the authority to act on behalf of the decedent, identify an inventory of the decedent’s property and have the property appraised, pay debt, and taxes and distribute the remaining property according to …
Can an estate planning lawyer help me avoid taxes for my estate?
Estate Planning Lawyer Individuals are often looking to put protective measures in place to adequately safeguard their personal assets. Whether it be commercial or residential properties, financial investments or prized possessions, it is essential that an individual ensure that their belongings are properly managed both during and after their lifetime. As an estate planning lawyer from a firm like Yee Law Group, PC can explain, the creation of an estate is one way in which an individual may go about obtaining such security. Although beneficial, estates can cause tax disadvantages if not understood and utilized correctly. Simple tricks can be …
Ensuring Your Will is Legal
Wills lawyer Planning for what happens to your estate after you’ve passed on can be a strange experience, but it’s essential if you have loved ones or valuable assets. Without a legal will indicating how you want your assets to be managed, your money and possessions will be distributed by the courts, potentially causing family stress and disputes. You’ll also want to ensure your children are taken care of in the event of your death, explains a wills lawyer from a law firm like Kaplan Law Practice, LLC. Luckily, making a will is pretty straightforward, and there are only a …
What Happens During a Probate Hearing?
Probate is a process of authenticating a will and testament, that is overseen by the court system. It entails finding and determining the monetary value of someone’s assets, paying their last taxes and bills, and transferring what is left to the rightful or chosen beneficiaries. The court will decide whether a will is valid, appoint an executor, and then see certain duties are carried out with the estate. The laws for probate vary by state, so it’s important to understand the laws for where you live. Will Validity and Distribution of Assets State laws list what is required for an …
