Many people think that it is not necessary to leave behind any last wills and testaments about their personal belongings for various reasons. This is a wrong choice as in such a scenario, the state will make one on its own, which may create a point of contention and a series of law suits between […]
When a person wishes to create a will, they may also create a power of attorney just in case something may happen in the future to incapacitate them from making individual and legal decisions. Each state may vary on how to create the power of attorney. The person who is given the power of attorney […]
When a loved one passes away there should always be a grieving period before their estate is gone through. This grieving period may create feelings or create scenarios where the family may not necessarily agree, but can come together and support one another. However, once you throw in the deceased person’s estate, property, money, and […]
In the most unfortunate event that you have to file for bankruptcy, it would be wise to know in advance what you would be getting into. As of 2005 the rules governing this circumstance have changed and what is required now is: a) Credit Counseling and financial management. All individuals that need to file for […]
For various reasons, whenever an individual files for bankruptcy, some of his assets are protected and exempted from seizure. The exemption may take the form of either protecting the asset itself, or an amount in cash after the bankruptcy proceedings. Law section 222 includes a list of categories under which a property could be exempted […]
Many people wonder why it is necessary to be represented by a lawyer when they have a dispute to settle. Maybe it would be best if they knew what is involved, when a case goes to court. The terms Whenever an entity (person, organization, company, etc…) had a complaint against another entity, the old way […]
Definition of Defective Products One of the major causes for personal injuries or deaths in Florida and the U.S.A. are dangerous & defective products. The law defines such products as, when their manufacturer has failed to sell to the public, products that conform with the applicable standards of safety, or has not adequately warned the […]
Unfortunately, most people die without a will, and of those people more than 50% have children. The majority of individuals feel that they don’t have the knowledge to create a will or that it will take too much time to prepare or that they really don’t have anything to leave behind so they feel there’s […]
When making arrangements for your passing, the discussion, although necessary, is never really an easy adjustment to make or accept. Nonetheless, everyone, at some point in time, needs to have the discussion and do the paperwork. Here are six facts about estate planning that will make the process a bit less daunting. Trusts aren’t just […]
