Myths About Trusts You Can't Afford To Believe
A living trust is a legally binding document that you create at some point during your lifetime. Much like a will, a trust allows you to designate who inherits your assets when you die. The difference between a will and a trust is that a will only goes into effect after your death and after it has been entered into probate. If you are considering a living trust, there are some misconceptions about them that may end up costing you more money in the long run.
3 Frequently Asked Questions About Divorce
Going through a divorce can be a trying experience and a confusing one at that. There might be several questions you have about the process of going through a divorce. Read on and discover just a few answers for some of the most commonly asked questions about the divorce process. If you are going through a divorce, it is probably within your best interest to discuss these matters in a more robust and in depth manner with a local and trusted divorce attorney.
Red Flags That May Mean A Spouse Is Hiding Finances During Divorce
Many people would do anything to hide assets from their partners during divorce. That is why you need to be alert to the red flags of hidden assets if you are divorcing your partner. Here are some of the classic warning signs you shouldn't ignore: Lifestyle Doesn't Match Reported Income Be wary of an expensive lifestyle that doesn't match your spouse's reported income. In many cases, it means that there is an unreported source of income or a hidden bank account from which the person is drawing funds to spend.
Faqs About Miranda Rights
Most people are familiar with Miranda rights, but there is some question regarding what impact they can have on a criminal case. For some, there is an assumption that the failure to read the rights to a suspect results in an automatic dismissal of the charges he or she is facing. What impact not reading the rights has on a case depends on various factors. Here is what you need to know to understand the impact Miranda rights can have on your case.
Steps To Take After A Cruise Ship Injury
Getting injured on the cruise can sap all of the joy away from your vacation, but you may be able to get a hefty compensation for your injuries. Here are some steps to follow if you're injured on a cruise. Step 1: Collect Your Evidence It's important to thoroughly document what happened while you're still on the cruise, since once you leave the cruise it will be much more difficult to get the evidence you need.
Safety Tips For Leaving A Child Alone At Home
Children can't be expected to care for themselves; even family courts don't take kindly to parents who leave children unattended at home. In fact, such an issue may come up during child custody hearings. Therefore, before you leave your kid alone at home, make sure they will be safe for the duration of your absence. Here are some of the things you can do before leaving a child alone at home:
Faqs About A DUI Arrest
Regardless of whether this is your first time being arrested for driving under the influence or if you have a previous offense, the arrest could have a long-term effect on your life. How much of an effect depends on several factors, including your state's laws. If you have been arrested for a DUI, here is what you need to know. Can the Charge Be Reduced to Wet Reckless? A wet reckless charge basically means that you were arrested for driving recklessly and alcohol was involved.
Two Important Questions To Consider Before Choosing A Pesonal Injury Lawyer If You Have Been Injured By A Recalled Medication
You may have noticed that in recent years, some of the medications that that have been approved by the FDA have later been recalled due to safety issues. In some cases, people have sickened, been injured or even died as the result of taking that prescribed medication during the time that it was available. If you or a loved one have been impacted by a medication that was recalled and that medication created medical problems for many other consumers, it is crucial to speak with a personal injury lawyer with experience in class action lawsuits as soon as possible.
How To Change A Regular Corporation To An S Corporation
One of the most important characteristics of a corporation is that shareholders are not personally liable for obligations of the company. A negative aspect is that profits are taxed first at the corporate level and then at the personal level as dividends. Corporate shareholders may retain liability protection and avoid double taxation by electing to change their company to an S corporation. The election to be classified as an S corporation is for tax purposes only.
3 Tips For Saving Money On Estate Taxes
Throughout your life you will pay a lot of money in taxes. No one can escape paying taxes, not even in death. There are death and estate taxes put in place, so that even after you pass away, the government will take some of your money. Although you cannot prevent all of the taxes, you can do some things to help you protect your money. Here are a couple tips for saving on estate taxes.