Both trusts and last wills can play a central role in an estate plan. Some people use both documents, and other people pick between the two. In order to determine if a trust or a last will better suits your estate-planning needs, you have to understand the different...
What a separate bank account can (and can’t) do for you in a divorce
If you’re planning to tell your spouse you want a divorce or you anticipate that they’re considering one, you may put some money aside in a bank account in your name. It can be wise to do that –- particularly if you’re concerned that your spouse could clean out your...
Can a partition action end your issues with inherited property?
When your parents passed away, you and your siblings each inherited equal shares of the family home, some rural property that hasn’t yet been developed or a vacation home. At the time, it seemed like a great idea to keep the property and share in both its use and the...
4 financial issues that could affect a high-asset divorce
Every family will have unique concerns that make their divorce proceedings different than those of others. Even someone else in a marriage that might seem similar on paper due to income, family size and the ages of the couple divorcing will likely have a very...