You probably already know that creating a will is a crucial part of estate planning that ensures your assets are distributed according to your wishes after you pass away. However, simply creating a will is not enough — regularly reviewing and updating your will is essential to ensure that your assets are protected and your wishes are carried out as you intended. Following are five reasons why it may be necessary to make changes in your will:
Marriage is bliss until the connection is no longer there or you have found irreconcilable differences. Divorce is not only difficult on the emotions but often hard on the pocketbook as well. In some cases, divorces create conflict and hatred between both parties. However, if you two agree on enough aspects of the separation, a civil divorce is possible. Civil Divorce Definition In a civil divorce, your soon-to-be ex-spouse and you agree on the divorce terms and resolve everything outside the court of law.
Extenuating financial circumstances can happen to anyone and when they do it's vital to know that you have options. The hopelessness that can consume you when it seems there is nowhere to turn can be unbearable but when you have the power of choice you can overcome nearly any curveball that is thrown your way. If your debts have become so great that you can't imagine being able to pay them, filing for bankruptcy can be a fantastic solution.
When you file for bankruptcy, you may think it will be impossible to ever rent an apartment any time soon. Fortunately, there are some ways you can get into an apartment if you have bankruptcy on your credit report. The bankruptcy will remain on your credit report for several years and potential landlords will be able to see it. So, you may be wondering how you will be able to rent again.
Most people try to avoid divorce as much as possible because it's usually a painful process. Actually, it's even more difficult to handle when you have kids because elements like child custody are inevitable. However, divorce is sometimes unavoidable, and you must face it head-on. In this case, you should prioritize child custody and hire a competent lawyer to help you handle it. The process is a bit tricky because the judges base their arguments and verdict on what favors your child's interests and rights.
When my ex-husband decided to contest my choice to homeschool our children, I knew that I had to defend my right as the custodial parent. Our custody agreement gave me authority over educational decisions, but he still took me to court. I spent a lot of time working with an attorney to find out how best to handle it, and I did a lot of research on the laws as they applied. If you're trying to defend your educational choices amidst your divorce, this site may help. I've built it to share everything I learned and explain the process that I went through to secure my rights.