You weren't out of work very long before you started feeling the financial crunch. The bills have piled up quickly, the utilities are long-past due, the credit card companies keep calling, and now you're worried that you're just a step or two away from foreclosure or eviction.
What can you do? It may be time to look at filing for Chapter 7 bankruptcy protection.
While the ultimate goal of filing bankruptcy is to obtain relief from your debts and get a fresh financial start, there's an almost immediate benefit to filing your petition: It's called the "
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Establishing an estate is an important part of handling your affairs. You'll need to do more than have an estate planning attorney help you create a will, though. Here are five mistakes that people often make and how to avoid them.
Not Using the Entire Toolbox
For some people, putting a will in place can more than do the job. Others may need to deploy different tools, especially making use of trusts.
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When a personal injury claim or lawsuit moves forward, you and your lawyer will have to supply adequate proof. The legal standard for what counts is known as the standard of proof. Take a look at what the standard in personal injury law is and how it might be applied to your case.
1. More Likely than Not
This is sometimes referred to as the 51-percent standard. Essentially, it means if the balance of the evidence in the case shows that your version of events is more likely than not the one that happened then you prevail.
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If you are currently planning your estate, you may be trying to figure out if a will or a trust is better to draft. An attorney can help you decide which one is best suited for your individual situation, but in the meantime, keep reading to learn the answers to some of the more commonly asked questions about trusts and how they can affect your estate plan.
What Exactly Is a Trust?
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When a hurt worker is no longer able to perform at their job because of a work-related injury, a settlement may be offered. In most cases, settlements are final. Once you agree to a settlement, it can be difficult to open things back up again. Though rare, there are some situations that might call for a claimant to reopen their claim. Read on to find out more.
Understanding Settlements
If a settlement is offered, it usually means that the doctor has evaluated the hurt worker's injury and found it to be at maximum medical improvement.
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