• Create a will to determine who will receive which assets after you pass away and appoint a guardian of any dependents. • Update beneficiary designations regularly, especially if there are any changes to the policyholder’s marital status or financial situation. • Create durable powers of attorney to appoint someone else to act on your
Gather all relevant financial documents before filing for divorce. Marital and separate property should be determined to understand what is subject to division. Understand your rights under the law when it comes to asset division. Negotiate fairly and compromise to reach an agreement without court proceedings. Seek professional help if needed to ensure the property
It is no secret that the United States has a high divorce rate. In fact, according torecent statistics from CDC, nearly half of all marriages in the U.S. end in divorce. While there are many reasons for this statistic, one factor often overlooked is the importance of pre-nuptial and post-nuptial agreements. Prenuptial agreements, also known
Violence involves physical force that may hurt, damage, or kill someone. Given this point, no one should allow this to happen to anybody. Meanwhile, some laws are bound to protect people against violence. It can happen to anyone, including you. For this reason, it is best to understand the context of this law against violence.
Are you looking to move abroad as a family? Perhaps you have been assigned to a post abroad and aren’t sure how long it will take you to finish that project. Or are you immigrating, perhaps? Are you planning to raise your family in another country? No matter your reason for moving, the properties you
In our hurry to get out of our problems, we tend to have faith in popular solutions. But being popular doesn’t always mean it’s best for you. Take, for example, the case for violence against women. You may not have noticed it with all the chaos going on, but physical harm to women brought by their
There are laws that surround the purchase of real estate property. Be familiar with mortgage laws when buying a new home for your family so that you don’t get into any complications with the seller. When things get complicated and there are certain terms that seem unfamiliar, it might be a good time to get
After working hard to own everything under your name now, you’re probably wondering how you can make sure they’re taken care of when you lose the capacity to do it yourself. It can be due to incapacitation or death. To some people, estate planning is done when someone’s nearing the end of their life or
Imagine this situation: a man is walking on the street and is preparing to cross the pedestrian lane. On the other end of the road, a driver who is preoccupied with his phone failed to notice that the red light is on and continued driving recklessly. Suddenly, there’s a loud crash, and something went flying.
One of the few upsides of a divorce is the settlement. While nothing can erase the pain or bring back the time lost to the ordeal, you get to reap the benefits of the properties awarded to you. If you know how to make the most of your newfound wealth, you’re practically set for life.