Setting up a trust is one of the most common ways to transfer assets to family members, charitable organizations, and other parties. It's important, however, to understand what the different types of trusts are and how they can be used. Here is what a trust attorney would likely tell you about these issues.
Revocable vs. Irrevocable Trusts
One of the most basic questions about a trust is whether it can be changed.
During the course of an ordinary chapter 7 bankruptcy, you are not likely to encounter a lot of correspondence from your bankruptcy trustee. To better understand how to handle things when you do hear from them, read on for some tips.
Your trustee doesn't work for you; they work for themselves and the federal government. They are put in charge of your bankruptcy and they are paid a flat fee for doing so.
Parenting agreements are the new catch-all term used to describe several child-centered issues during divorce. Everything from child custody and visitation to child support falls into the parenting agreement bucket. In most cases, great care must be used when creating the plan because they are often difficult to alter. When one parent is jailed for a long time, you might want to understand how it affects your parenting agreement. Read on for some guidance on what to expect.
If you have an injury or illness that is preventing you from working regularly, you're likely wanting to file for social security disability. It's important that you take the right steps that you can improve your chances of getting approved so that you're able to get the financial help that you need to carry on with your life. Many people rush through the process or don't take the right steps, and then find out that they're denied.
Most people know the very basics of workers comp insurance and that is that it is an insurance paid into by employers that covers employees who get injured on the job. However, there are a lot of other interesting facts that you may want to know about it. Here are some of those interesting worker's comp facts:
Not all employers offer worker's comp
The laws regarding worker's comp insurance depends on the state you work in and can also depend on the number of employees the company has.