Author: George McCoy

Ideas to assist you in making plans for tomorrow

It is increasingly common today for parents to have concerns about one or more of their children’s money management skills and judgment. These concerns may arise from a variety of factors including substance abuse, gambling, a spouse that is perceived to be untrustworthy, and sometimes just plain run-of-the-mill immaturity. Regardless of the source of the concern, many parents desire to impose certain controls so that a child’s inheritance will not be squandered or mismanaged.

The Process for Handling Property Following Death

A. “Survivorship” Property Is Property That Passes to Another upon the Death of One of the Owners by Operation of Law Without the Need of Probate or Other Process.

1. Survivorship real property is most commonly found among husbands and wives who own property as tenants by the entirety (as husband and wife). Other arrangements may include certain types of joint tenancies which also have provisions for survivorship. When one party dies, the other automatically owns the property.

What You Should Know About Estate Planning

Every person who has money or owns property that will not be expended or disposed of during his or her lifetime has an estate. Estate planning is simply the process of deciding how such assets will be distributed now or after death. It includes taking steps to insure that decisions are carried out effectively and economically. These steps may involve titling assets, naming beneficiaries, and creating such documents as wills and trusts. In complex situations, more is involved.

Your family’s peace of mind comes from effective future preparation.

Divorce can be one of the most stressful ordeals a person can experience. It has been compared to the death of a close family member, but in some ways, it is worse. The problems seem overwhelming. The interpersonal conflicts, the loss of control, the feelings of insecurity, both emotional and financial, and the process seems to go on and on and on. So how should a lawyer approach the divorce?

How to Get Ready for Your Divorce Attorney’s First Meeting

If you are seeking a divorce or to establish initial custody and parenting time, you generally do not have to bring anything to your first meeting, unless you were served with papers. If you were served with papers, bring those papers with you. At the conclusion of your initial meeting, your lawyer may give you a list of documents to locate and bring back. This may include common papers, like tax returns, recent pay stubs and statements from retirement plans.

Everything You Need to Know and the Importance of Domestic and Family Law

When lawyers say they practice “family law,” they are telling you that they have a specialty in working with clients in all the legal aspects of family relations: generally the spousal relationship, the domestic partner relationship and the parent-child relationship. Family law for spousal relationships includes prenuptial agreements, separations, divorces and modification proceedings.