Americans are, quite literally, getting buried in debt, with nearly half expecting to pass away with outstanding debts.[1] The questions of what happens to your debts vary, both on the kind of debts they are, how they are owed, and the laws of your state. Unsecured debts, such as federal student loans, are typically forgiven […]
Fitness icon Richard Simmons, known for his flamboyant personality, high energy, and trademark attire, passed away in July 2024 following a fall at his Los Angeles home. Because of a legal dispute case between his longtime housekeeper, Teresa Reveles Muro, and his brother, Leonard (Lenny) Simmons, the estate of the Sweatin’ to the Oldies star is […]
A Third-Party special needs trust (SNT), sometimes known as a “Supplemental Needs Trust”, allows an individual to provide for a disabled beneficiary without jeopardizing the beneficiary’s eligibility for needs-based government benefits. These SNT funds can generally be used to pay for almost anything that falls outside the basic support that programs such as Supplemental Security Income […]
No one will ever be you or parent exactly like you. More than likely, however, someone you know could do a decent job providing for your children’s general welfare, education, and medical needs if you can no longer do so. Parents with minor children should name someone to raise their children in the event both […]
