Bankruptcy has certain stigma associated with it, and many bankruptcy myths are circulated. Because of this, it can be difficult to get a clear overview of what bankruptcy entails. The process of bankruptcy will differ depending on whether you file for Chapter 7 or...
You may have dreamed of passing the family business down to your children and your grandchildren, hoping your enterprise would grow. However, that's often not how it works. Many family businesses that survive their founders don't have any clear heir to take the place...
Many people love the companionship of their pets -- especially in their golden years. However, there's always a chance that you will outlive your pet. If that happens, the people in your life may be unwilling or unable to care for the animal -- even if they agreed to...
Most people know that they need to do estate planning at some point, but they may simply put it off because they're not exactly sure when to begin. How soon will they need that plan? When do they want to get everything in order?Now, the short answer here is that you...
If you're entering your senior years, you've probably put some thought into whom you'd like to inherit your personal items and assets. For better or worse, some of your potential heirs may have also put some thought into the same thing.In some cases, an heir may...
If you and your co-parent have joint physical and joint legal custody of your child, it means that you share both time with them and in making big decisions regarding their upbringing. This can have many positive benefits for the child, because it means that both of...
Many divorcing couples have one major asset that they must split -- the home they bought together.Get a home appraisal before you make any agreements regarding the house. Here's why: 1. You really don't know how much the home is worth.Maybe you and your spouse both...
Many people who are going through financial challenges can feel like they have nowhere to turn. Much of this feeling can stem from a fear of taking action to try to improve their lives because they worry that these efforts will fail.Bankruptcy can be a very smart...
A huge part of estate planning is making sure that you pass on your family's wealth through the generations. That allows it to build and helps your descendants prosper. However, many black Americans don't feel like they have the type of wealth that needs a will to...
It can sometimes be difficult to admit to yourself that you are struggling with debt. There is a certain stigma that surrounds debtors, and many view filing for bankruptcy as an admission of failure. However, bankruptcy can be a powerful tool that, in addition to...
