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Cryptocurrency has become more mainstream every year, with people dabbling in various digital currencies as they learn more about it. As such, it is becoming more and more likely that cryptocurrencies will be a part of estate planning. Even traditional investment portfolios can cause confusion in estate planning, but cryptocurrencies can create even more confusion. […]

A will is an essential estate planning document for married couples. It helps define how major assets will be distributed upon an individual's death, which removes the need for the costly and public probate process and protects against the potential for messy arguments among heirs. Ultimately, a will serves as a document that will ensure […]

Many people today use a Health Savings Account (HSA) to help them pay for out-of-pocket medical costs. With more and more health insurance plans having high-deductibles, the popularity of HSAs is on the rise as a cost-effective way to save for expected medical costs. That's because HSA's provide people with the opportunity to set aside […]

No one likes to plan for what will happen after they pass away, but at the same time, no one wants to pass not knowing if the people they love will be protected. That's why comprehensive estate planning is an essential task for everyone, no matter what their financial and family situation. One of the […]

Estate Planning Strategies For Singles Estate planning is not often top-of-mind for people who are single. Those who are not single tend to think about estate planning more, if only because they are concerned about how their significant other and descendants will be taken care of upon death. Even if you are single, though, estate […]

When small business owners form their official entities, they might choose to open what's known as an S corporation. This type of business has either a small partnership or a single proprietor at the top of the ownership ladder. S corporations are chosen as the type of business for entities that have a limited number […]

Chapter 7 bankruptcy is an opportunity for people who are in challenging financial situations to get a second chance. By wiping out most debt, those who go through bankruptcy are able to start over anew and build back their financial life over time. One of the biggest benefits of Chapter 7 bankruptcy is that petitioners […]

Creditors sometimes file lawsuits against borrowers who are unable to repay their debts on time. When this happens, creditors seek relief in civil court, which will come in the form of a judgment. Many people who have judgments entered against them wonder what happens if a creditor sues them while they are in the process […]

In July of 2013, Detroit filed for Chapter 9 municipal bankruptcy. The $18 billion bankruptcy case was the largest one of its kind in the history of the United States. After thriving as the auto-making capital of the U.S. for decades, the city began to decline significantly over the years. Detroit was the fourth-largest city […]

Filing for bankruptcy can be a humbling and intimidating process. It can also be very confusing if you've never done it before. Many people will realize that they are in financial trouble and conclude that bankruptcy is a good option for them. However, they may not know how to approach the process or when things […]