Two-thirds of those who file for bankruptcy cite medical issues as a factor, according to a study last year in the American Journal of Public Health. https://bit.ly/35Q9JCM
USATODAY.COM
'This is going to bankrupt me': Americans rack up $45B worth of medical debt in collections
There is significant complexity with the laws surrounding special needs trusts, so having an attorney with experience in the area is key. https://bit.ly/2HbZ2jB
FORBES.COM
Making Trusts for Special Needs Children
Just because you're divorcing doesn't mean that your former spouse can't still hurt your credit. Fortunately, it is possible to rebuild your credit score after a divorce causes a blow. #Divorce http://bit.ly/2Miv0KW
WISEBREAD.COM
What You Need to Know About Divorce and Credit
Bankruptcy is a legal process that lets people or entities who can't pay their debts obtain some type of relief by having those debts either reorganized or eliminated. https://bit.ly/32KgG64
FOOL.COM
How Bankruptcies Work | The Ascent
Even the most amicable relationship under constant duress, such as a national health crisis, can create friction. This is especially true for co-parents navigating complicated relationships with their exes. https://wapo.st/2ZNvvmK
WASHINGTONPOST.COM
Divorced and separated couples learn to navigate the ups and downs of custody during covid-19
With a rise in “gray divorces” in recent years, it’s only natural that remarriage has become more prevalent among seniors. But people tend to be lax about updating their estate plan. https://bit.ly/2Hb3Zcp
BARRONS.COM
Getting Remarried? Avoid These 4 Estate-Planning Pitfalls.
Recovery from bankruptcy is a step-by-step and often gradual process, and is best achieved by personally committing to good, healthy, financial practices. https://yhoo.it/32sGEZi
FINANCE.YAHOO.COM
How to Bounce Back From Bankruptcy in 5 Easy Steps
Complex strategies and the ever-evolving tax code can make estate planning feel intimidating. However, ignoring it can be a costly mistake for your heirs, even if you don't have a lot of money in the bank. https://bit.ly/3jleurL
MONEY.USNEWS.COM
5 Estate Planning Tips to Keep Your Money in the Family
Many people could benefit from bankruptcy relief but don't file because of fear, myths or misplaced optimism. https://bit.ly/2SdEklE
NERDWALLET.COM
Fear of Bankruptcy Holds Too Many People Back - NerdWallet
Whenever you ultimately decide to cut down your time at work or leave the workforce altogether, you need to ensure that you have a full slate of estate planning documents in place. https://bit.ly/3l8Wv8t
FOOL.COM
4 Must-Have Documents for a Peaceful Retirement | The Motley Fool
If you’re dealing with old debt, make sure you’re taking the right steps to avoid starting over. https://bit.ly/33SFjNr
BANKRATE.COM
Resetting The Clock On Old Debt | Bankrate
Dividing your assets in a divorce settlement is tough, and there's no way to split a co-owned house in two. Depending on your situation, having one party remain in the home or selling it outright may be best. http://bit.ly/32XGBEh
REALESTATE.USNEWS.COM
Real Estate Mistakes You Don't Want to Make in a Divorce
Without proper estate planning documentation, a person’s wishes for their assets may not be followed. Beyond a will, there are documents in place that can assist in describing how their wishes are conducted, and types of accounts that can hold significant assets. https://on.mktw.net/3kIZHHS
MARKETWATCH.COM
How to plan your estate during a pandemic
The #bankruptcy means test determines who can file for debt forgiveness through Chapter 7 bankruptcy.
NERDWALLET.COM
The Bankruptcy Means Test: What It Is, Why It Matters - NerdWallet
Here’s what you should consider if you’re planning to untangle joint credit card debt during a divorce. https://bit.ly/3o9rXG3
FORBES.COM
How To Untangle Joint Credit Card Debt In Divorce
Although a bankruptcy filing remains on your credit report for up to a decade, the situation is not quite as bad as it seems. The effect on your credit will diminish over time until it drops off your report completely. https://yhoo.it/35Ee2zp
NEWS.YAHOO.COM
Bankruptcies are expected to surge — but a filing isn't fatal to your credit
There isn't always an easy solution to dividing your 401(k) assets in a divorce, but you can make the process a little less painful by understanding what your 401(k) plan allows and what your state requires. https://bit.ly/3kcjM9m
FOOL.COM
Protecting Your 401(k) in a Divorce | The Motley Fool
Going to court to fight for child custody is an emotional time, and many parents make mistakes simply because they're uncertain about what to do. Here are some common child custody mistakes parents make, along with tips on how to avoid them. #FamilyLaw https://bit.ly/37mr9HS
LIVEABOUT.COM
5 Child Custody Mistakes Single Parents Make
Child Support typically begins on the date the court order is filed. It is not retroactive beyond the date of the filing which is why it’s so important to begin the process as soon as possible. #FamilyLaw
THEBALANCE.COM
What Single Parents Should Know About Child Support
Workers in certain industries are seeing higher divorce rates by age 30, according to an analysis of U.S. Census Data. #Divorce https://bit.ly/3pFZpVk
MSN.COM
21 Careers That Are More Likely To Lead To Divorce
Filing for bankruptcy is one way to stop wage garnishment. An attorney can advise on whether bankruptcy is the right choice based on your specific circumstances. http://bit.ly/36qLOac
FOOL.COM
What Is Wage Garnishment?
When couples get divorced, their assets are usually divided, but that split doesn't automatically extend to retirement plans, which is where a qualified domestic relations order (QDRO) can come into play. http://bit.ly/36nTRo4
INVESTOPEDIA.COM
What Is a QDRO?
For the more than 68 million U.S. adults with debt in collections, knowing their legal rights is crucial. https://bit.ly/2IWICMV
MSN.COM
What new debt collector rules mean for you
The coronavirus pandemic has presented some challenges you don’t typically see with other states of emergency--challenges even the most prescient parenting plan may not have accounted for. https://nyti.ms/3lDeogk
NYTIMES.COM
When Co-Parents Clash in a Pandemic
If you want reassurance that your assets will go to the people you love, then you have to be prepared. #EstatePlanning https://on.mktw.net/3txrW1i
MARKETWATCH.COM
2021 could be the year of estate planning
Every divorce comes laden with its own issues, but there are some pandemic-era factors facing those wondering whether to stay or go. https://nyti.ms/3oKhRdQ
NYTIMES.COM
Manage Your Divorce Expectations
Between dividing up property, legal proceedings and handling child custody, many people going through divorce can forget the tax implications as well. You can avoid missteps with the IRS by keeping in mind a few tax tips. https://bit.ly/2YTZtVr
THESTREET.COM
Key Tax Tips When Filing for Divorce or Separation
Before you sign a reaffirmation agreement, it’s a good idea to consult a bankruptcy attorney. An experienced attorney can help you determine if it’s the right fit for you and, if it is, make sure that you do everything correctly and in your best interests. https://bit.ly/3trpr0e
BANKRATE.COM
What Is A Reaffirmation Agreement? | Bankrate
Families come in all shapes and sizes. Planning for all these different types of relationships requires specific goal-setting and deliberate implementation of your financial and estate plans to make sure your intentions are carried out. https://bit.ly/3asg0Ft
KIPLINGER.COM
Planning for a Non-Traditional Family (Which Is Probably Yours) | Kiplinger
No matter how much or how little you have, estate planning determines the future of your belongings, your money, and your family after you die. It can also ensure you have a say in who makes decisions about your health and finances while you're still alive. https://bit.ly/2Yp4Hs0
BUSINESSINSIDER.COM
What is estate planning? A strategy to safeguard your family and your finances, and ensure your plans for them get carried out as you wish
