You may have many reasons for wanting to utilize a trust or multiple trusts as part of your estate plan. This tool can offer many benefits from avoiding probate to protecting assets. You can even ensure that your family and other beneficiaries quickly and efficiently obtain their inheritances in the event of your passing.
Many residents in New York have found themselves in tough financial spots over the last few years. If you are one of them, you may feel trapped and hopeless. That is the sad truth about money problems -- they can really put you through the ringer emotionally. Did you know that there may be a way for you to help yourself? First, you will need to take a means test.
Credit card debt is one of the most common factors in the financial struggle of millions in America. This debt is not always the result of uncontrolled spending. In fact, you may find yourself pulling out the plastic to pay for groceries, medical bills or even utilities when the budget gets tight.
Financial struggles can strike at any time, and no one is immune. Even the wealthiest- or highest-income earners may find themselves in a situation where they are unable to keep up with their debts and pay bills on a regular basis. Over time, unpaid bills can accumulate, interest can start to add up, and you may find yourself choosing which bill you should pay because you know that you cannot pay them all.