Trust funds are legal entities established for holding assets that benefit specific individuals or organizations. Children are commonly named as beneficiaries in wills and trust finds. Your assets can be safeguarded through a trust and used for the stewardship of your children. These are a few reasons to create a
Arbitration and mediation are alternative approaches to dispute resolution that allows companies, individuals and other entities to come to an agreement in a non-adversarial setting. Mediation should be the first step before arbitration because it provides an opportunity to discuss and resolve the issue in a more informal setting. Mediator
Most estate planning attorneys believe that the best age to think about estate planning is as soon as possible. There is no specific age when it makes sense to plan for your assets on the event of your demise. By putting a plan in place, you can ensure that your
California constantly keeps employers on their toes by making frequent changes to the employment laws. 2022 is no exception. This is a roundup of all top developments that employers in California should know. Attorneys at SBEMP (Slovak, Baron, Empey, Murphy & Pinkney) law firm provides professional legal advice and services
Debtors with regular income may use Chapter 13 bankruptcy for coping with their overwhelming debts. This is also called the Wage Earner’s Bankruptcy and allows debtors with enough money to repay a part or all of their debts. Individuals prefer this as an alternative to liquidation. This is bankruptcy for
Chapter 7 bankruptcy is a type of bankruptcy which clears away majority of unsecured debts. Also known as liquidation or straight bankruptcy, it allows people that are behind on their bills and don’t have any means to afford living expenses and monthly payments to reset their finances. However, the filing
Chapter 11 bankruptcy process is designed to enable struggling businesses to maximize their return to owners and creditors after restructuring their finances. If you don’t qualify for Chapter 13 or 7, you can always file Chapter 11 bankruptcy. Attorneys at SBEMP (Slovak, Baron, Empey, Murphy & Pinkney) law firm provides
Bankruptcy Law People considering bankruptcy usually want to know how much it costs. The cost of bankruptcy may seem high, especially when money is tight. You should be aware of attorney’s fee, filing fees, and the cost of filing with an attorney versus on your own. You should also draw
Majority of people think that one of the spouse’s is legally required to change their last name for matching that of their spouse following their marriage. This is not the case anymore. Everyone is free to keep their name, hyphenate with a spouse’s name, take the name of their spouse,
Child Abuse Law It can be scary to report child abuse. This is especially if you are completely sure that the abuse took place. However, it is important that you report whatever you have heard or seen if you suspect any of it. You owe this to the child and