Monthly Archives June 2018

A Trust With Restrictions

When the person creating a trust has concerns about the spending habits of a beneficiary of that trust, a “spendthrift trust” may be created that provides an independent trustee with full authority to make decisions about how the trust’s funds may be spent. The terms of the trust, which can be wide-ranging in possibilities, place the trustee in control of the trust property and of any benefit the beneficiary receives. The grantor must consider how much control to give to the trustee and describe the trustee’s power in detail. The grantor must also decide how and when the trust will
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Get a Fresh Start

According to a recent analysis by Jonathan Fisher, who is a research scholar at the Stanford Center on Poverty and Inequality, the “median income for bankruptcy filers is $42,000, which is $6,000 less than the national median.” His analysis goes on to point out that bankruptcy filers are more likely to be employed than not, to be veterans, and to be disabled. Most people can file bankruptcy without losing their home, their vehicle, or their retirement savings. For many individuals, filing for bankruptcy relief can provide a way out of debt and a fresh financial start. But whether a bankruptcy
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Mediation

Mediation is an increasingly popular alternative to the traditional divorce process.  During mediation, the parties work with a neutral attorney-mediator to assist them in reaching agreements regarding child placement, financial matters, and future planning. The attorney-mediator does not represent either party and does not provide legal advice.  The attorney-mediator guides the parties through the process by providing information and direction.  She can also draft the necessary court paperwork based upon the parties’ agreements. Mediation can also be appropriate for family conflicts other than divorce, including paternity cases and post judgment issues.  Attorney Sally Hoelzel is a trained family attorney-mediator.  She
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Attention Graduates!

The excitement of graduating from high school cannot be overstated. It is an exhilarating time for students and parents alike. The thought of going off to a distant city and a new college, or going out into the work force, is filled with nervous excitement for the young adult. As each person heads out into their new life, it is important to understand that because they are legal adults over the age of eighteen, it is necessary to sign Health Care Power of Attorney and General and Durable Power of Attorney documents so that their parents can continue to make
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