A Matter of Will

Failure to draw up a will leaves your survivors facing the prospect of having your property distributed under the state’s laws, which are strict in their distributions. Individuals who die without wills are said to have died intestate. Each must face the fact that those who die without having wills
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Is An LLC Right For Your Business?

A Limited Liability Company is a business that combines the pass-through taxation of a sole proprietorship with the limited liability of a corporation. An LLC may not be right for every business; however, some advantages are reflected in its flexibility. The Operating Agreement of an LLC can be so flexible
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Think of Your Children

One of the most important aspects of drawing up a will for parents of young children is appointing a “guardian” to raise the children if both parents were to die before the children reach adult age. Failure to prepare for the eventuality presents possible ramifications that are far too great
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Credit Counseling

Before filing for Chapter 7 bankruptcy, an individual must first seek credit counseling from an agency approved by the U.S. Trustee’s office for their region within a 180-day period before filing. The goal of credit counseling is to provide a sense of whether a person really needs to file for
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Are You Cut Out To Be An Executor?

Executors will encounter minimal difficulty if they follow the provisions of a properly drafted will. However, if the testator’s affairs are complicated, the executor may not have the knowledge or skills necessary to do the job. A person has the right to decline the position of executor at the outset
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Parenting Plans

When it comes to divorcing couples with children, perhaps no other issue evokes as much passion and emotion as that of the “parenting plan.” This document proposes how the care of the children, the decision-making process concerning important matters, and the amount of time spent with each parent will be
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Going Corporate

One of the primary reasons that corporations are formed is that they provide liability protection to their owners. In order to preserve this legal separation between the corporation and its owners, officers, and directors, it is necessary to comply with all the requirements in running the corporation. Furthermore, the corporation
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Can Bankruptcy Prevent Foreclosure?

Homeowners faced with foreclosure might want to consult with an attorney about filing for Chapter 13 bankruptcy to save their homes. Once the filing is made, the federal bankruptcy court issues a “stay” that bars all creditors (including mortgage lenders) from attempting to collect on debts without the court’s permission.
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All in the Execution

While a person might be flattered that he or she has been appointed executor of someone’s estate, accepting the role necessitates some hard thinking. An estate executor is likely to find the job to be lengthy and exhausting. Generally, it is the estate executor’s job to protect a deceased person’s
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Pre-Marital Planning

Certainly, no one enters into a marriage thinking that it will not last. However, individuals entering a second marriage, in particular, may want to protect assets for their children from previous marriages. The “prenuptial agreement” is a contract that can spell out how assets will be distributed in the event
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“Se Habla Español”

You may know it means “Spanish is spoken” and you may also like to know the phrase “para servir” which means “to serve”.  The legal profession revolves around service to clients.  It can be as simple as explaining the issues in English and then clarifying their meaning in Spanish.  Or
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Why Probate?

Probate is required in Wisconsin if a deceased person passes away with more than fifty thousand dollars of assets in his or her name.  In order to distribute these assets to heirs, a court case must be opened in the probate court.  Probate usually takes six to nine months for
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