Careful estate planning will ensure that your loved ones are taken care of if you die or become incapacitated. Use the tips below to itemize your assets and debts. Then, consult with a legal attorney about the steps you will need to take to prepare and maintain a will.
Your Assets
Prepare a list of your assets. This list should include real estate, vehicles, jewelry, and any other item that is of value.
- After any accident or injury due to someone else's negligence, you will typically get a call from the other party's insurance carrier. For most people, the idea of talking with the insurance company seems like no big deal. After all, you talk with your own insurance company to file claims sometimes, right? When it comes to a personal injury case, you should avoid talking with the insurance carrier yourself. Understanding some of the most common challenges of working with the insurance company can help you understand why it's best to contact an attorney first.
- One key tenet of personal injury law in the United States is that many people and organizations have a duty toward others. Failure to do that duty, known as breaching that duty, makes that party liable for compensation. However, some defendants try to shift that responsibility onto the victim by claiming that the victim assumed the risk. What is the assumption of risk as a legal concept? And how can you defend yourself against it?
- Asset protection is all about securing your assets and keeping them safe from creditors, lawsuits, and any other legal issues that may arise. Unfortunately, many people don't realize the importance of protecting their assets until it's too late. That's where asset protection attorneys come in. An asset protection attorney is a legal expert who specializes in helping individuals and business owners protect their assets from any potential risks. This blog post will take a closer look at what asset protection attorneys do and why it's essential to hire one.
- Drinking while driving is always a bad idea; the more significant the alcohol consumed, the more difficult you might find to operate your vehicle. However, even worse is the consumption of alcohol and certain types of medications, such as sleep medications. How Medications Affect Your Ability to Drive Certain medications can slow down reaction times and make it unsafe to drive. When combined with alcohol, the effects are even more potent.