Most people, at one time in their life, have heard the common playground song, “first comes love, then comes marriage, then comes baby in a baby carriage,” but what happens when that isn’t the order? It is becoming more and more common for couples to have children outside of marriage, and this can negatively affect your rights to see your child.
Going through a divorce is a highly emotional time for most people and many people don’t even know where to start. You should make sure you are starting out on the right foot so your divorce can go smoothly and you will get the best result possible.
The increasing popularity of Uber, Lyft and other rideshare companies raises some interesting questions about what happens if they are involved in an auto accident. The vast majority of Uber drivers only have personal auto insurance coverage, which does not provide coverage for incidents or accidents occurring while engaged in business activities, such as carrying passengers for money.
John Doe, age 65, continues to work, not because he wants to, but because a few years ago he suffered a heart attack that resulted in fifteen thousand dollars in unpaid medical bills. He saved for retirement his whole life, but he knows unless he keeps working he will not be able to make his house payment, his credit card payment and pay his medical bills. Even if he works until he dies, he fears he won’t be able to pay off his bills. While Mr. Doe doesn’t really exist, this is a situation that arises time and time again.
Most of us don't. In fact over 65% of American's over the age of 60 do not yet have a will, trust or any kind of estate plan. Unfortunately, most people tend to procrastinate when it comes to estate planning. Let's face it, deciding who gets your assets when you are gone, and who will manage your assets if you become disabled, are tasks most people would rather ignore. But if you're reading this, you're probably ready to take that first step toward greater peace of mind.
DEATH IS CERTAIN
Disability Happens
Make Your Plan Today!
Please join the Harrison family for a special candlelight dusk memorial to honor and remember the life of our beloved Coach, Mentor & Friend, Cris Harrison. All ages are welcome and invited to attend this memorial, including those children and families that Cris coached over the years.
There will be several guest speakers, including Glen Gimpel, President of Palm City Dolphins and Doug Moreau, family friend and co-worker as well as a few kids that Cris coached.
Miami Herald- Underwater Homeowners Hold Their Breath
By KENNETH R. HARNEY
Under the federal tax code, if a lender forgives mortgage debt as part of a loan modification or other arrangement, that amount will be treated by the IRS as ordinary income and taxed accordingly. Typically the tax bill runs into the tens of thousands of dollars.
Many people think that in order to file bankruptcy you have to have more liabilities than assets. That’s simply not true and there are many times when filing a bankruptcy – particularly a Chapter 13 – will get you out of a financial mess even when you have assets.
We recently met with a couple who were over $30,000.00 behind on their mortgage payments. At the same time they owned some valuable property with very little debt.