Taking on the responsibility of guardianship for a child can be a major challenge and come with many legal implications. If you’re considering seeking guardianship for someone who is not technically yours — such as a niece, nephew, or any other relative or even a neighbor — it’s important to get up to speed with what this might entail before moving forward. There are several factors you may need to consider in terms of both resources and rights when approaching these kinds of situations; gaining guardianship is not something done lightly.…
As a parent and grandparent, you want to spare your family any contention after your passing. You want them each to receive a fair amount of your wealth and assets without them devolving into a fight over who gets what after you are gone.
However, a fight might ensue among your children and grandchildren if you pass away without a clearly written and legalized will. You can hire a local estate planning attorney to help you lay out the final plans for your will and execute it as you wish when you are gone.…
Are you about to get married and are considering a prenuptial agreement? If so, you’ll definitely want to know some of the things that should be considered when creating one.
Debt
A prenuptial agreement can also be used to decide who is responsible for debts after a marriage. This could include things that each person entered the marriage with, such as existing debts and loans. A prenuptial agreement can state that those debts will continue to belong to the person that incurred the debt after a divorce so that both people are not responsible for the debt.…
