People always assume that the main purpose of writing a will is to decide who gets a share of the decedent's estate. This may be true, but it is not the only reason for writing a will. There are other reasons why you should write a will other than deciding your loved one's inheritance. Other things you can include in your will include: Executor In writing a will, you shouldn't just specify who gets what; you should also name someone to ensure that all your directives are followed.
Getting laid off is never fun. Depending on your life's circumstances, it can also be quite emotional or even traumatic. One way that some companies try to soften the blow is by offering laid off employees a severance package designed to ease their financial burden in the month ahead and provide a financial reward for their years of service to the company. If you find yourself in this situation, make sure you read the contract before you sign the dotted line.
Tax season is often one of the most stressful times for many people, but much of this stress stems from a lack of understanding about taxes. People often fail to appreciate the ramifications of failing to pay their tax debts. By knowing answers to a couple of common questions, you should be better informed about your rights, risks and responsibilities as a tax paying citizen: What Can Happen If You Fail To Pay Your Taxes?
Now that it's time to sit down with your divorce attorney, there is some vital information that you should have ready. While your financial documents are probably not the most pressing thing on your mind right now, they should be. Your financial documents will become an important part of the settlement process. Take a look at some of the items your attorney will need when they start negotiating your settlement.
The process of filing for divorce is still a mystery to many people. If your marriage comes to an end, here is a list of step by step instructions on how you can start taking steps to finalize your divorce in a court of law. 1 - Make the decision that the marriage is over. You should have made previous attempts to salvage the marriage by entering couple's counseling and working with your partner to resolve you differences.