According to the U.S. Bureau of Labor Statistics, the average American household spends just over $6,000 per month on bills. This number is almost 10% higher than it was just a few years ago.
Are you having a tough time taking care of your bills, or are you in charge of helping a loved one
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Attorney Answers: Can an Inheritance Be Taken in a Divorce?
Your uncle left you a nice inheritance and naturally, you and your spouse are thrilled. Perhaps you use the money to buy a house or dutifully deposit it into your retirement account. But what happens to the funds if you and your spouse decide to split up? Can an inheritance be taken in a divorce?…
What Is Wrong With the Justice System in America?
“What is wrong with the justice system in America?” is a complicated question with many different answers. Some would argue it would take less time to answer the question, “What isn’t wrong with the justice system in America?”
America’s justice system is routinely criticized for its overcriminalization and its noted lack of accountability when it…
A Guide to Asset Protection for Tech Industry Companies
Big Tech has a big problem on its hands when it comes to dealing with legal issues. Some of the largest tech companies in the country, including Google, Meta, Apple, and Amazon, have all faced lawsuits filed by federal agencies over the last few years.
It isn’t just tech titans facing the legal wrath…
Key Strategies To Safeguard Assets During Economic Downturns
Economic instability is on many Americans’ minds. According to a recent survey, nearly 40% of American households admit they’re having a difficult time making ends meet in 2024.
If you’re concerned about the economy, searching for strategies to safeguard assets during economic downturns can help you sleep better at night. If you take the right…
Effective Asset Protection for the Cannabis Industry
With cannabis legalization steadily coming to more states nationwide, there’s never been a better time to jump into the industry. Running a cannabis business can certainly be profitable, but it also comes with unique challenges that can land owners in financial and legal hot water.
In this guide, you’ll learn everything you need to know…
How To Protect Trust Assets From a Beneficiary’s Divorce
The U.S. divorce rate has declined dramatically for most Americans over the last few decades. But a recent USA Today report revealed it has doubled for those over 55 since 1999. For this reason, married Americans should consider learning how to protect assets during a divorce by using a trust.
But why stop there?…
How To Protect a Rental Property From a Lawsuit
Do you own one of the almost 20 million rental properties in the U.S.? A rental property is one of the many lucrative real estate investments you can make. It can generate plenty of passive income each year.
However, you will want to take steps to protect a rental property from a lawsuit. Learning how…
How Often Can I Pull Assets Out of My Trust?
Trusts have many benefits, including protecting assets, minimizing taxes, avoiding probate, and helping family members manage financial affairs. Trusts can be revocable or irrevocable, offshore or domestic, for education or special needs, but they all hold assets for specific beneficiaries.
Whether you are a trust fund beneficiary or are considering transferring property into a…
How Do Offshore Accounts Work? Learn the Basics of Offshore Banking
Many people choose offshore banking to safeguard their assets, run a business abroad, or profit from higher interest rates. If you’re thinking about opening a bank account outside the U.S., you may ask, “How do offshore accounts work?”
Is it legal to hold bank or investment accounts in a foreign country? What are the pros…