If you recently got a divorce and you have to pay child support, or you expect to owe support in the near future, you likely have a number of questions. Many parents pay child support by having income withheld by their employer. Make sure you familiarize yourself with...
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Can you save your finances from divorce?
Your finances are one area that may feel the impact of your divorce. Splitting your assets, debts and investments with your ex could impact your wealth and your savings. With attentive care and proactive planning, you can protect your money. While you will need to...
Is it time to review your estate plan?
After creating your estate plan, it is important to keep on top of updating it. After all, your estate plan must reflect your most current life circumstances. It must be up to date with local laws and reflect your current desires. But when is it right to review your...
How does North Carolina law divide property in divorce?
A North Carolina divorce involves splitting property the spouses have accumulated during the marriage. The statutes refer to equitable distribution when addressing how the state divides marital property. Equitable distribution is a more common way to divide debt than...
How should I choose a health care agent?
Your estate plan helps you care for your family after you are gone, as well as create a plan for your assets. It can also benefit you while you are still alive and unable to make major healthcare decisions on your own. This is where your living will and health care...
Tips for parents to support their children’s wellbeing during a divorce
Parents may understandably worry about the impact that a divorce can have on their children. However, there are several things that parents can do to give their children some reassurance during a time that feels full of uncertainty. Minimizing the disruptive effect of...
What are the pros and cons of payable on death accounts?
The time and expense associated with processing your estate through probate is likely why you are exploring different options to pass your assets to anyone you want to inherit from you. To bypass probate, many people look for mechanisms to convey assets to heirs...
How should you talk to your children about your divorce?
Finding a time to address a major life change may frighten a lot of parents. Children could react poorly or even refuse to discuss the topic at all. However, knowing a few methods for approaching this subject can help you stay focused and calm. Expect the unexpected...
What is a springing power of attorney?
Powers of attorney are legal instruments that allow other people to act on your behalf. There are many different types, and each could have a unique function in your estate plan. You might also note that laws vary from state to state, and that the United States has...
What to address in a living will
Even if you consider yourself to be of optimal health, creating a living will gives you an opportunity to state what you want to happen in the event that a serious health emergency or issue arises. A type of advance directive, the living will gives doctors – and your...