Options if your ex is behind on child support
Let’s face it, being a single parent is no easy feat. Even if the other parent is paying child support, raising children in a one-income household can be incredibly difficult. And if those payments cease, covering those necessities can be a tall order. A child support order, like any other court order, is binding. If...
Options if your ex is behind on child support Continue reading…Why do people establish trusts when they already have a will?
A will is a legal document that outlines what happens to a person’s estate after they pass away. A trust is much like a will. It helps determine where assets are distributed after someone dies. Initially, you may believe that a will is better than a trust. After all, it seems like a trust only...
Why do people establish trusts when they already have a will? Continue reading…When should you modify a child support agreement?
If you and your ex-spouse have kids, you will take care of them through child support. In Louisiana, the Child Support Enforcement section of the Department of Children & Family Service (DCFS) administers child support services. The state follows certain guidelines to determine how parents will pay child support based on their income. However, in some situations, you may...
When should you modify a child support agreement? Continue reading…Is your ex alienating you from your child?
If you choose to file for divorce, that process will mark the end of the romantic relationship between you and your spouse. If you have a child, however, your relationship will never end in specific ways. Raising a child in two separate households can be a very stressful experience, especially if you are not getting...
Is your ex alienating you from your child? Continue reading…4 reasons to have a prenuptial agreement
Everything may seem perfect with your relationship when you are thinking of tying the knot. The idea that you may have a fallout one day may not once cross your mind, and a prenuptial agreement may be the last thing on your mind. However, it’s better to be safe than sorry. A prenup can help...
4 reasons to have a prenuptial agreement Continue reading…Am I responsible for my parent’s debt as their executor?
Handling succession court when your parents die is a big responsibility. They may have specifically named you in their estate planning documents as the person they wanted to settle their affairs, or you may have assumed the role through the courts. In either scenario, it will be your responsibility to settle their affairs and distribute...
Am I responsible for my parent’s debt as their executor? Continue reading…Advice for the divorce conversation
If you’ve decided that you want a divorce, you eventually have to have a divorce conversation with your spouse. This can be a very difficult talk, and it sets the stage for how the divorce will proceed, so it is very important. In order to help this go smoothly for you, below are a few tips that...
Advice for the divorce conversation Continue reading…Is your marriage really at an end?
Many people consider divorce at this time of year. Yet how can you tell if it is just the holiday stress you are dealing with or if things really have reached the end? Here are some ways you can help yourself to decide and then move forward if you are sure: Think back to other...
Is your marriage really at an end? Continue reading…Does your estate plan need a DNR?
If you have a health crisis and you stop breathing, you believe that no more steps should be taken. You do not want the medical team to resuscitate you. Maybe you have religious reasons for thinking that this is a valuable position, or perhaps you just think that resuscitation is delaying the inevitable at that...
Does your estate plan need a DNR? Continue reading…If you put a sunset clause in your prenup, don’t forget about it
When you put a prenuptial agreement in place, there’s no expiration date on it – unless you include what’s commonly known as a sunset clause or sunset provision. Some couples will replace their prenup with a postnuptial agreement, or postnup, at some point after the wedding takes place. Some people draft a postnup early on in...
If you put a sunset clause in your prenup, don’t forget about it Continue reading…What are revocable and irrevocable trusts?
Creating a comprehensive estate plan enables you to provide instructions about who will get what when you pass away. You can do this through a will, but that has to go through the probate process. A better option for some people is to establish trusts, which don’t go through the probate process. All trusts are...
What are revocable and irrevocable trusts? Continue reading…How important is a power of attorney?
A power of attorney (POA) document enables you to designate someone that will act on your behalf in your absence, like when you are mentally or physically incapacitated. Such an eventuality may arise after a sudden illness or accident that leaves you unable to make sound decisions. The person you give power of attorney is known as...
How important is a power of attorney? Continue reading…