Everyone should have an estate plan in place. Life is short, and the unexpected happens every second of every day all around the world. But when you have a special needs child, estate planning is even more important. If something should happen to you, what would happen to them? If you don't legally have a plan in place, you need to get one immediately. Here's what you need to get started preparing for the future.
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Despite much information to the contrary, many people just never get around to making a will. Perhaps they mistakenly feel that their estate was too small or they were just intimidated by the process. One major misconception is that if you don't have a will, there will be no need for probate. This is not only incorrect, but could cause probate to be a lot more complicated than it would be if there was a will to probate.
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If you are the victim another driver's bad driving, carelessness or negligence, you are very likely entitled to several different forms of compensation. While the insurance company will probably help you with your medical bills and get your car back on the road, that is very likely the limits of that form of help. If you are dealing with a head injury, it can be a lot more complicated when it comes to getting the help you deserve, so read on to learn more.
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If you are in the entertainment industry, whether you are a singer in a band, performer, or screenwriter, you should know that there are legal situations you might be involved in. You don't want your idea to be used by someone else and you want to make sure all legal documents are completely understood; these are just a couple reasons why getting an entertainment lawyer is a good idea. Here are some different times when you should get an entertainment lawyer.
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Getting a divorce can be an expensive process, but know that those costs will not necessarily cost you their face value. It's possible to benefit from some tax deductions because of a divorce, which could get you some of that money back.
Alimony
Are you the one that is giving alimony payments to your former spouse? If so, know that you are able to deduct those alimony payments when filing your taxes.
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