Many parents have this idea in their head that they can only be a good parent if they have a constant presence in their child's life. This real, physical presence is a great thing to have and does come with many benefits. However, it is not always feasible. This is...
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Year: 2022
How do you rebuild your financial house after bankruptcy?
Rather than wait to put yourself back on solid financial ground after filing bankruptcy, you want to get a head start. Taking the proactive approach could benefit your financial health sooner rather than later. NerdWallet explores tips for rebuilding credit after...
Choosing between an irrevocable and revocable trust
Whether an irrevocable or a revocable trust works best for your purposes will depend on your objectives for creating one. Consider tax benefits, ownership, flexibility and debt when deciding between the two. While both trusts efficiently distribute assets to your...
How should you approach someone about overseeing your estate?
A critical component of an effective estate plan is naming someone to be your executor. Without a trusted individual to oversee the closure of your estate, your plan may lack the support to work the way you intended. Approaching someone about his or her willingness to...