If you have found yourself 'up-side-down' in your financial situation, there is hope. Student debt, high healthcare costs, and an increased cost of living, in general, are making things hard for millions of Americans. Fortunately, there is a way to achieve a fresh-start where you can breath again.  I can help you sort through this process to find the right Chapter for your situation and then file for you.

 Probate 

If you've ever lost a loved one and had to administer their estate, then you know the seemingly insurmountable stress and the overwhelming pressure that accompanies it.  There are funeral arrangements, family obligations, and all of that person's belongings to go through, and that's just the tip of the iceberg.  If they had a will or died intestate their estate will likely need to go through probate. Allow me to guide you through this arduous process and take care of the mounds of tedious court forms so you can deal with what's really important.

  

 

 

A spendthrift trust is a type of trust that is designed to protect the assets of someone who may be unable to manage their own finances, such as someone who is irresponsible with money or has a spending addiction. The trust is set up so that the assets are managed by a trustee, who has the discretion to use the assets to provide for the needs of the beneficiary. The beneficiary usually does not have the right to take possession of the assets outright, and the trustee is responsible for making sure that the assets are used in the best interests of the beneficiary.

 

The trustee is typically given a wide range of powers to manage the trust assets, such as the ability to invest the assets, make distributions for the beneficiary's support, and even to make payments to third parties on behalf of the beneficiary. The trustee has a fiduciary duty to manage the trust assets for the benefit of the beneficiary and to act in the best interest of the beneficiary.

 

Spendthrift trusts can be useful in protecting the assets of someone who has difficulty managing their own finances, but it also limits the beneficiary's control over the assets in the trust. Give me a call and I can help you determine if a spendthrift trust is an appropriate option for your situation.

 

 

**None of the information provided here is intended as legal advice and no attorney-client relationship is formed between us until we have a formal written and signed agreement.**