Entries by damg

What is Needed For A Basic Estate Plan?

Everyone needs an Estate Plan. Some people need a more complex one than others, but everyone needs one.  The very Basics you need are as follows: Will– need to designate Beneficiaries and Guardianship for Minor or Disabled Children. Durable Power of Attorney (DPOA)– Who will handle your finances, and needs if you are incapacitated and […]

A Special Needs Trust Allows You to Leave Your Estate

A Special Needs Trust Allows You to Leave Your Estate to Your Special Needs Child Without Jeopardizing Public Assistance Benefits For the Child A special needs trusts allows parents to leave funds to developmentally (Autism, Down Syndrome,  or another developmental or intellectual disability) or physically disabled children, but maintain the child’s eligibility for public health […]

Telephone Consumer Protection Act (TCPA)

The Telephone Consumer Protection Act (TCPA) protects consumers from receiving nuisance calls from creditors and marketers on home phones and cell phones since 1991.  TCPA restricts robo-calls made to all cell phones, whether they are for business or personal use. How do Creditors and Marketers Violate the TCPA: When they use automatic dialing systems, a […]

Difference Between a Chapter 7 and a Chapter 13

Difference Between a Chapter 7 and a Chapter 13 Bankruptcy Chapter 7 is a liquidation bankruptcy, it has two primary functions: reviewing your assets to see if you have non-exempt assets that can be turned into cash the trustee can liquidate to pay back some of your debts, while attempting to eliminate your remaining debts. […]

Hurricane Preparation

 Take Pictures and Video of Everything For insurance claim purposes, having photo or video evidence of your house prior to a storm is extremely beneficial. Without it, an insurance company will claim that the condition your house is in now was not a result of the hurricane. Record both the inside and outside (especially the […]

April-July Special- Chapter 7 at $795

Chapter 7- $795 excludes filing fee includes personal property appraisal and credit report. Chapter 13 -$1,500 down balance through plan capped at $4,500 plus administrative fees excludes filing fee, includes personal property appraisal and credit report, does not include loan modification ( additional $1800 through plan).   Carol A. Lawson, Esq., 28870 U.S. Hwy 19 […]

How to Save $1000

According to recent research, almost one-half of Americans live paycheck to paycheck  62% of Americans have no emergency funds.  Most  Americans waste 10-15% of their income on non-essential items. Here are some tips to create a small next egg. 1. Pay Attention to Your Spending Pay attention to your spending. Many of us spend money […]