Private Loans For Unaccredited School Not Student Debt in Bankruptcy

Chapter 13, Chapter 7, Student Loans & Bankruptcy

I was just talking with a friend of mine the other day, Damon Day; and he was mentioning that he is seeing more and more folks all across the country, who have attended these unaccredited schools and carrying an enormous amount of student debt.  I mentioned to him that I’ve already been in the bankruptcy […]

Expecting a baby? Did you add estate planning to your to-do list yet?

Estate Planning

As part of Facebook founder Mark Zuckerberg’s tax planning for his eventual sale of Facebook stock when it went public was to create a trust which passed some of his assets to his unborn children, thus saving him millions in gift tax. His wife was not even pregnant when Mr. Zuckerberg set up this key […]

In the past 24 hours…

Estate Planning

In the past 24 hours I have been told that a friend was diagnosed with cancer that requires at least 8 weeks of chemotherapy and that a client/friend has a heart problem requiring immediate medical attention. Some who believe that attorneys are only looking out for the almighty dollar may think that I immediately went […]

Is the entire mortgage due when an owner dies and the property is transferred to beneficiaries?

Estate Planning

Almost every mortgage contains a “due on sale” clause which provides that if the borrower transfers a piece of real property that is subject to a mortgage, the entire balance of the mortgage immediately becomes due. For example, if you sell your home, when the transaction closes, escrow will take the proceeds from the sale […]

“Lawsuit-Proof” Your Estate Plan

Estate Planning

Maybe you have created an estate plan to secure your assets from possible litigation once you pass away. But can you be certain that your estate won’t end up in court? Follow these six easy tips below to protect your estate from litigation and ensure your loved ones won’t wind up battling it out in […]

Medical recovery is severely limited by SB-833 effective January 1, 2017

Estate Planning

A very large concern for many people in California is the ability of Medi-Cal to lien and/or collect their assets. Currently, there are very complicated and expensive estate planning techniques that can prevent Medi-Cal from recovering estate assets. However, with California’s recent passage of SB-833, Medi-Cal’s ability to pursue the estate of a deceased Medi-Cal recipient in order to […]

National Estate Planning Awareness Week

Estate Planning

This week is National Estate Planning Awareness Week (October 15 – October 19, 2012). According to the National Association of Estate Planners and Councils (NAEPC), estate planning is one of the most overlooked areas of personal financial management. It is estimated that over 120 million Americans do not have up-to-date estate plans to protect themselves […]

The most important new year’s resolution

Estate Planning

The end of the year is such a hectic time for people with the hustle and bustle of the holidays. However, there is one important task that should be added to each person’s “to-do” list this New Year…review your current estate plan, or if you do not have an estate plan, make it your New […]

Top 6 reasons an estate plan is so important for families with children

Estate Planning

Naming a Permanent Guardian for your Children. With an estate plan, parents can nominate their choice of family member(s) and/or friend(s) to act as permanent guardian(s) to care for their children. If there is no estate plan in place, a court will be the one appointing a person of its choosing to act as your […]

Do your frequent flyer miles live on after your death?

Estate Planning

We recently had a client indicate that she was saving her frequent flyer miles for a trip to Paris, and she expected to have enough “points” within the next two years for her desired trip. But what would happen to all of those points if she were to die tomorrow? Without advance warning, Delta recently […]