Creditor Claims Against Retirement Assets Creditor claims is defined as written claim filed in federal bankruptcy court by a person or entity owed money by a debtor who has filed for bankruptcy. A written claim filed in probate court by a person or entity owed money by a person who has died. State law sets… Continue reading Creditor Claims Against Retirement Assets
Can I Pay My Ex Cash For Child Support? If you have a child and you don’t live with your child, chances are you will pay child support. If you get divorced and have kids or have a paternity case, in Utah you’ll surely pay child support. If you do pay child support, how should… Continue reading Can I Pay My Ex Cash For Child Support?
Can I Get My Child Support Changed If I Lose My Job? When you lose your job, your child support order doesn’t just go away. You still owe the unpaid amount in arrears, which can’t be discharged in bankruptcy and usually can’t be reduced retroactively. But the court can modify your support obligation when you… Continue reading Can I Get My Child Support Changed If I Lose My Job?
How Much Does Adoption Cost? Adoption is one of many different family-building options that you can choose from. Although it’s a great option, the Utah newborn adoption process isn’t the right option for every family. Before beginning the Utah child adoption process, couples must be united in their adoption goals and expectations. If you struggled… Continue reading How Much Does Adoption Cost?
Can Child Support Be Reduced If I Have More Children After a separation or divorce, life keeps moving forward. For many, it can feel like the start of a new chapter. You are likely to go on and build new relationships. You may even end up having more kids. With changes in circumstances, such as… Continue reading Can Child Support Be Reduced If I Have More Children
Beneficiary Designation And Estate Planning A beneficiary designation is the act of naming the person who will inherit an asset in the event of the account owner’s passing. Some common examples include life insurance policies and retirement accounts. When the account owner passes away, their assets are then transferred to the beneficiary that they designated.… Continue reading Beneficiary Designation And Estate Planning
Bankruptcy In Utah If you are struggling with debt, bankruptcy might be a good option. But before you file for Chapter 7 or Chapter 13 bankruptcy, explore alternatives to bankruptcy. In some situations, a non-bankruptcy course of action may be your best remedy. If your main concern is that creditors are harassing you, bankruptcy is… Continue reading Bankruptcy In Utah
Can Things I Purchase For My Child Count Towards My Child Support? The temperatures are starting to drop and holiday cheer is starting to fill the air. As many people complete their Christmas shopping, some might be wondering, “can holiday gifts be counted towards child support?” Child support can be a complicated issue and it… Continue reading Can Things I Purchase For My Child Count Towards My Child Support?
Are There Financial Benefits To Adoption? The two major financial benefits available to adoptive parents are federal tax credits and adoption subsidies. A federal tax credit is a reduction of your federal income tax in the year in which you adopt a child. The conditions for claiming this credit are complicated depending on many factors… Continue reading Are There Financial Benefits To Adoption?
Pre-Negotations Of Real Estate Loans A pre-negotiation letter establishes the framework for the parties to discuss either a loan modification, loan workout, or some other option. It is commonly entered into if the borrower requests a loan workout or forbearance following one or more default notices but before the start of formal enforcement proceedings. This… Continue reading Pre-Negotations Of Real Estate Loans