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 Write Off Alimony Payments On My Taxes Ah, taxes. As if a divorce isn’t bad enough on its own you also have to think about the tax implications of the decisions that are made within your case. It’s a situation where you are adding insult to injury. Regardless of how it makes you… Continue reading Can I Write Off Alimony Payments On My Taxes
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
