The overall divorce rate in the United States is declining. Americans have long been aware that the odds of a successful marriage were, statistically speaking, only one out of two. That's not terrific odds, by any measurement.
What are the main duties of a trustee?
Being named the trustee of someone's funds can be a somewhat overwhelming responsibility -- especially if you aren't sure what's expected.
Tips for the pre-adoption home study
For would-be adoptive parents, there's seldom anything more anxiety-provoking than the home study that's required before the adoption can be approved.
When your parents die broke
Losing a parent is one of the most difficult things you may ever go through, and it can prove even more emotionally taxing if you are the one in charge of handling your mother or father’s estate after his or her passing. Increasingly, members of the boomer generation are passing away and leaving considerable debt behind, which, in many cases, leaves their loved ones wondering what to do about it, and whether they, themselves, might be on the hook for it. If you count yourself among those who have recently had a parent die broke or without leaving enough money behind to cover debts and financial obligations, here are some key things you should know:
Don't let creditors convince you to pay a deceased parent's debts
It's probably the last thing you expect following your mother or father's death, but don't be surprised if the creditors start calling.
