President Roosevelt’s most important achievement was ushering in the Social Security Act of 1935. The purpose was to provide a safety-net that would protect and promote  the general welfare of its citizens. Social Security began as a social insurance program designed to provide workers 65 years or older with a continuing income after their retirement. To […]

In divorce, the spouses are first asked to agree on an equitable division of their personal and real property. If the spouses cannot agree, they will be compelled to follow their state law concerning property division. This article covers the differences between community property states and separate property states, sometimes called equitable property states. But […]

What Is A Living Trust? A living trust possesses ownership rights and legal title to the assets contained in the trust and must be managed in accordance with the terms set out in the trust documents. The trust documents identifies the specific assets held in trust and the persons identity entrusted to manage and distribute […]

What are the differences between a Divorce and an Annulment? This article will cover the essential differences between a divorce and an annulment, as well as the advantages and disadvantages of each. Annulment An annulment is a court order that judicially determines the marriage was not legally validly entered into in the first place and […]

A prenuptial agreement, sometimes called a prenuptial contract or a premarital agreement, is when a couple about to be married enters into a binding contract that legally defines their marital rights and obligations before they marry. All States Now Permit Prenuptial Agreements As of 2022, all 50 states recognize the legal validity of prenuptial agreements. […]

Desperate spouses can sometimes take desperate measures to hide their assets in a divorce. Facing the possibility of financial hardship resulting from the divorce and the division of a limited amount of money can lead one spouse to hide assets from the other spouse.  Notwithstanding the reasons for intentional nondisclosure of assets during a divorce […]

Conflicts Over The Right To Inherit When you make a will, you affect your family’s future, which is usually a sensitive subject. So it’s advisable to begin by finding out what kinds of issues may arise when making decisions about who and under what terms your inheritors will receive a share of the inheritance. Also, […]