A divorce decree is a mandatory court order. Discover the formal legal process for dealing with non-compliance and mandatory enforcement of its conditions. A divorce decree is the court’s final, mandatory order outlining the obligations of each individual after their marriage ends. When one party fails to adhere to these court-mandated conditions, they could be…
Learn about the possible legal and financial implications of not following a divorce decree. Navigating the outcome of a divorce can be difficult, especially when following the terms in divorce decrees. This legally binding document detail the rights and responsibilities of both parties, and compliance is vital to avoid legal consequences. Understanding these consequences is…
Creating a will can ease many legal and financial matters upon your passing. It’s legally binding documentation that guarantees your spouse, children, and other designated heirs are the beneficiaries of your estate. A will is also going to avoid tying up your estate in a prolonged probate process that can postpone the distribution of tangible…
Navigating the management of an estate is a responsibility that typically falls onto an executor. On the surface, the responsibility is straightforward, overseeing the deceased’s estate and allocating assets to the beneficiaries. Nevertheless, a general and vital question comes up: is the executor going to get paid before the beneficiaries? Let’s examine the layers of…
Even if your beneficiary designations have been set, a will provides an extensive and complete plan for your estate. This includes guidelines for covering assets and making critical decisions that designations may overlook. What Is The Purpose Of A Will? A will is somewhat straightforward documentation in which you declare what needs to happen to…
If you are going through a divorce, it’s important to consider how life insurance could affect the process. Let’s take a look at life insurance beneficiary rules after a divorce. How Does Life Insurance Work After A Divorce? What ultimately happens to a policy following a divorce will be directly influenced by the type of life…
A last will and testament is a legal document explaining how an wants their property and assets divided after death. Louisiana is the only state currently that requires a will to be notarized. You do not have to notarize your will for it to be valid in any other state. Of course, it never hurts…
While a living will and last will and testament undoubtedly sound similar, the truth is these are two different documents with clear-cut purposes. Let’s take a look at these two options and how they differ from one another. What Is A Living Will? Similar to a last will and testament, a living will is a…
A cohabitation agreement is a legal contract between unwed partners, detailing the overseeing of financial responsibilities and division of property in the event of separation or passing away. Much prenuptial agreements, these agreements are vital for couples that share considerable assets, children, or financial obligations, guaranteeing legal safeguards that marriage laws do not automatically provide…
Ending any marriage is never easy, but understanding the legal process can help you manage this difficult time. If you’re thinking about divorce, you might have heard the words “no-fault divorce” but are unclear concerning what it entails. This post is going to walk you through the key factors of no-fault divorce, from filing requirements…
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