Kirk Law Group

08/08/2023

It’s never too early to start thinking about your estate plan: The strategic decisions and investments you make now can increase the capital you’ll have available to finance your retirement years and late-in-life healthcare needs. An attorney can help you decide which estate planning tools make the most sense for your situation.

08/08/2023

How long bankruptcy stays on your credit report depends on the type of bankruptcy you file. Chapter 7 bankruptcy will stay on your credit report for 10 years, while Chapter 13 bankruptcy will only stay on your report for 7 years.

The time it takes for a bankruptcy to fall off your credit report depends on the type of bankruptcy and if it’s Chapter 7 and Chapter 13 filing. Learn more.

08/07/2023

In 2021 more than 3,500 drivers in the U.S. alone died in traffic accidents linked to distracted driving. And a new study suggests that distracted driving is even more unsafe than previously thought.

Multitasking can occupy attention longer than people anticipate  

08/04/2023

A grantor trust is a type of living trust in which the person creating the trust (the grantor) remains the owner of the assets and property in the trust for both income and estate tax purposes.

This revocable trust has all its income and deductions reported on the owner’s tax return. Learn more about how it works.

08/04/2023

Making the decision to file for any type of bankruptcy is likely to be a sounder one with the assistance of a qualified bankruptcy attorney.

The decision to file for bankruptcy when faced with overwhelming debt is one that most consider the last resort option. Here's when you should consider it, along with some alternatives.

08/04/2023

Steps to override your power of attorney vary by state. Check with a lawyer or local court to ensure that any method you take is legal.

You can override your own power of attorney agent if you are of sound mind. If not, loved ones can intervene on your behalf.

08/01/2023

Probate is a legal process that occurs after a death. In most cases, probate is a key part of settling the estate of a deceased person. If you want your loved ones to avoid this process, an estate planning lawyer can help you identify ways to facilitate the transfer of most or all of your property outside of probate.

When someone passes away, their estate may need to be probated. But what is probate? This guide explains what probate is, how the probate process works and offers some insight into how assets can be transferred outside of the probate process.

07/29/2023

Putting your property in a trust can be a smart way to ensure smooth transfer of ownership to your beneficiaries after your death, but it can be complicated. It's a good idea to consult closely with an attorney on your options

Assets placed in a trust, including a home, are protected in ways that they aren’t when owned individually.

07/27/2023

According to a study by the AAA Foundation for Traffic Safety, 21% of fatal crashes involved a drowsy driver.

Feeling tired after your trip? There's one thing to be aware of before you head home.

07/25/2023

Those thinking of how to preserve their family’s financial legacy can beat the so-called “third generation” curse through financial education, money management and hiring the right professionals to help.

As baby boomers prepare to transfer wealth to their children, those younger generations may be thinking of how to preserve their family's financial legacy. The "third generation curse" indicates that...

07/25/2023

Whether you're facing foreclosure, maxed-out credit cards or constant calls from creditors, you'll eventually have to do something for financial relief. One option is bankruptcy. However, you'll face a choice between Chapter 7 vs. Chapter 13 bankruptcy, so it helps to understand them.

Find out the key differences between Chapter 7 and Chapter 13 bankruptcy.

07/22/2023

Should the unexpected happen, having a will in place can be a simple way to avoid leaving important decisions about your assets and guardianship wishes to your state’s laws and courts.

Having a will in place, even if you're young, can be a simple way to avoid leaving important decisions about your assets and guardianship wishes to the courts.