Reverse mortgages have proven to be lifesavers for older people looking to supplement retirement incomes or obtain money to pay for medical expenses. With the number of late-life divorces doubling since 1990, however, chances are high that many older couples will have to figure out how best to divvy up the proceeds and debt related to reverse mortgages so it's fair to both parties. Here are a few ways you can tackle this issue during your separation. [Read More]
2 Things To Know About Suing A Car Rental Agency For Negligence
Settling a car accident is often a complicated and drawn-out process, but it can be even worse if the accident involves a car that you rented from a rental car agency. While the agency is not at fault for an accident you cause while driving a rental car, the agency may hold responsibility if there was a defect in the car. The hard part of a case like this is proving that the car had a defect and that this is the reason the accident occurred. [Read More]
Filing For Chapter 7 Bankruptcy? Here Are A Few Terms You'll Need To Know
Bankruptcy proceedings can be complicated, especially if you aren't familiar with the legal terminology used to refer to your debts and assets. Before you submit anything, it's important to understand how your debts will be handled and which assets you will be able to keep once the process is complete. Types of Debt Secured Secured debts are tied to a piece of property like a home or a vehicle by a lien against it. [Read More]
Can Your Child Receive Social Security Disability For Mental Health Issues?
If your child is dealing with a diagnosis of attention deficit hyperactivity disorder (ADHD), autism, or another disorder or diagnosis which may impair his or her ability to become self-supporting, you're likely looking into the various options available for your child's future. One of these options may include applying for and receiving federal disability benefits, including Supplemental Security Income (SSI). Read on to learn more about which conditions will allow your child to receive SSI payments, as well as the advantages and disadvantages to applying for these benefits now. [Read More]