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A Credit Counselor Versus a Bankruptcy Attorney


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A Credit Counselor Versus a Bankruptcy Attorney

When I was drowning in debt, I knew that soon enough I would need to file for bankruptcy. I simply didn't make enough to cover the amount of debt I had accumulated. However, I was not sure whether I should work with a credit counselor or a bankruptcy attorney. I did a lot of research on the subject and found that there are pros and cons to working with both a credit counselor and a bankruptcy attorney, and that you also had the option of working with both at the same time. Ultimately, I decided to hire the attorney, but that may not be the best option for everyone. I created this website to help you understand what a credit counselor is and what they do, what a bankruptcy attorney is and what they do and how each can help you if you are drowning in debt.

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Vital Reasons To Use Legal Will Preparation For Planning Your Estate

You may have specific desires for what you want to happen to your money, belongings, house, and other assets after you are gone. You also may want to bequeath certain items to certain people and exclude others from benefiting from anything in your estate.

However, you lack the fortitude and finesse needed to write down and make official your specific wishes. You can, however, ensure they are carried out to your specifications when you use a legal will preparation service while you are still alive and in sound mind.

Covering All Aspects

You may be uncertain of what details you need to include in your will. You might forget about practical matters like paying your last round of taxes to the state or federal government. You want to avoid passing on this burden to your loved ones.

You can ensure all of these practicalities are covered when you hire a legal will preparation service to help you devise your last will and testament. The legal advisor or attorney assisting you can remind you of what matters you need to take care of now and what ones you will need to ensure are covered after you are gone. You can avoid passing on burdens like estate taxes to your beneficiaries.

Naming Your Heirs

The legal will preparation advisors can also ensure your heirs are named in your will. You may want to bequeath property to just a few of your children and grandchildren, for example. You may want to exclude other relatives because of the fractured relationships you have with them.

You also may want to ensure some of your assets and money go to your favorite charities. You can ensure those beneficiaries are named so no one else can contest the will when you hire a legal will preparation service to draft and file it for you.

Facing the Inevitable

Finally, a legal will preparation service may help you face the inevitable and make plans for what you want to happen after you pass on. You may find the idea of writing out your will on your own daunting and unpleasant. You can hire advisors who have experience with writing and filing wills to handle this task for you.

A legal will preparation service can ensure your specific wishes are expressed in your final will and testament. You can plan out your estate and name your heirs. You can also cover practicalities like paying taxes out of your estate and hand off the task of planning your will to legal will preparation professionals.