Monthly Archives: May 2017
You Are Never Too Young For Estate Planning
As college students graduate at this time of year and embark on “adulting,” it is important to understand the benefits of being proactive about planning for the future. At this point in life many young-adults will get their first “real job” and start receiving benefits and insurance plans for the future. With these firsts… Read More »
Congress Votes on Bankruptcy Reform For Banks
Recently the United States House of Representatives voted to approve new legislation on bankruptcy code for banks across the country. Officially known as the Financial Institution Bankruptcy Act of 2017 (FIBA), the legislation is designed to avoid taxpayer bailouts and financial crisis in the event that a bank fails. Supporters of the legislation believe… Read More »
Why You Need to Start Thinking About Your Will
According to statistics, a staggering 64 percent of Americans do not have a last will and testament. This figure is extraordinarily high, and is likely due to the fact that mortality is a topic people like to avoid as it brings about a certain uneasiness. However, a will is vital to ensuring the safe… Read More »
Bank of America to Pay $46 Million In Foreclosure Case
In a recent 107-page ruling, a California judge called Bank of America’s behavior in handling a foreclosure “heartless” and “brazen”. The circumstances surrounding the case began in late 2009 when the Sundquist family of Sacramento, California requested to modify their home loan. The Sundquists spoke with Bank of America, who directed them to default… Read More »