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Various Blogs regarding Cincinnati Family Law, Estate Planning And Bankruptcy.

At Bailey & Gunderson, our attorneys help people going through some of life's most difficult challenges. We bring our experience, skill and creativity to every case, taking on all types of Family Law including Divorce, Bankruptcy, Probate and Estate Planning issues.  Learning that most people ask the same questions - this blog is our way of providing some general legal information.  Feel free to contact our Cincinnati Law Offices to discuss your specific situation. 

Have you been nominated in a Last Will & Testament to serve as the executor of a parent’s or family member’s estate? What are your responsibilities as the executor of an estate?

I found this summarization from a local bank that identifies several responsibilities and obligations of an executor of an estate. The link to the webpage is stated below. This summary may help you plan for the future as you serve the role of an executor of an estate.

Do you have any questions regarding serving as an executor of an estate or the estate administration process? If so, call me - Michael S. Bailey, Attorney at (513) 631-0022.

This insight into the law is provided by Michael S. Bailey, Esq. of the law firm of Bailey & Gunderson Co., L.P.A., with offices in Norwood and Western Hills. Phone: (513) 631-0022.

https://www.53.com/content/fifth-third/en/wealth-management/resource-center/wealth-estate-planning/estate-settlement-101.html?cid=em:et:insights_education::

 What is an Executor's Obligations?

 

Executor

 

Have you fallen behind on your mortgage payments and/or car payments? Did you know that you can save your real estate from a foreclosure or your automobile from a repossession by filing for Chapter 13 bankruptcy?

A Chapter 13 bankruptcy shall allow you to retain these assets. A Chapter 13 bankruptcy will allow you to catch-up the delinquent payments so that your accounts may become current.

Do you have any questions regarding filing for Chapter 13 bankruptcy? If so, call me, Michael S. Bailey - Attorney at (513) 631-0022.

This insight into the law is provided by Michael S. Bailey, Esq. of the law firm of Bailey & Gunderson Co., L.P.A., with offices in Norwood and Western Hills. Phone: (513) 631-0022.

 

Chapter 13 Foreclosure

LEGAL NEWS YOU CAN USE FROM THE DESK OF MICHAEL S. BAILEY, ATTORNEY-AT-LAW.

If you have questions, call me at (513) 631-0022.

Divorce is hard enough on children without the parents pushing them into a tug-of-war over who they love more. Parents in a divorce should continue to love their children and support them both emotionally and financially. Children will respond to the divorce only as well as their parents do. Attorneys can provide advice and guidance for their clients to protect their children and provide for their best interests.

This insight into the law is provided by Michael S. Bailey, Esq. of the law firm of Bailey & Gunderson Co., L.P.A., with offices in Norwood and Western Hills. Phone: (513) 631-0022.

 

Children Divorce

ELVIS HAD A LAST WILL & TESTAMENT -- SO SHOULD YOU.

LEGAL NEWS YOU CAN USE FROM THE DESK OF MICHAEL S. BAILEY, ATTORNEY-AT-LAW.

If you have questions, call me at (513) 631-0022.

Everyone should have a Last Will & Testament. Even Elvis Presley knew he had to have a Last Will & Testament to plan for his estate.

A Last Will & Testament is used after your death for the following issues:

1. To cancel any prior Last Will & Testament.
2. To designate the specific disbursement of your assets.
3. To nominate an executor for your estate.
4. To nominate a guardian for your minor children.
5. To establish a testamentary trust and to nominate a trustee for your beneficiaries under a certain designated age; or for beneficiaries who may need assistance with the management of his/her inheritance from your estate.
6. To be used for your overall estate planning.

Without a Last Will & Testament, the State of your final residence has laws to decide how your assets are distributed and who shall serve as the executor of your estate.

You have a choice just like Elvis did. Don’t let the State decide these issues for you. If you do not have a Last Will & Testament, we can help prepare one for you.

This insight into the law is provided by Michael S. Bailey, Esq. of the law firm of Bailey & Gunderson Co., L.P.A., with offices in Norwood and Western Hills. Phone: (513) 631-0022.

 

Will A

HOW OFTEN CAN YOU FILE FOR BANKRUPTCY?

LEGAL NEWS YOU CAN USE FROM THE DESK OF MICHAEL S. BAILEY, ATTORNEY-AT-LAW.

If you have questions, call me at (513) 631-0022.

We are often asked by clients who have previously filed for bankruptcy (and are having financial problems again) how long they must wait to file for bankruptcy again to receive a discharge of the client’s debts. Here are some general rules:

If you need to file a Chapter 7 Bankruptcy: You cannot receive a discharge in a new Chapter 7 Bankruptcy if you received a discharge in a prior Chapter 7 Bankruptcy filed within eight (8) years of the filing date of the new Chapter 7 Bankruptcy. If the prior filing was a Chapter 13 Bankruptcy, the prior Chapter 13 Bankruptcy must be reviewed to determine how long you must wait to file a Chapter 7 Bankruptcy.

If you need to file a Chapter 13 Bankruptcy: You cannot receive a discharge in a new Chapter 13 Bankruptcy if you received a discharge in a prior Chapter 7 Bankruptcy filed within four (4) years of the filing date of the new Chapter 13 Bankruptcy; or received a discharge in a prior Chapter 13 Bankruptcy filed within two (2) years of the filing date of the new Chapter 13 Bankruptcy.

This insight into the law is provided by Michael S. Bailey, Esq. of the law firm of Bailey & Gunderson Co., L.P.A., with offices in Norwood and Western Hills. Phone: (513) 631-0022.

 Bankruptcy E

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