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.
I wanted to pass along to you this link which has an article from the Ohio State Bar Association regarding the COVID-19 crisis and its impact on debt collection, especially with your stimulus checks, garnishments, payment of federal student loans and the like.
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.
Your family and friends want the best for you during your divorce and have good intentions. They all want to support you through the process of resolving your divorce. Unfortunately, the advice of family and friends is most of the times not correct and may cause you more harm than good.
Do your family and friends know the divorce laws in your state? Do they know the totality of your financial situation: The identity and value of your assets? The amount of your debt? How much you and your spouse earn per year? How much you spend? If not, how can your family and friends possibly give you good advice?
It's perfectly fine to use your family and friends for emotional support and to vent. It’s best not to follow their advice on what you are entitled to receive from your divorce or what you should do about issues arising during your divorce.
It’s best to leave that advice to your attorney. Your attorney has the education, training and experience to look after your best interests in your divorce.
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.
Do you own real estate? Do you know where your real estate deed is located? Have you reviewed your real estate deed recently?
If you cannot locate your deed, you may be able to obtain a copy of it from your county recorder's website. It is not necessary that you have the original, recorded deed in your possession. A copy of the deed shall be sufficient for your future use.
Is your real estate properly titled to meet your future goals? A husband and wife should make sure that their deed is a “survivorship deed”. Attorneys look for certain language in the deed to verify that the husband and wife in fact have a “survivorship deed”.
If you want your real estate to be transferred to your children (or other beneficiaries) after your death, you can accomplish this goal by having a Transfer-on-Death Designation Affidavit prepared and recorded indicating your wish to transfer the real estate to your children (or other beneficiaries) after your death.
Either of the methods described herein can help avoid the requirement to “probate” your real estate after your death.
We are also using similar procedures to assist our clients in signing their legal documents such as Last Wills & Testaments, Deeds, Affidavits, etc. The safety and health of our clients is important to us!
Thank you to our clients from the attorneys and staff at Bailey & Gunderson Co., L.P.A., with offices in Norwood, Western Hills and Anderson Township. Phone: (513) 631-0022.
The answer is that many creditors cannot according to the State of Ohio Attorney General. See the attached article for more information.
Do you have questions regarding this issue? Please call me at (513) 631-0022.
LEGAL NEWS YOU CAN USE FROM THE DESK OF MICHAEL S. BAILEY, ATTORNEY-AT-LAW.
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.