It would be best if you named an adult to manage any money and property your minor children may inherit from you. What qualifies you for Chapter 7? The average of your monthly income in the previous six months must be lower than the median income for the same-sized household in your state; otherwise, you must pass what’s known as a means test. You can’t have filed for Chapter 7 bankruptcy in the previous eight years. Can I keep my home and car in Chapter 7? Chapter 7 bankruptcy allows you to keep your home if 1) you are current with your mortgage payments when you file for bankruptcy, and 2) your state laws approve of the bankruptcy exemption. Regarding your automobile, most chapter 7 cases allow you to keep the vehicle if you are current with payments. What do you lose if you declare bankruptcy? Filing Chapter 7 bankruptcy wipes out most types of debt, including credit card debt, medical bills, and personal loans. Your obligation to pay these types of unsecured debt is eliminated when the bankruptcy court grants you a bankruptcy discharge. However, the Executor can petition the court for authorization to receive a higher amount than the amount specified in the Will, and in such instances, “if the court determines that it is to the advantage of the estate and in the best interest of the persons interested in the estate,” under California Probate Code … 10802(d), the court may authorize the Executor to receive a more significant amount “than the amount provided in the will.”. I need an awesome probate attorney near 91933. If I were you, I would look into calling lawyer probate at ‘The Law Firm of Steven F. Bliss’ in San Diego. Can a will override a trust? A. No. The trust is activated by the will on the death of the first spouse/partner, and not at the time of executing the Will. If you are both alive and in care, the trust would not initiated, hence the local authorities can target the property when assessing liability for care fees. I seriously need a brilliant lawyer probate near 92118. If I were you, I would look into calling lawyer probate at ‘The Law Firm of Steven F. Bliss’ in San Diego. I am looking for an excellent probate lawyer near 91942. I would call Steve Bliss, he is an excellent probate lawyer I am in dire need of an awesome attorney probate near 92190. I would call Steve Bliss, he is an excellent probate lawyer.
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