Recent Blog Articles

Successive Marriage Finances

Posted 2010-02-18    Laura McDonald, Paralegal

Every marriage is different. And successive marriages are going to be more complicated. You're a little farther along the financial trail this time. On the upside, you may have accumulated cash or property. There's the downside at this junction sometimes too - debt may have followed you.

Either way, finances can be a make or break situation in your new relationship, so be sure to come to agreement on all issues. Did you agree to joint finances? If not, do you understand how your separate accounts will contribute to your budget?

If either spouse has pre-marital equity or holdings, you may wish to keep those items completely separate, especially if there are children on either side who will inherit. Don't wave it away to worry about later, reach your agreements now! Consulting with an attorney regarding pre- or post-nuptials is an excellent idea, and just might give you both the peace of mind that will boost your statistical chances for a happy, healthy marriage. Let's face it - statistics are staggeringly not in favor of a successive marriage lasting. Launching such a relationship with as much going in its favor as possible is simply the smart thing to do.

While you're at your attorney's office, inquire into exactly how your marital equity may be assessed in any property currently owned by your spouse. It varies somewhat from state to state. Ensure both of you understand all aspects in order to arrive at the best agreements concerning finances.

This approach may seem negative – is it actually planning for divorce at the beginning of a new marriage? Successive marriage makers have already seen what can happen in a divorce. Their eyes are wide open. Tackling financial what-ifs that coast into agreements will actually strengthen your marriage. Money is the number one cause of divorce. A successive marriage already carries some residual divorce baggage, some of which most likely included financial issues. Put your new marriage on the right track by agreeing what is yours, mine and ours.

Personal Injury - Stay Educated When You Hire an Attorney

Posted 2010-02-09    Laura McDonald, Paralegal

Many people suffer personal injury at some point in their lives. They may experience a vehicular accident, slip and fall, get hurt on someone else’s property, or have a claim for medical malpractice. If another party is liable for the personal injury suffered, one can explore settlement options with the insurance company or, if push comes to shove, file a lawsuit.

When people are at this juncture, I highly recommend contacting an experienced attorney rather than attempting to negotiate with the insurance company on their own. People think saving that attorney fee is a smart thing to do. The general public who are savvy enough to attempt negotiations usually know just enough to be dangerous. They may even think okay, I’ll start this and if I don’t do well on my own, THEN I’ll contact an attorney. This is a mistake, for several reasons. A statute of limitations may pass. They may attempt settlement in an amount that is too high or too low, or even too soon. When an attorney is finally contacted, it’s either too late, or there is so much damage control necessary they may not be interested in the case.

Even an attorney who represents himself is deemed a fool.

If you have suffered a personal injury, contact an attorney as soon as possible. Your attorney will be able to guide you through the steps, and explain what should happen and when. Leave your potential recovery in the hands of someone experienced in these matters – a personal injury attorney.

Recent Blog Articles

Successive Marriage Finances

Posted 2010-02-18    Laura McDonald, Paralegal

Every marriage is different. And successive marriages are going to be more complicated. You're a little farther along the financial trail this time. On the upside, you may have accumulated cash or...

read more »

Personal Injury - Stay Educated When You Hire an Attorney

Posted 2010-02-09    Laura McDonald, Paralegal

Many people suffer personal injury at some point in their lives. They may experience a vehicular accident, slip and fall, get hurt on someone else’s property, or have a claim for medical...

read more »

Personal Injury - What You MUST Do

Posted 2010-02-09    Laura McDonald, Paralegal

Personal injury cases are getting increasingly more difficult to win, despite hearing about the occasional “big wins.” Why might that be? It’s due in large part to current...

read more »

Divorce - Information for your Attorney

Posted 2010-02-09    Laura McDonald, Paralegal

Divorce is never easy. When you select an attorney to represent you, he or she understands that. Your attorney and legal staff will guide you through the process. This is a list of the information...

read more »
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