Bankruptcy Attorney

Bankruptcy Attorney

Filing for bankruptcy is a decision that must be carefully considered before moving forward. While filing for bankruptcy can allow debtors much-needed relief, it still comes with consequences that impact a person’s ability to access credit after bankruptcy is resolved and debts have been discharged. While it can be challenging to take this next step, bankruptcy is the best option to experience relief and start afresh for many. There are several indicators debtors should pay attention to when they believe they could be in over their heads, making bankruptcy the best available option. When moving forward, working with professionals like The Law Offices of Neil Crane can play an essential role in providing debtors with their filing options. While there are several available options, a lawyer will be able to listen to their client’s needs and ensure that they recommend a chapter filing that keeps their interests at the forefront. Filing for bankruptcy can result in feelings of shame and defeat. Despite this, know that starting with a clean slate and rebuilding your credit after bankruptcy is possible. 

When to Consider Bankruptcy

When people struggle financially, many believe they will be able to find a way out without the need for measures as significant as filing for bankruptcy. It is possible to resolve debts without filing for bankruptcy, so debtors must engage in credit counseling before filing for bankruptcy. However, if you are experiencing any of the following, it’s time to act by weighing the possible options that may be available:

  • You are unable to make minimum payments
  • You skip monthly bills to pay others
  • You are using a credit card to pay for regular expenses
  • You are at risk of losing your home
  • You are receiving calls from creditors
  • You are unable to get approved for debt consolidation
  • Debt collectors have garnished your wages

When experiencing such hardships, it can be easy to try and avoid the issue. However, it’s crucial to take action so that you can start moving forward with a fresh slate. By doing so, debtors can finally experience relief from constant calls from creditors and debts that are all-consuming. 

Bankruptcy Filing Options

There are several bankruptcy chapters that debtors have available to them. However, it’s essential to be aware that the type of filing will depend upon the specifics of your situation. As a bankruptcy Attorney, will share, for those who earn a consistent income or are looking to prevent their home from going into foreclosure, Chapter 11 may be a better option than a total liquidation. The most common types of chapter filings for personal bankruptcy are:

Chapter 7: Full liquidation, debtors, must qualify by attending credit counseling, earning an income below the state’s median, and passing the means test. Debtors can retain some exempt property, and many of their debts are forgiven, allowing them to start fresh. 

Chapter 13: Known as the wage earner’s plan, Chapter 13 is appropriate for debtors who do not qualify for Chapter 7 and can pay their debts back. Through this process, debtors can restructure their debts and develop a repayment plan where debts are paid back over 3-5 years. This is advantageous for people looking to keep their personal property, such as their home. 

While taking steps toward filing for bankruptcy isn’t an easy decision, debtors often experience significant relief. If you are struggling to pay your debts and are unsure how to move forward, bankruptcy may be the most viable option. 

How to Get Your Estate Ready For the Future

How to Get Your Estate Ready For the Future

Estate planning is a process that helps you prepare for the future. It can be complex and overwhelming, but there are many ways you can simplify the process.

Deciding on your estate plan can be difficult. You need to consider all of your assets — from real estate to retirement accounts — and how they will pass on to your loved ones after you’re gone.

A professional estate planning lawyer from the Yee Law Group P.C. can help you put together an estate plan tailored to fit your needs. Whether you want a simple will or something more complex, such as a trust, an attorney can walk you through the steps of creating an effective estate plan.

Here are some tips on how to make sure your estate is ready for the future:

When it comes to estate planning, many people think that they don’t need to do anything until they’re older. However, this isn’t true. You don’t want to wait until you’re older because if something were to happen suddenly, your family would be left with a lot of questions and uncertainty.

Make a List of Your Assets

The purpose of estate planning is to ensure that your assets are distributed according to your wishes and not those of someone else. It also allows you to avoid probate court if possible and keep your financial information private.

Include real estate, retirement accounts, and any other property or investments you own. You may also want to include personal items like jewelry, fine art, or collections that have special value to you or your family members.

Assets and Property

Estate planning can be overwhelming and complicated, but it doesn’t have to be. The first step is to speak with a professional estate planning lawyer from the Yee Law Group P.C. who can help you identify what goals you want for your estate plan and determine what steps are necessary to achieve them.

An estate plan should include an executor or personal representative who will oversee the distribution of your assets according to your wishes. You also need a power of attorney for financial decisions, which allows someone else to make those decisions for you if you are incapacitated.

Naming Guardians for Minor Children

Guardianship is another important aspect of an estate plan because it names who should raise your children if both parents die before they reach adulthood and what kind of relationship they can have with the guardian(s).

If you have children or other family members who depend on you financially, it’s important that you have a will drafted so that your assets are distributed in the way that you want them distributed when you pass away. A will also let people know what your wishes are regarding funeral services, burial arrangements, and other final wishes so that there aren’t any surprises at the time of death.

A professional estate planning lawyer from the Yee Law Group P.C. can help ensure that all legal documents are properly executed by using court-approved forms and meeting all state requirements for valid wills and trusts. An attorney can also provide guidance on how much planning is needed based on your unique situation

Don’t Let Death Get in the Way of Life

Don’t Let Death Get in the Way of Life

A lot of people are worried about death. But the truth is that life is more important than death. Death is inevitable, but you can still live life to its fullest even when death is a possibility.

Estate planning can help you do just that. It’s a process that allows you to plan for the future and make sure your loved ones will be taken care of after your death.

An estate planning lawyer can help you with this process by looking at all aspects of your life and determining what needs to be done to ensure that your wishes are carried out after your passing.

The best way to think about estate planning is in terms of “estate” and “planning.” Estate refers to everything that belongs to you: money, property, assets and other items that make up your net worth. Planning refers to how these assets are used or distributed upon your death (or incapacity).

In general terms, an estate plan is what you make up for yourself when it comes to managing your assets after death. You can use an estate planning lawyer from the Yee Law Group P.C. for many different things:

Creating Wills

An estate plan is a set of documents (wills, trusts, powers of attorney and medical directives) that let you control what happens to your assets after your death. The most important part of an estate plan is a will, which allows you to appoint a guardian for any minor children and select who should inherit your assets if you die without a spouse or partner. You can also leave money or property directly to family members or friends in the form of specific gifts.

As with any legal document, an estate plan requires careful consideration and should be prepared by an experienced lawyer who can help you navigate complex tax issues. Personal finance websites like NerdWallet and Kiplinger may offer basic information on estate planning, but they lack the expertise necessary to ensure complete coverage under federal law.

An estate planning lawyer from the Yee Law Group P.C. can help you decide who will inherit your assets when you pass away and how those assets will be managed by the executor of your estate until they are distributed among beneficiaries.

Establishing Trusts

A trust is another way to manage your assets after death — especially if there are certain conditions attached to how those assets should be used by beneficiaries (the people benefiting from them).

A good estate planning attorney will also be able to review existing documents like trusts, powers of attorney, and medical directives to make sure they’re up-to-date with current laws. It’s important that these documents reflect your wishes because they may need to be used soon after you create them.

If you’re like most people, you probably look forward to the idea of a payday when you aren’t alive anymore. If that’s the case, what purpose can your estate planning have? The truth is that there are a lot of important decisions to make as you get older, whether you’re young and taking out a life insurance policy or old and writing a will. These documents are crucial in making sure that your estate goes to who it should, without any problems. That’s where a good estate planning lawyer from the Yee Law Group P.C. comes in!

How to Choose the Right Real Estate Lawyer for Your Real Estate Transaction

How to Choose the Right Real Estate Lawyer for Your Real Estate Transaction

Buying a home is one of the biggest investments you’ll ever make, and it’s not something you should take lightly. Before making an offer on a property, you should consult with an experienced real estate lawyer from the Yee Law Group P.C. to ensure that all of your bases are covered.

If you’ve never hired a real estate lawyer before, it can be tough to know where to start or how to choose the right one. But don’t worry! The legal process of buying property isn’t as scary as you might think.

Choosing the right real estate lawyer can be a daunting process, especially if you’re new to real estate transactions. Here are some tips for finding the right real estate lawyer for your needs:

Look For Experience

Many lawyers specialize in certain areas of law, such as divorce or business disputes. When it comes to buying property, however, a general property attorney is more than capable of handling your case. If possible, ask friends and family members who have recently bought homes what their experiences were like — they may have used a particular lawyer who they recommend highly.

Consider Your Budget

Choose a real estate lawyer from the Yee Law Group P.C. who fits within your budget so that you don’t have any unexpected surprises down the road (and so that they don’t seem too expensive). This way, you’ll know exactly what kind of services they’re able to provide before entering into an agreement with them so that there are no misunderstandings later on down the road when things start getting complicated

Ask Questions Upfront

When interviewing potential candidates, ask them lots of questions about their background and experience before agreeing to hire them for your case. A good real estate lawyer from the Yee Law Group P.C. will be happy to field any questions you might have about his or her experience or qualifications — and will also be honest about what he or she cannot help you with (for example, if he or she does not know much about tax laws).

Know What Issues You May Encounter

Before hiring a real estate lawyer, make sure that they have experience working with properties similar to yours. For example, if you are buying a commercial office building, it would be wise to find an attorney who has experience in commercial law as opposed to residential law.

Find a Lawyer You Trust

The first step is finding an attorney who has experience handling real estate transactions and who has been recommended by someone you trust (like a friend or family member). This will help ensure that they know what they’re doing, and that they won’t take advantage of your ignorance when it comes to real estate law.

Buying a home is one of the most exciting and stressful times in your life. It can also be an overwhelming process, especially if you have no prior experience with real estate transactions. With so many aspects to consider, such as financing, closing costs, title insurance, and more, it’s important to have a good real estate lawyer from the Yee Law Group P.C. by your side throughout the entire process.

Your Guide to Estate Planning

Your Guide to Estate Planning

The passing of a loved one is difficult. It can be even more difficult when you find out that the deceased did not have a valid will, or that their estate is not being distributed as they would have wanted it to be.

A probate lawyer from the Yee Law Group P.C. is an expert in estate planning and can help you determine what type of estate plan best suits your needs. Estate planning is a process by which you can prepare for the distribution of your assets after death, as well as provide for your family during your lifetime. An estate planning attorney will work with you to create an estate plan tailored to your unique needs and goals.

There are many reasons why hiring a probate lawyer is beneficial:

They Understand The Process

An experienced probate lawyer knows how to navigate through the complex legal process involved in settling an estate. This includes filing all necessary paperwork and making sure everything is done correctly according to state law; this makes it easier on everyone involved in the process, especially if there are any disputes over who gets what assets from the deceased person’s estate (or if there are other legal matters that need addressing).

They Know the Law Better Than Anyone Else

In order to become a lawyer, one must complete several years of schooling and pass an exam. Probate lawyers are trained in the laws surrounding probate and estate planning. They know how to draft wills and trusts and how to help families with inheritance issues.

When you hire a probate lawyer from the Yee Law Group P.C., they can help you make sure your assets will be distributed as desired after your death, as well as give advice on tax issues that may arise when passing down assets from one generation to another.

To Determine Who Inherits Your Assets

Some assets can be passed down as gifts through wills or trusts instead of going through the probate process, which means that beneficiaries don’t have to wait for assets to transfer after death before receiving them.

Wills also grant executors certain powers over how certain items are distributed.

They Can Help You Avoid Legal Problems After Death

A probate lawyer from the Yee Law Group P.C. can make sure that all matters relating to your estate are settled according to applicable state laws. This means that their job is not done until everything is taken care of legally, so that no one can challenge your will or handling of your assets once you pass away (or even while you are still alive).

This saves time and money for family members who might otherwise have had to go through court proceedings in order.

There are many reasons why you may need a probate lawyer. You may want to make sure that your estate plans are complete and up to date. You may need to file a small estate or large one. You may need help determining how much your estate is worth. Whatever the case may be, it’s crucial that you find a probate lawyer from the Yee Law Group P.C. who can best serve your needs.

 

How To Protect Your Estate in the Event You Are In A Coma

How To Protect Your Estate in the Event You Are In A Coma

If you are in a coma, you may have no control over what happens to your estate. You may be unconscious or unable to communicate. This can cause problems for your family because there is no way for you to tell them what you want done with your assets.

An estate planning lawyer from the Yee Law Group, P.C. can help you protect your assets when you cannot take care of them yourself. They can also help you avoid probate court by using trusts or other methods.

What Is Estate Planning?

Estate planning involves making arrangements for how your assets will be distributed when you die. An estate planning attorney can help you set up an estate plan that takes into account your wishes regarding who should receive what assets after death, what taxes may be due on those assets, and how they should be distributed among family members.

What Can Happen To Your Estate if You Are In A Coma?

If you are in a coma, the probate court will appoint a guardian who will take control of your affairs. A guardian can make decisions about how to use your money and property, such as selling your house or bank account and using the proceeds to pay off debts or provide for others.

If there is no guardian appointed by the court, anyone can apply for an appointment as a temporary conservator of the estate. This person will have the same powers as a guardian with respect to managing and controlling the estate assets until such time as a permanent conservator is appointed by the probate court.

In the event that you are in a coma and unable to communicate, your estate planning lawyer from the Yee Law Group, P.C. will be able to step in and manage your affairs.

In many cases, an area of law known as guardianship is used to protect the interests of persons who are unable to manage their own affairs due to illness or injury.

A guardian is usually appointed by a court when a person is determined to be incapacitated by reason of mental illness, mental retardation or physical incapacity. The guardian will have the authority to make medical decisions for the incapacitated person and manage his or her finances. Guardianship may also be used if someone is declared mentally incompetent by a judge.

An estate planning lawyer can help you prepare for this possibility by drafting documents that appoint a trusted friend or relative as guardian should something happen to you. You can also leave instructions regarding what you would like done with your property if this happens so there will be no confusion about what should happen next.

Without an advance healthcare directive in place, doctors may make their own decisions about your treatment without consulting with anyone else first. This could result in unnecessary medical procedures being performed on you against your wishes or against what your doctor believes is best for you at the time. An estate planning lawyer from the Yee Law Group, P.C. can help you create an advanced healthcare directive so that there is clear communication between everyone involved when making these types of decisions about how to proceed with treatment options.

Why You Should Call a Real Estate Lawyer For Your Home Purchase

Why You Should Call a Real Estate Lawyer For Your Home Purchase

While you can probably complete most of the legal work involved in buying a house yourself, there are some tasks that are better left to a real estate lawyer.

The work of a real estate lawyer is often done behind the scenes, but it’s important to know what they do and why they’re essential when buying a home.

Here are some reasons why you should call a real estate lawyer in Sacramento CA from Yee Law Group, P.C. for your home purchase:

You May Need More Than Just One Attorney

While some transactions only require one attorney, others might require multiple real estate lawyers in Sacramento CA depending on the complexity of the situation. For example, if you’re buying property from an out-of-state seller or if you plan on taking out a mortgage with unusual terms, you may need an attorney who specializes in those areas as well.

Real estate lawyers often play an integral role in helping buyers get mortgages from lenders. They can help buyers determine what type of loan works best for them and negotiate with lenders to ensure that all paperwork is accurate and complete before the closing day arrives. In addition, many real estate lawyers have relationships with lenders and can offer advice regarding specific options and rates available at different institutions.

To Review the Documents Before Signing Them

A real estate lawyer in Sacramento CA will look over all of the documents before they are signed by both parties to make sure they are legally binding and fair. They will also ensure that all of your rights are protected during this process.

When you sign a contract, it’s important that you understand what exactly you’re signing up for. A real estate lawyer in Sacramento CA will explain any terms or conditions that may not be clear or easy to understand so there are no surprises down the road when closing on your house.

The Lawyer Can Negotiate Better Than You Can

Negotiating for a better deal is one of the most important parts of buying a house. This is where having an experienced real estate attorney will really save you money in the long run. If you are not good at negotiating, then it would be best if you hire someone who is good at it instead of making mistakes that could cost thousands of dollars over time.

The Lawyer Can Help You Avoid Mortgage Fraud

Mortgage fraud is common these days so it’s best if you have someone who can help protect your interests when buying a home by doing thorough research before signing any documents with lenders or brokers. Your lawyer will not only help identify those who are trying to scam others but also make sure you are protected legally.

Hiring a real estate lawyer in Sacramento CA from Yee Law Group, P.C. can be an important step in the home purchase process. A lawyer is able to conduct due diligence on the property for you and identify any potential problems before you buy. As we mentioned earlier, most homeowners don’t hire lawyers until after they’ve already encountered an issue. Rather than searching for a lawyer at that point, it would be best to speak with real estate lawyer in Sacramento CA from Yee Law Group, P.C. as early as possible. Real Estate Lawyers are vital members of the home buying team, and can help prevent problems from harming your investment in the property you’re considering buying.

Why Thousands of People Choose Us to Get Their Estates in Order

Why Thousands of People Choose Us to Get Their Estates in Order

There are many reasons why you should get your estate plan done. One is that it will help you protect your family from unnecessary stress and financial hardships after you pass away.

It’s never too early to start thinking about getting your estate plan done. Having a will or trust is essential if you’re married with children, own a business, rent an apartment or buy a house.

The legal process involved with settling an estate can be confusing, which is why it’s important to hire a probate lawyer Folsom CA from the Yee Law Group P.C. who understands the unique challenges involved with this type of litigation.

An Estate Plan Protects Your Family and Assets

If you don’t have an estate plan, then everything will be left up to the state when you die or become incapacitated. If you do have a will and/or living trust, then there are some things that will be taken care of automatically when you pass away or become incapacitated.

However, there are also many other things that need to be taken care of manually by someone else who has been named as an executor or trustee in your will or trust documents. If this person does not exist or does not want to take on this responsibility, then it may be up for grabs as to who gets what from your estate after you pass away or become incapacitated.

You Can Avoid Probate

If you don’t have a will or trust in place when you die, the probate court will oversee the distribution of your assets. This can be time-consuming and expensive for family members who aren’t expecting it — and it could also lead to disagreements among them over how your assets should be distributed.

You Can Make Sure All of Your Wishes are Followed

If you don’t have a will or trust in place at death, the law determines who gets what — but this might not reflect your personal wishes for how your possessions should be handled after death (or how much each child should receive).

A good probate lawyer Folsom CA can help ensure that your wishes are carried out as closely as possible so that everyone knows what they’re entitled to receive after your passing.

Peace of Mind for Those You Leave Behind

We all want our loved ones to be taken care of after we’re gone. They may not have been able to help themselves because they weren’t able or weren’t allowed to do so by law.

It’s nice knowing that they’ll be taken care of financially, but there’s more than money involved here — your family should feel secure knowing that they will have a home and food if something were to happen to them.

Why Choose the Yee Law Group

Yee Law Group P.C. is a probate law firm that specializes in helping families and loved ones navigate the complexity of probate litigation.

We’ve handled hundreds of cases over the years, so we have plenty of experience handling all kinds of scenarios. Our probate lawyers in Folsom CA have handled everything from simple wills to complex trusts, so no matter what kind of case you have, we can handle it! Our probate lawyer in Folsom CAalso take continuing education courses every year so that they have access to the latest and greatest legal knowledge available today.

4 Ways Your Estate Plan Can Save You or Your Family Money

4 Ways Your Estate Plan Can Save You or Your Family Money

If you or your family are going to be left with a significant amount of money, you should consider having an estate plan. An estate planning lawyer in Roseville CA can help you determine what type of plan is best for you and your family.

Here are four ways having an estate plan can save you money:

1. Avoiding Probate

One common reason that people seek out an estate planning lawyer in Roseville CA is because they want to avoid probate court altogether. Probate court is used when someone dies without leaving behind a will or other legal document that names who should inherit the deceased’s property and personal belongings. The probate process can be expensive and time-consuming — sometimes taking years — and there are fees associated with filing documents related to the process and managing funds while they’re in probate administration (which means they’re tied up until the process is complete).

2. Avoiding Guardianship Disputes Among Family Members

Estate planning lawyers in Roseville CA from Yee Law Group, P.C. often help clients create trusts that protect family members from potential lawsuits.

If you die without a will or trust, there may be disputes among family members as to who should be appointed your guardian (if you leave minor children behind). These disputes can cost thousands of dollars in legal fees and make it difficult for loved ones to grieve the loss of their loved one in peace.

3. Avoiding Medicaid Eligibility Requirements

Most people don’t realize that if they pass away without an estate plan, their surviving spouse may be forced to sell their home in order to qualify for Medicaid coverage. Having an estate plan can help avoid this situation by ensuring assets are transferred prior to death so there is no reason for Medicaid eligibility requirements to apply in the first place.

4. Save Money on Taxes

If you don’t have a will, the state could step in and make decisions for you that might not match what you want. Without a will, the state will decide who gets what and how much they get — sometimes not fairly.

The estate administration process is complicated and expensive. You need an estate planning lawyer in Roseville CA who understands all the rules and regulations involved with probate administration, asset distribution and taxes so that your affairs can be handled in the most efficient way possible.

Having an estate planning lawyer in Roseville CA draw up a business succession plan can help ensure that your business is passed down to the right people while protecting yourself from liability issues related to those who may inherit your business interest after your death or incapacity.

At Yee Law Group, P.C., we take the time to learn about your unique situation and goals so we can design an estate plan that’s tailored to meet your needs. Our clients range from individuals with simple estates to high-net-worth families with complex financial needs.

The most important reason to hire Yee Law Group, P.C. as your estate planning lawyer is that we care about you and your family. We want to make sure that your estate plan takes care of everyone you love, and we want to make sure that the plan works in the event of any changes in circumstances or unforeseen circumstances.

How Your Real Estate Lawyer Can Protect You

How Your Real Estate Lawyer Can Protect You

As a homeowner, you may be thinking about how your real estate lawyer can protect you. If you’re looking for a real estate lawyer in Sacramento, CA to help you with any legal issues that might come up with your home, it’s important to choose the right one. Real estate law is a broad topic, because it includes so many different types of transactions.

A real estate lawyer in Sacramento, CA from Yee Law Group, P.C., can help with any type of real estate transaction, including buying or selling a home, leasing commercial property and even handling disputes between landlords and tenants.

However, if you’re looking for more information about how your real estate lawyer can protect you from fraud or other issues in your home sale or purchase, here are some important things to consider:

They Know the Law

A good real estate lawyer in Sacramento, CA from Yee Law Group, P.C., will know all of the laws regarding buying and selling homes in your state, as well as those that apply if you need to evict someone or if they try to sue you over something related to your property. They will also know how many years of ownership is required before you can add on an extra room or sell your house without worrying about zoning laws or other regulations.

They Can Help You Find Solutions

Your lawyer can come up with solutions when problems do arise, such as helping you get out of a contract that doesn’t feel right for some reason or negotiating with someone who wants to buy your home but won’t give it up easily. They can also help by explaining the process of closing on a home purchase and helping buyers understand their responsibilities after closing takes place.

Protecting Your Property Rights

A good real estate lawyer in Sacramento, CA will help you protect your property rights by ensuring that you have clear title to your home and any other real estate holdings that you have. This means that they will make sure that nothing is preventing you from being able to sell or transfer ownership in the future.

Protecting Your Home Value

Your home is probably one of your biggest investments, so having a good real estate lawyer on hand to help protect it is essential. If there are any issues with your home, such as liens or judgments against it, then these need to be settled before you can sell or refinance. A good real estate lawyer will help ensure that these problems are resolved so that buyers don’t shy away from purchasing your home because of them.

At Yee Law Group, P.C., we have years of collective experience helping clients buy and sell property throughout the area. We know the ins and outs of real estate law, and we will work tirelessly to make sure you get the best possible outcome for your case.

When you hire us as your real estate lawyers in Sacramento, CA , you can rest assured knowing that we’ll be there every step of the way: from helping you find a home that fits all your needs to negotiating with sellers and buyers, handling all paperwork related to the sale or purchase of a property, overseeing inspections and closing on the deal.