Category Archives: Legal Help

What is a Legal Will?

“A will is a document prepared by an individual who cares about taking care of his or her property aftermath to their death. A will document is written to clearly show the people who can inherit its ownership and interests and also in case of more than one person is listed for inheritance, the proportion in which the property and the interests has to be split and shared by all inheritors of it. Some of the people prepare their will documents well in advance at an age when their healthy and most of them prepare it either after they become too old to take care of their wealth or when they become bedridden or in case of any disputes and worst case in their death bed – when they are about to die.

A legal will is one that has been written and signed by an individual in presence of two witnesses and is audited by a lawyer, notarized by a notary public. A will document becomes legally valid when it is signed by the person for whom it is written and gets notarized in presence of two witnesses.

There are three parties involved in a legal will, the Testator – for whom the will is written, Executor -the person who shall execute the points and conditions put forth in it) and the Witnesses – people who don’t have any interest in that will and don’t benefit of its execution and are there to simply testify that they have seen it taking place – the signing of it by Testator.

There are ready made drafted will kit Australia available online, that are drafted by experienced will solicitors that are legally compliant. This makes the legal will document drafting process a very easy and quick one, especially for those who are running out of time to get it done.”

Why We Had to File for Bankruptcy

No one ever plans on getting in over their heads when it comes to money. Sometimes, it is just because of poor decisions, and other times it is because of unfortunate luck. For me, it was a combination of the two. When I was younger, I did make some foolish decisions when I got my first well paying job. I maxed out my credit cards, and then learned later about the high interest costs of doing that. That isn’t why I had to consult a Sacramento bankruptcy lawyer though.

I also had some unfortunate luck. My wife was diagnosed with cancer about six years after we were married. She had to quit her job, which really hurt us. I had been in the process of getting back on stable footing at that point, but all of that went out the window when we lost her income. Instead of paying high interest credit cards off though, we were now spending our money on medications, deductibles, and the bare necessities. She had some complications, and we both knew that we were going to have to do something before the stress overtook both of us.

We had talked about bankruptcy before, and we had tried everything in our power to avoid that. We finally decided that we had to put ourselves first, and that is when we contacted a bankruptcy attorney. It was a lot easier than I thought it would be, and I give all the credit for that to our attorney. He was very compassionate to what we were going through, and he put us at ease as he explained the different options that we had. He was able to guide us through the process with our pride intact, and it has made such a difference in our lives. I am so happy knowing that my wife doesn’t have to worry about that part of our lives anymore!