It’s that time of year again when the kids head out to the bus stop in the morning to start a new year of learning, eager for what lies ahead. These children aspire to do great things, but with the rising costs of undergraduate education, families need to start saving earlier and the sooner the better. A 529 plan may be the answer and could benefit your estate plan as well.Read More
Child Support
Federal Special Needs Trusts: An Overview
One common scenario routinely encountered when planning a client’s estate is figuring out a way to allow a child with special needs to receive an inheritance from a parent (or other loved one) without it adversely impacting that child’s Social Security or Medicaid benefits. As estate planners, we often resort to using special needs trusts (also commonly known as supplemental needs trust) in the parents’ estate plans.Read More
#FamilyFriday – How is Child Support Calculated?
On this week’s #FamilyFriday article, the attorneys’ at ERA Law Group, LLC want to explain exactly how child support is calculated. Frequently parents are confused by the child support calculation when considering their other bills and obligations. What many don’t realize is that in nearly all scenarios the amount of child support ordered is determined by a calculator and factors such as “I have student loans” or “I have rent to pay” don’t necessarily matter.Read More
#FamilyFriday – Can I Get Alimony?
Spouses take on various financial roles in a marriage. Some stay home, some work part-time while the other is the breadwinner, and some play equal roles. When there’s a large disparity in income, assets, debts, etc. some spouses fear life without the financial contribution from their spouse and ask if they would be entitled to alimony. The answer is maybe. This week’s #FamilyFriday article breaks down the road to obtaining alimony.Read More
#FamilyFriday – Contempt
On this week’s #FamilyFriday article, the attorneys at ERA Law Group, LLC are addressing individuals who have fallen victim to an ex-spouse or parent who refuses to abide by the Court’s Order. You’ve gotten divorced or filed suit for custody and support, the Judge made their determination and you received a Court Order outlining that decision. What happens when one person decides not to listen?Read More
#FamilyFriday – Prenuptial Agreements: Why You Should Get One!
There is a misconceived notion that asking for a prenuptial agreement or discussing it in some way implies distrust or concern over your relationship. This isn’t true! There are a significant number of benefits to obtaining a prenuptial agreement that the attorneys at ERA Law Group, LLC want to bring to your attention for this week’s #FamilyFriday article!Read More