If you are getting married, you promise to be there for your spouse for better or worse. In many cases, this can include less-than-perfect financial times for Fort Lauderdale residents. While financial challenges are inevitable for almost everyone at some point in life, things might seem more difficult if you enter a marriage with at least one of you having poor credit. At The Law Offices of George Castrataro, P.A., we understand the ways in which the bad credit of one spouse might affect the other.
One of the kindest acts you can perform while alive is to plan for loved ones after you're gone. Creating a will or estate plan is a thoughtful way of letting people know that you care for them. There are many reasons for having a will or estate plan. Here are two of the most important reasons.
If you are finding it difficult to make ends meet and impossible to pay all of your bills, you might find it tempting to ignore the ones that are the least important in terms of necessity. This can mean your credit card bills, since you probably do not want to have any utilities shut off. However, what can happen if Fort Lauderdale residents stop paying their credit card bills? Will the debt just disappear?