Author: iLawyer

If you’re a parent — or grandparent — of one or more young children, you may want to consider setting up a minor trust for them. A minor trust allocates money or property to an established beneficiary once they reach adulthood.  You can create any kind of trust for your child(ren). Here are five common…

Eminent domain is a legal concept that enables real property to be seized for reasons that are for the betterment of the general public. The proceedings that lead to the seizure of private property are known as condemnation proceedings.  Property that’s taken under eminent domain, which is covered in the Fifth Amendment, isn’t free. The…

As you or a loved one ages, your financial concerns undergo age-related changes. You might have worried about asset building in your younger years, but now you focus more on health care. Many people invest in long-term care insurance (LTC) to feel more secure in their golden years. Unfortunately, there is a growing risk of…

Trusts are a commonly used tool by those who plan ahead for Medicaid benefits when they age. Typically, older adults living on a fixed income may have a hard time covering the full cost of paying for nursing home care or skilled nursing support as they age in place or undergo hospice treatment in their…

From computers to furniture and heavy construction equipment, almost every aspect of the American economy relies on big rigs to haul cargo over long distances. For this reason, truck drivers are constantly under pressure to deliver goods hundreds or thousands of miles within a short time. With the constant pressure to deliver goods, 18-wheeler drivers…