According to an EstateExec survey, more than 44 percent of respondents experienced or were aware of a family conflict or dispute during the estate settlement process. Settling the final affairs of the deceased and distributing assets to any heirs or inheritors can be a complex and emotional process.
According to an Estate Planning Awareness Survey by WealthCounsel, about three-quarters (74 percent) of Americans believe estate planning and probate is a confusing topic. In fact, more than half (53 percent) admitted that finding a trusted advisor to create the estate planning document is difficult.
The majority of Americans are busy trying to pay the bills and cater to their family. The last thing they think about is their own mortality. In fact, according to a 2015 survey by Harris Poll, approximately 64% of Americans don't have a will, trust, or estate plan.
When going through financial difficulties, declaring bankruptcy may be one of the best options to remedy your situation and give you a deserved fresh start. However, with new laws and the unprecedented circumstances surrounding COVID-19, filing for Chapter 13 bankruptcy may feel daunting — but we can help.
Small businesses, and companies in general, have been hurting since the first case of COVID-19 was detected in Arkansas on March 11, 2020. Although some have been able to ride out this pandemic, others may need to file for Chapter 11 bankruptcy.
