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By: CaseLaw Admin | June 12, 2017

CASE LAW FIRM LEGAL INSIGHTS

What is the Best Way to Save for my Child’s Education?

Posted on June 12, 2017 by Case Law Firm

Why worry? While your child might be a gifted scholar or phenomenal soccer player, the likelihood of getting a sports scholarship or scholastic scholarship to foot the college bill is slim. According to the NCAA “about 2 percent of high school athletes are awarded some form of athletics scholarship to compete in college.” CBSNews reports that “among full-time college students enrolled at four-year colleges, just .3% received enough grants and scholarships to cover the full cost of college.”


The time to plan for paying most or all of your child’s education is now.


Luckily there are ways to set aside money while your...

By: CaseLaw Admin | June 12, 2017

CASE LAW FIRM LEGAL INSIGHTS

Is it Better to Have a Trust or a Will?

Posted on June 12, 2017 by Case Law Firm


The simple answer is that either one will do, depending on your specific circumstances.


The key is to have some form of estate plan. It is essential to have a trust or a will, or a combination of both. Your particular estate plan will depend upon your marital status, your plans for your heirs, and the extent of your estate. If you fail to establish an estate plan, you are assigning your wealth to the government to distribute for you according to its terms.


For example, if you die leaving behind your spouse and your parents and you have no estate plan, your spouse will inherit the first $100,000 of your intestate property and three-qu...