Social Security Disability Insurance is a federal assistance program that provides benefits to people with medical conditions that restrict their ability to earn income. This government program views mental disorders the same as physical impairments. You may qualify...
If you have decided to submit a claim for Social Security Disability (SSD) benefits, you will need to become familiar with the application process. The Social Security Administration (SSA) will want to see proof of your disability. They can access your medical...
The court divides a person’s property between their heirs when they pass away. This process is known as probate, and it is time-consuming and expensive. However, there are different methods for transferring a deceased’s property to their heirs without going through...
Choosing an executor for your estate represents one of the more important decisions in the estate planning process. The right person for this important and time-consuming role must have the patience, availability, willingness and financial savviness to perform the...
When you file for bankruptcy, you can keep certain assets designated by law as exempt. Michigan residents can choose between the state or federal bankruptcy exemptions. Review the types of property you can retain if you live in Michigan and decide to file for...
Each year, roughly 2 million U.S. workers apply for Social Security disability (SSD) benefits. Whether physical or mental, their impairment – which can range from arthritis and heart failure to cancer, depression and autism -- prevents them from working for at least a...
Many people do not understand what happens to a loved one's assets and debts after he or she dies. Between the issuing of the death certificate and the reading of the will is the probate process. Learning what to expect can help families to have realistic...
For many people, financial peril is only one small emergency away. Job loss, reduction in hours, divorce or medical bills can quickly upset a delicate financial balance. Most often, individuals will continue to fight against the mounting debt to work through their...
The pile of debt continues to mount and now overwhelms you. You have resorted to unwise actions such as paying off credit card bills with other credit cards. But now you are faced with another challenge: You have lost your job. How will you overcome debt? Where is the...
During the estate planning process, you will likely have concerns about how your assets will disburse. If you pass them on through your will, they must go through probate court before your beneficiaries can receive them. Due to the fees involved, probate can diminish...
