Robert Russell Law Office

How to Budget Money in 5 Steps

https://www.nerdwallet.com/article/finance/how-to-budget

Divide your income among needs, wants, savings and debt repayment, using the 50/30/20 budget.

Revocable Trust vs. Irrevocable Trust: What's the Difference?

https://www.investopedia.com/ask/answers/071615/what-difference-between-revocable-trust-and-living-trust.asp

Consider ease of set-up, ability to modify, and tax shelter benefits

Mastering the Art of Effective Money Management

https://fastercapital.com/content/Mastering-the-Art-of-Effective-Money-Management.html

Money management is a skill that everyone should strive to master. Whether you are a recent college graduate entering the workforce or a seasoned professional, the ability to effectively manage your finances is essential for long-term financial success. In this article, we will explore the key principles and strategies for mastering the art of effective money management. From understanding the importance of financial goals to harnessing the power of automation and technology, we will cover all the necessary steps to take control of your finances and achieve financial security.

Five Estate Planning Things You Need to Do Now

https://www.kiplinger.com/retirement/estate-planning-things-you-need-to-do-now

For a solid estate plan, you should put powers of attorney in place, designate beneficiaries, tackle tax planning and more.

What Is a Budget? Plus 11 Budgeting Myths Holding You Back

https://www.investopedia.com/terms/b/budget.asp

Budgets can be made for any entity that needs or wants to spend money, including governments and businesses, people, and households of any income level.

6 Estate Planning Must-Haves

https://www.investopedia.com/articles/pf/07/estate_plan_checklist.asp

Many people believe that having an estate plan simply means drafting a will or a trust. However, there is much more to include in your estate planning to make certain all of your assets are transferred seamlessly to your heirs upon your death. There are specific estate planning documents, like healthcare power of attorney and will or trust.

Fundamental estate planning considerations

https://www.jpmorgan.com/insights/wealth-planning/estate-planning/fundamental-estate-planning-considerations

As your circumstances change, it’s a good idea to revisit your wills, trusts and other estate planning documents.

What Happens After You File Bankruptcy?
https://robert-russell.com/lawyer-practice-areas-bankruptcy-attorney-vancouver-wa-after-bankruptcy/
Sometimes bankruptcy is necessary and just cannot reasonably be avoided. We want you to learn as much as you can from this challenge, rebuild your credit and move forward to a positive financial future.

What Is the Student Loan Grace Period and How It Works

https://www.investopedia.com/happy-graduation-your-student-loan-grace-period-six-months-5187147

Creating a plan to tackle your student debt is essential—especially since you have, at best, only a six-month grace period after graduation before you have to start paying back those loans

4 reasons why estate planning is important
https://www.usbank.com/financialiq/plan-your-future/trusts-and-estates/why-estate-planning-is-important.html

An estate plan is a set of documents that outline how you’d like your assets to be handled after you die or if you became incapacitated. Your assets may include your home, your investments and anything else of value, plus any other important responsibilities you have, such as children or a guardianship.

You are not alone.

The Percentage Of Americans That Worry They Won't Be Able To Pay Their Bills Is Higher Than It Was During The Great Recession

The Percentage Of Americans That Worry They Won't Be Able To Pay Their Bills Is Higher Than It Was During The Great Recession ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

HOW MUCH IS THE INITIAL BANKRUPTCY CONSULTATION?

https://robert-russell.com/lawyer-practice-areas/bankruptcy-attorney-vancouver-wa/chapter-13-bankruptcy-faqs/

You don’t have to pay anything to meet with us. The only exception might be those few with more complicated business issues (because they often take more time and have complicated issues). If you drive for Uber or have a small home business, there is no cost to meet. So, if you have the normal car, house, credit card, medical debts etc, it’s no cost to review the issues and options. If you hire us, then the time spent during the initial consult is just included in the normal fee.

What Is Financial Literacy?

https://www.investopedia.com/terms/f/financial-literacy.asp

Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing.

Chapter 7 Bankruptcy Attorney

https://robert-russell.com/lawyer-practice-areas/bankruptcy-attorney-vancouver-wa/chapter-7-bankruptcy-faqs/

These are some of the frequently asked questions regarding Chapter 7 Bankruptcy. Just click on the question for the answer. If you cannot find the answer you need below, or have a new question you think might be helpful to others, please contact us for additional help. – Robert C. Russell

Your last tax bill may come after death. What to know about estate and inheritance taxes.

https://www.usatoday.com/story/money/taxes/2024/02/11/estate-tax-and-inheritance-tax-whats-the-difference/72529554007/

Your last tax bill may come after death. What to know about estate and inheritance taxes.

Bankruptcy Automatic Stay Attorney in Vancouver, Washington

https://robert-russell.com/lawyer-practice-areas/bankruptcy-attorney-vancouver-wa/bankruptcy-automatic-stay/

Bankruptcy Automatic Stay might be discouraging and a hassle to deal with if you are not prepared. The automatic stay is put into effect as soon as the bankruptcy petition is filed. This can start a chain reaction that might end with your personal property being seized and sold at a public auction.

Unveiling the Truth: Debunking Common Credit Repair Myths
https://fastercapital.com/content/Unveiling-the-Truth--Debunking-Common-Credit-Repair-Myths.html
When it comes to credit repair, there are a lot of myths floating around that can lead people astray. These myths can be harmful, causing people to make mistakes that ultimately hurt their credit instead of helping it. That's why it's important to separate fact from fiction and debunk these common credit repair myths once and for all. From the idea that you can't repair your credit on your own to the belief that a credit repair company can fix everything, there are a lot of misconceptions out there.

Bankruptcy Basics: Filing Chapter 7 and 13 in Vancouver

https://robert-russell.com/lawyer-practice-areas/bankruptcy-basics-filing-chapter-7-and-13-in-vancouver/

Our experienced Vancouver attorneys are here to help you! We can help you understand the bankruptcy process and guide you through it all. Call our law office today to schedule your free consultation

6 Estate Planning Must-Haves

https://www.investopedia.com/articles/pf/07/estate_plan_checklist.asp

Many people believe that having an estate plan simply means drafting a will or a trust. However, there is much more to include in your estate planning to make certain all of your assets are transferred seamlessly to your heirs upon your death. There are specific estate planning documents, like healthcare power of attorney and will or trust.

Washington Bankruptcy Attorney

https://robert-russell.com/lawyer-practice-areas/bankruptcy-attorney-vancouver-wa/

If you have or are projecting a financial problem, it makes sense that you would like to know (1) how bankruptcy would help deal with your creditors and (2) the impact on life and finances when bankruptcy is complete. We will happily answer these questions for you, for free.

But the economy is great. Not.

Clark County sees more chain stores closing; Dollar Tree, Party City are latest to shutter doors Shoppers at Cascade Park Plaza in east Vancouver may have been in for a surprise recently to find not one but two of the shopping mall’s major retailers had closed.

Worth a thought.

Muhammad Ali quotes

Are Student Loans Amortized?

https://www.investopedia.com/ask/answers/072716/are-student-loans-amortized.asp

Student loans are the second-largest growing debt category in the United States, and many people still don’t understand the basics of how they work. That’s because there’s a lot of misinformation out there.

This 4th of July, let's come together to celebrate our freedom and the principles that make America great. Happy Independence Day! 🎉

Estate planning: Preserving Your Legacy: Real Estate in Estate Planning

https://fastercapital.com/content/Estate-planning--Preserving-Your-Legacy--Real-Estate-in-Estate-Planning.html

Estate planning is a crucial aspect of financial planning that often gets overlooked or delayed. It involves making important decisions about how your assets will be managed and distributed after your death, ensuring that your loved ones are taken care of and your legacy is preserved. One key element of estate planning is real estate, which holds significant value and requires careful consideration. In this section, we will delve into the introduction of estate planning and explore various aspects of preserving your legacy through real estate.

How to Protect Your Assets From a Lawsuit or Creditors

https://www.investopedia.com/articles/retirement/07/buildawall.asp

If you don't properly protect your assets, they can potentially be lost in a lawsuit, bankruptcy, or to other creditor actions. It's important to understand the laws that can provide asset protection and to know what measures you can take to protect your savings.

29 Smart and Simple Passive Income Ideas for 2024

https://www.shopify.com/ph/blog/passive-income-ideas

Unlock financial freedom with passive income. Discover proven strategies to build wealth while you focus on life's other priorities.