It appears that financial struggles remain common among Americans lately.
A recent survey looked at consumer financial health here in the United States. According to the survey, around 55 percent of U.S. households are doing alright in some financial areas, but struggling in others. Meanwhile, struggling with almost all financial areas is something that is the case for around 17 percent of American households.
There are many tools people can use in their efforts to achieve their estate planning goals. This includes trusts. Today, we'll go over one particular type of trust: The testamentary trust.
Missing minimum payments on credit cards can expose a person to many consequences. For example, it can subject a person to financial penalties and do damage to his or her credit score.
It appears that, lately, falling behind on such payments has been more common here in Florida than in most other states.
On October 1, 2018, a new law goes into effect changing the penalties for cruelty to animals. Section 828.12 (6) of Florida Statutes states that a person convicted of animal cruelty laws can result in the court ordering to stop them from having custody and control over any animal, even for short periods of time.
Being convicted of a felony can deeply change a person’s life. This is especially the case here in Florida. In the state, certain civil rights are lost if a person receives such a conviction. For example, a felony conviction triggers an automatic and permanent loss of the right to vote. There are only two other states in the whole country where this is the case.
Now, there is a route available for individuals convicted of felonies to get their right to vote restored in Florida. They could petition for a restoration of their civil rights. However, this process has its challenges. For one, a person may have to wait awhile to be eligible to petition. Under current state policy, such a petition cannot be made until five years have passed since a person’s felony sentence was completed.
College tuition costs are very high these days. So, helping children pay for college can be a major financial endeavor for families. Recent research indicates that among the things the financial stress from this endeavor could expose families to is an increased foreclosure risk.
The study looked at data regarding the Great Recession. It used this data to compare college attendance trends and foreclosure trends in more than 300 broad metro areas in the U.S. for the period running from 2006 to 2011.
It appears that it is becoming much more common to not wait to get married to buy a home.
It is estimated that, in 1985, around three out of every four first-time homebuyers were married. In contrast, these days, less than three out of every five new homeowners are.
Medical debt is a common source of financial struggles for Americans. This may especially be the case for younger Americans, according to a recent study.
Among the data the report looked at was data from the anonymized credit records of millions of Americans. The study looked at how common it was to have past-due medical bills on a credit report. The study found that around one-sixth of Americans had such marks on their credit reports.
Evidence in a criminal trial includes all potentially relevant information from both sides of the case. Prosecutors and defense attorneys gather evidence to corroborate their arguments and have a growing number of sources from which to draw.
Digital sources in particular have grown in popularity, bringing with them added complications to the evidence-gathering process. Not only is digital evidence useful in alleged electronic crimes like identity theft and phishing, but it’s also relevant to establishing a case for other alleged crimes committed offline.
Here in Florida, going into in a vehicle, building or home without authorization with the intent to commit a crime is burglary. The state's definition of burglary also covers certain instances of remaining on such premises with the intent to commit a crime. Under state law, burglary is a felony offense.
However, burglary crimes vary in how severe of felonies they are. This is because, in Florida, there are three felony degrees burglary crimes can fall under: third, second and first.
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