Selecting an attorney for legal cases is a very important decision. Please enter your information below to receive a Free Consultation from an attorney in your area:
Probate Law News
More Than Half Of College Seniors Have Debt And 38 Percent Delay Buying A Home Due To Student Loan Debt
INDIANAPOLIS – Today Indiana House members passed Senate Bill 459, which contains an amendment offered by State Rep. Trent Van Haaften (D-Mount Vernon) that would give students graduating from Indiana’s five state universities a tax break on student loans. The vote was 89-1. Van Haaften’s amendment would create a tax deduction from adjusted gross income of $2,000 per year for student loan payments and would only be available for 10 years. The deduction is the same if Indiana couples file their taxes jointly. “
In Indiana in 2003 the average debt for undergraduate students was more than $17,000 and for graduate students it was $29,500,” said Van Haaften. “My amendment gives these students a financial boost as they pay off their college loans. My hope is that by offering this tax break, more of our students will be interested in staying in Indiana for their higher education studies and then living here upon the completion of their degrees.”
Van Haaften commented that more than half of college seniors have debt and 38 percent delay buying a home due to student loan debt. Twenty-one percent of graduates also put off having children because of their student loans. In order for Van Haaften’s amendment to become law, the Senate author of the bill will have to agree to the additional language. The bill, including the changes, will then be reviewed by a House-Senate conference committee. Senate Bill 459 would then go to the governor for final consideration.
It Is Not Wise To Handle Probate Without A Lawyer
Probate is a very complicated and formal process. There are no requirements to use a lawyer, but it is not wise to do so. Even the smallest detail that is missed or left out can cause everything to come to a halt, exposing everyone to liability.
Newsroom
Latest news about probate cases in Georgia and nationwide:
You Can't Take It With You
Death affects people in many ways. It never is timely. Death confronts the family with bereavement, with the need to readjust emotionally and finan... Read more >
Definition:
An amendment to a will. It is a separate document.
Joint tenancy
Definition:
A property held in joint tenancy is owned by two or more people who have an undivided interest in the property, and the interest continues even after the other owners die.
Living Trust
Definition:
A living trust is an estate planning device that allows a person to transfer assets to one or more persons before and after they die.
If you live in the following cities and need an probate attorney you should contact
our Probate Attorney as soon as possible:
Acworth
Albany
Alpharetta
Athens
Atlanta
Augusta
Columbus
Cumming
Dalton
Decatur
Douglasville
Duluth
Griffin
Hephzibah
Hinesville
Jonesboro
Kennesaw
Lawrenceville
Lilburn
Lithonia
Loganville
Marietta
Milledgeville
Moultrie
Newnan
Norcross
Powder Springs
Ringgold
Rome
Roswell
Savannah
Smyrna
Stockbridge
Stone Mountain
Suwanee
Tifton
Warner Robins
Woodstock
Legal Disclaimers All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Georgia Probate Attorneys.com is not intended to be legal advice, but merely conveys
general information related to legal issues commonly encountered. Your access
to and use of this website is subject to additional Terms
and Conditions.
Local Professional? Generate new business today
Call 866-227-9356 or contact a sales rep
Did You Know?