Jennifer is an associate at Tredway, Lumsdaine & Doyle, LLP. Jennifer's emphasis is in estate planning, probate and trust administration and related litigation matters.
jsawday@tldlaw.com
Monica Goel
Monica is an associate at Tredway, Lumsdaine & Doyle, LLP. Monica's emphasis is in estate planning, trust administration, probate, and trust and probate litigation.
Downey Office
10841 Paramount Blvd.
3rd Floor
Downey, CA 90241
Phone: (562) 923-0971
FAX: (562) 869-4607
Irvine Office
1920 Main Street
Suite 1000
Irvine, CA 92641
Phone: (949) 756-0684
FAX: (949) 756-0596
Long Beach Office
100 West Broadway
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Long Beach, CA 90802
Phone: (562) 901-3050
FAX: (562) 901-3051
Tredway, Lumsdaine & Doyle was established in the city of Downey in 1961. The firm expanded with the opening of its Irvine office in 1989, and its Long Beach office in 2001. From our centrally located offices in Los Angeles and Orange County, the firm services clients throughout Southern California.
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Student loans are an interesting type of debt. It's not necessarily bad debt as it is for a good purpose. Interest rates and repayment plans are usually reasonable. But as debt goes, you cannot discharge your student loans by filing for bankruptcy. If you die, however, they are forgiven. Nice to know that some things can't follow you to the grave or crematorium.
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I have to add a comment -- not all student loans fall into this category. For instance, private loans from banks usually do not. But federal loans such as a Perkins loan do. Contact your student loan originator to determine if it is forgiven if you pass away. This should not be a part of your estate plan to borrow money for school and never pay it back.
Posted by:Jenni | October 10, 2006 at 09:09 AM