An estate plan consists of several documents that outline a person's wishes. During the process, you can name people to make financial decisions on your behalf when you are unable. You can designate
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An estate plan consists of several documents that outline a person's wishes. During the process, you can name people to make financial decisions on your behalf when you are unable. You can designate
If you think you only need to create discretionary lifetime trusts for young, troubled, or financially inexperienced beneficiaries, then think again. In this day and age of frivolous lawsuits and high divorce rates,
Grieving after losing a spouse or long-term partner can make it difficult to see beyond your grief. However, it is crucial to understand there are important and timely decisions you need to make
Even though probate has a bad reputation, thoughtful estate planning can help you minimize or avoid it. In reality, most heirs will have to navigate the probate process to some degree after losing
When you sit down to create your estate plan, there are likely dozens of questions running through your mind. Who should get possession of your home? Who should run the family business? Will
Many people believe that once they set up a Revocable Living Trust and transfer assets into the trust, those assets are protected from lawsuits. This is absolutely not true. While Trusts commonly
Probate sounds expensive and complicated, but it is simply a standard legal procedure formalizing how assets pass from a deceased person's estate to their chosen beneficiaries or heirs. Whether or not you require
Americans over the age of 65 establish wills and estate plans at a faster rate than their younger counterparts. Still, a significant number — 19 percent of those over age 72 and 42
Is your estate plan up to date? Give it this stress test to find out: 1. Do you have a will or a trust? Without your own plan you are relying on
A trust has been set up for your friend Rose, and you have been asked to be a trustee. Your desire to assist is tempered by your concern about the responsibilities involved. You
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