Tag Archives: living trust

Account Beneficiaries: Why You Should Review Them Regularly

How your accounts are owned has a big impact on your estate plan.

The main objective is usually to ensure that no accounts and property are in only your name when you die.

When property is owned by only one person, they go into probate upon that person’s death. This is a costly, public, and time-consuming court...
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Why Your Marital Agreement Should Be a Part of Your Estate Plan

It is not uncommon for couples to enter into marital agreements stating what property is separately owned by each spouse and the property rights each spouse will have in the event of separation, divorce, or death.

They are most common when one or both of the spouses is wealthy, owns a family business, or expects a...
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What is Ancillary Probate and How to Avoid It

Many people own property in more than one state -

perhaps a vacation home in Florida, a rental property in a former home state, or even a car titled in another state. It is important to think about how that property will be handled as you create an estate plan. Without proper planning it may be necessary...
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