Many people choose to prepare a revocable living trust as the basis of their estate plan rather than joint ownership or a will because when it is properly prepared it avoids the public,
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The traditional family structure has evolved in the US over the last several decades. According to statistics from the Pew Research Center, six out of ten women who remarry are in blended families,
Most older adults consider estate planning to be essential. Yet, nearly half of Americans age 55 or more do not have a will, and even fewer have designated powers of attorney, a living
When a loved one dies, their money and property has to be distributed to the appropriate people according to the will, or the state’s laws if a will is not in place. Even
The legal term “guardian” refers to someone who cares for another individual, often a minor child, who needs special protection for a variety of reasons. Although parents of a minor child can name
No one wants to think about what would happen to them if they became incapacitated, but it’s a critical plan to have in place for your own welfare and the welfare of your
The first step to having an effective estate plan is understanding what exactly it is, what purpose it serves, and what type of estate planning vehicles are right for you and your situation.
There is a question we hear all the time: “Can’t I just get a will off the internet, do a transfer-on-death deed for my land, and put my kids on my bank account?”
Client have occasionally asked us whether their estate plan can include a right of first refusal (ROFR) on assets in their estate. To illustrate this issue, here’s a hypothetical scenario: The Family Farm
Just like you should visit your doctor for a yearly check-up, you should review your estate planning documents annually to make sure they are up-to-date. Children grow up, marriages dissolve, property gets sold,
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