When you become a parent, one of the most important considerations you must address is naming a legal guardian. Your child’s guardian will be named in your estate and responsible for the child when you can no longer be the… Read More
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How Do Dynasty Trusts Work for Beneficiaries?
A Dynasty Trust is an estate planning tool designed to provide financial security for multiple generations of your family. Unlike traditional trusts, which often have a set termination date, a Dynasty Trust can last for 1,000 years, offering long-term benefits… Read More
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Can You Plan for Pet Care After Your Death?
Estate planning is not just about taking care of your human loved ones; it’s also about ensuring that your pets are well cared for after you’re gone. Pets are family, and planning for their future is essential to creating a… Read More
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The Best Trusts for Married Couples
As you prepare your estate plan with your spouse, you may wonder which Trusts can help you most. Trusts are an essential part of estate planning and can help you pass down your assets and wealth as effectively as possible… Read More
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Can Estate Planning Documents Expire?
When creating an estate plan, people often wonder if their documents can expire. Can your will expire? How about trusts? Your Millman Law Group attorney can guide you through your estate planning questions. The truth is that while your estate… Read More
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Who Receives What? 3 Tips for Leaving Assets to Family and Friends
Estate planning is an essential process that ensures your assets are distributed according to your wishes after your passing. However, the process can be complex, particularly when deciding who receives what. To help you navigate this crucial aspect of estate… Read More
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Seniors and Caregivers: Estate Planning Tips
A caregiver, sometimes called a caretaker, is any person who provides care services to another. Seniors who need care may have a caregiver, who may be an adult child or their spouse. Some professional caregivers can be hired through agencies…. Read More
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The Top Mistakes Parents Make When Setting Up a Trust Fund
Establishing a Trust Fund for your child can be an excellent way to guarantee that your child receives financial support after your death or during important times of their life. Trust Funds allow parents to decide how much to leave… Read More
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How Families Use Dynasty Trusts
A dynasty trust is a type of irrevocable trust explicitly created to pass wealth down from generation to generation without incurring unpleasant estate taxes. This type of trust is designed to avoid the generation-skipping transfer tax, allowing your family wealth… Read More
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5 Advantages of Avoiding Probate
When you plan your estate with an experienced lawyer by your side, you can take all possible steps to help your family avoid probate. Why do families wish to avoid probate when they can? Probate is a legal process that… Read More