A living trust can be an excellent estate planning tool. However, if you are new to estate planning and aren’t quite sure what each role in a trust means, it’s essential to understand. The distinct roles in a trust are… Read More
Archive for the ‘Estate Planning’ Category
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3 Lists to Help You Prepare For Estate Planning
Checklists can help you organize your thoughts and prioritize the tasks that need to be done for a specific occasion. It can be highly beneficial to create a few checklists as you prepare for estate planning. Even when working with… Read More
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What an Estate Planning Attorney Does For You
If you don’t yet have an estate planning attorney, it may be because you don’t understand the many ways this professional is prepared to make life easier for you. Creating an estate plan and later administering it can be challenging…. Read More
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The Top 5 Trustee Duties
Legal trusts can be difficult for the average person to understand. But no matter what type of trust your estate or your family member’s estate uses, the essentials remain the same. A trust is a legal entity established by a… Read More
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Estate Planning Actions for Business Owners
Owning your own business is rewarding but comes with significant responsibilities. Most importantly, your business is one of your most valuable assets and must be carefully considered when you create your estate plan. You must consider situations such as what… Read More
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3 Reasons to Work With an Estate Planning Attorney Experienced With Trusts
When creating a comprehensive estate plan, you should include a trust to ensure the smoothest experience for your heirs. Any qualified estate planning attorney will encourage you to use trusts as part of your estate plan for several reasons. At… Read More
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3 Questions to Ask Yourself Before Estate Planning
Once you have taken the crucial first step in scheduling your first meeting with your estate planning lawyer, it’s time to ask yourself some questions. Prepare for estate planning by examining your family and estate, and ask yourself a few… Read More
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Two Types of Trusts You May Not Know About Yet
If you are familiar with estate planning, you know that trusts can be one of many crucial tools you use to prepare for the transfer of your estate. If you are not yet familiar with trusts, they are legal documents… Read More
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3 Common Will Provisions and Their Purposes
Wills, trusts, and other estate planning documents are highly beneficial for all individuals and recommended for every adult, age 18 and up. As a general rule, the sooner you can start estate planning with a knowledgeable attorney, the better off… Read More
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Why Estate Planning is a Lifelong Process
If you already have an estate plan, you know its importance. Your estate plan protects your assets throughout your lifetime and prepares for instances of incapacitation and death so your loved ones can inherit your assets without any issues. However,… Read More