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
Posts Tagged ‘Trusts’
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Should You Update Your Estate Plan After a Move?
Keeping your estate plan up-to-date is crucial to maintaining a plan you’re happy with. An up-to-date will, trust, and other documents will make sure that you and your family are taken care of in the event of sudden injuries, death,… Read More
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Why People Choose to Distribute Their Assets Through a Trust
As individuals start estate planning, they often choose to execute a Will to ensure their assets are distributed according to their wishes. While outlining your wishes in a Will allows you to decide how your estate assets are distributed, a… Read More
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3 Estate Planning Steps New Parents Should Take Today
As you and your family navigate welcoming your first child into your home, estate planning may be the last thing on your mind. However, it’s wise to consider estate planning and updating your legal documents as essential to new parent… Read More
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Why Should You Create a Trust For Your Estate Plan?
Estate planners often hear the question, “do I need a Trust?” This is because many people mistakenly believe that only the very wealthy can utilize Trusts or that their Will can do the same things their Trust can do. In… Read More
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Estate Planning for the Single Person
Estate planning is not just for couples. Single people can benefit just as much from planning for the distribution of their assets and property and preparing their healthcare in old age. However, estate planning for the single person does involve… Read More
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How to Include Charity In Your Estate Plan
For many people, charitable giving is an important part of their life. Some individuals may be passionate enough about specific organizations or causes that they opt to leave assets or wealth to charity in their will. To plan the best… Read More
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Why Trusts Are Beneficial for All Estate Sizes
Many people who are first exploring the estate planning process believe that trusts are only for those with a large estate and many assets. While a trust can benefit large estates, the truth is that trusts are beneficial for all… Read More
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5 Reasons to Create an IRA Trust
Trusts are a crucial estate planning tool that allows individuals to protect and preserve their wealth so that it can be passed onto the next generation. Individual retirement accounts (IRAs) can also be used to grow assets without income tax… Read More
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4 Mistakes to Avoid When Gifting Assets
Every person wants to make sure that their assets are passed on to their loved ones after death. However, gifting assets is not as simple as you may initially think. You need to be strategic when leaving behind money, property,… Read More