What Questions Should I Ask an Estate Planning Attorney About Living Trusts?
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A living trust is a legal document that can be used to establish a trust for any assets that the creator wishes to transfer into it. The person can continue to use the assets placed in the trust, but they... Read More →
How Do Blended Families Handle Estate Planning?
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Blended families often face complex estate planning challenges. If you are raising a blended family, you need to ensure that your trust protects your current spouse and children from your previous marriage. Open and honest communication is the key to... Read More →
Is Estate Planning the Same as Planning a Will?
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Many people use the terms estate planning and will planning interchangeably. They are, however, two different processes. The basic purpose of creating a will and estate is the same – to provide relatives with instructions about how the creator’s property... Read More →
Having an Estate Plan is More Than Just Having a Will
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Many people think that estate planning is only for the super-rich. This couldn’t be further from the truth. Estate planning is for everyone who owns assets. Estate planning is all about minimizing risks, and ensuring all your assets are inherited... Read More →
Top 4 Estate Planning Mistakes
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Many people mistakenly think that estate planning is only for the elite. Even if you have few assets, you need to create an estate plan. Period. Creating a good estate plan is one of the most effective ways to ensure... Read More →
Estate Planning Vs. Retirement Planning
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While estate planning involves creating a plan for the transfer of the creator’s estate to their beneficiaries after their death, retirement planning is the process of setting retirement income goals and taking steps to achieve these goals. Creating an estate... Read More →
Why a Will is Crucial for the Sole Director and Shareholder
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If you operate a small company, writing a will should top your priority list. Small business owners who die without a will inadvertently create problems for their loved ones who want to assume control of the business after their demise.... Read More →
What Happens to an Estate If There is No Will or Trust?
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Many people think that estate and will planning is only for the elite. Nothing could be further from the truth. If you have an asset (can be anything from a bike to a private airplane), you need to create a... Read More →
What Are the Important Estate Planning Factors?
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They say, ‘Expect the best. Prepare for the worst.’ Though we all must grow a positive outlook, we should take steps to ensure that life’s contingencies do not catch us and our loved ones off guard. To ensure smooth sailing... Read More →
Mistakes that You Can Avoid with Help from An Estate Planning Attorney
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Estate planning is not easy, and at the same time, it is confusing to most people, which is why they don’t have a proper estate plan in place. A lot of people think that their assets will be transmitted to... Read More →