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The Importance of Having a Will
The Importance of Having a Will Many people think that wills and estate planning are only for the very wealthy, or for much older people. However, the truth of the matter is that having an up-to-date will is a responsible idea for most adults. Having an experienced...
Who Needs Asset Protection?
Who Needs Asset Protection? Many people mistakenly believe that only the wealthiest among us – or only those who have the most complicated financials – need asset protection, but neither is true. Asset protection is an important tool for anyone who owns a home and/or...
Why Asset Protection is Important
Why Asset Protection is Important? Protecting your assets – as a component of your estate planning – is critical to protecting your estate and helping ensure that one unfortunate financial incident doesn't wipe you out entirely. Our laws are based on facts – not on...
Can I Avoid Probate?
Can I Avoid Probate? Probate is not a foregone conclusion, and there are things that you can do to bypass the probate process – or at least to minimize the role it plays. Probate is a legal mechanism for assigning the property of someone who’s died to his or her...
What is Probate
What is Probate? Probate refers to the legal process that is required upon the death of a loved one, and it is intended to take care of the deceased’s estate. The court will either follow the deceased’s wishes as outlined in his or her will and/or will make its own...
Wills vs. Trusts What’s the Difference?
Wills vs. Trusts What's the Difference? It’s established that estate planning is complicated, and all those terms being thrown around don’t help. Once you better understand the basics, however, the better prepared you’ll be to move forward with the important tasks...
At What Age Should I Prepare My Will?
At What Age Should I Prepare My Will? If you are an adult and have assets that you would like to pass on to someone specific upon your death, you’re at a good age to prepare a will. What we’re trying to say here is that, as long as you are at least 18 years old and...
Estate Planning Beneficiaries Explained
Estate Planning Beneficiaries Explained How you establish beneficiaries in your estate planning is critical to ensuring that your wishes are carried out. The issue of your beneficiaries – like many elements of estate planning – is more complicated than you may...
What Is an Estate Planning Trustee?
What Is an Estate Planning Trustee? You’ve heard the term trustee bandied about when it comes to estate planning, but you may not have any idea about what that means. The basic parties to an estate planning trust include the person whose trust it is (known officially...