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An estate plan is a set of legally binding documents that allow you to prepare for the inevitability and unexpectedness of death. You must prepare and execute the paperwork properly with the help of an experienced lawyer to ensure its enforceability and effectiveness....
There are many estate planning solutions that work for people in different situations. For example, trusts are useful for people who want to qualify for certain kinds of aid later in life, protect assets from collection activity or control what happens to their...
Pets bring so much joy to people’s lives. Their little antics can improve a bad day, while their curiosity allows people to see the world differently. No wonder people want to spoil their animal companions and ensure they live a good life too. If a pet owner dies...
Your current estate plan may be adequate for your needs right now, but what if that stops? Circumstances may change in your life, such as a marriage, divorce, death, the addition of a new child or grandchild, a change in the laws or a change in your assets, and that...
Have you ever heard the term "breach of fiduciary duty" and wondered what it means? Don't worry; it is not as complicated as it sounds and it can be explained in simple terms. Fiduciaries, duties and beneficiaries A fiduciary has a special duty to act in the best...
Many people who create trusts have a very specific focus. They want to put their assets in the trust for an heir who has special needs, for example, so that they don’t disqualify that person for government benefits. Maybe they want to put money in a trust that can be...
Estate planning is a crucial process allowing individuals to help protect their assets and ensure their wishes are fulfilled. If you’re currently working on your estate plan, you may wonder if you should include a special needs trust. A special needs trust, also known...
A will is one of the most important legal documents you can ever sign. Through your will, you make known your wishes regarding what you want to happen to your estate when you pass on. If you die without a will, the government would step in and make this decision for...
Estate planning is integral to ensuring a secure future for your loved ones. One critical component of this process involves the handling of real estate assets. Whether it's a family home, rental property or land, real estate often forms a significant part of an...
For most business owners, running a business is a full-time job. If you are a business owner, chances are that you are also the heart and soul of your business. However, while being busy with your job is okay, that should not keep you from planning for the future. An...