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Things to Know in Estate Planning for an Addicted Loved One
July 31st, 2024
It has been said that the only thing harder than being an addict is loving one. It can be particularly difficult for a parent to bring a child into the world, full of hopes and dreams about their future, and then watch them spiral down into addiction…
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Is it time to Update Your Estate Plan?
June 26th, 2024
Having an estate plan is a great way to ensure you and your loved ones are protected today and in the future. When creating an estate plan, we look at what is going on in your life at that time. But because life is full of changes, it is important to…
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Categories: Estate Planning, General News, Planning for Minor Children, Powers of Attorney, Trusts, Wills
What Happens to An Adult Child Living at Home When Their Parents Pass Away?
June 5th, 2024
Today more young adult children are living at home with their parents than at any time since the 1940s. While there are many different opinions about this trend and the cause of its recent prevalence, the primary motivation for young adults staying a…
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What Can I Not Do as Trustmaker and Trustee of a Revocable Living Trust?
May 29th, 2024
Wills and living trusts are two of the most fundamental estate planning documents. While both accomplish the same primary objective in an estate plan of directing the distributions of your money and property to your desired beneficiaries after you pa…
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Who Should Be the Trustee of a Third-Party Special Needs Trust (SNT)?
May 15th, 2024
Family members with special needs may require assistance throughout their lives. If you want to ensure that a loved one with a disability is taken care of after you are gone, you can help manage resources for them by using a third-party special needs…
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Five Essential Legal Documents You Need for Incapacity Planning
April 10th, 2024
Comprehensive estate planning involves more than just planning for your legacy after your death, avoiding probate, and reducing taxes. Good estate planning also addresses incapacity and appoints people to make legal, financial, and medical decisions…
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Will and Estate Administration Details that TV and Movies Get Wrong
April 3rd, 2024
While television and movies provide great entertainment, they are not always factual. Even shows based on real events are not entirely accurate. Creators of television programs and movies will often alter details of a story or situation to provide an…
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Don’t Let This Crucial Question Derail Your Estate Plan: Outright or in Trust?
March 27th, 2024
Sitting down to create or update your estate plan can be overwhelming. Crucial to a successful plan is your ability to address two major questions: Who will get your stuff when you die, and how do you want those individuals or charities to receive th…
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What Is the Difference Between a Probate and Trust Administration Attorney and an Estate Planning Attorney?
February 28th, 2024
Estate planning attorneys and probate and trust administration attorneys play crucial but distinct roles in the legal processes involving legacy planning, asset distribution, and wealth preservation. Estate planning attorneys focus on creating a plan…
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What Happens to Real Estate With a Mortgage When I Die?
February 14th, 2024
Your mortgage, like the rest of your debt, does not simply disappear when you die. If you leave your home that has an outstanding loan to a beneficiary in your will or trust, your beneficiary will inherit not only the property but also the outstandin…
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