No Last Will and Testament? Now What?

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As challenging as it is to think about what will happen to your loved ones after you pass, it is vital if you have specific wishes. If you die without drafting a last will and testament, you leave your loved ones’ future and the future of your assets up to the intestacy laws of the state in which you live. Intestacy laws put the delegation of your assets into the state court’s ...

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Revocable Living Trusts Explained

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A revocable living trust is an alternative financial planning solution that allows your assets to be protected based on the unique situations of each phase of your life, without having to go through probate. A revocable living trust, more commonly known as a living trust, is created by the settlor to protect his or her Continue Reading →

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How to Avoid the Probate Courts

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If you are one of the many individuals who wants to provide for your loved ones after you pass but do not want to go through probate to do so, these helpful tips may be of some guidance. When it comes to avoiding probate court, there is an ...

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Do I Need A Will If I Don’t Have A Lot Of Assets?

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In order to receive peace of mind in your future, you must conduct some basic financial planning. In doing so, you may be left wondering if you really need a will. No matter the measurable size of your assets, everyone can benefit from creating a will. A will allows an individual to guarantee that their final wishes regarding the delegation of their estate will be carried Continue Reading →

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How to Deal with Trustee Refusal

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Unfortunately, the death of a loved one is often followed by family turmoil and debate over his or her estate. In attempts to avoid family debates, many individuals will appoint a trustee for their trust. The trustee has a variety of responsibilities when acting as the legal fiduciary for the beneficiaries. But in some cases, a trustee may refuse to act. If you are left wondering what a beneficiary can do if the trustee refuses to act, there are a ...

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Avoiding Common Celebrity Estate Planning Mistakes

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It is no surprise that estate planning is a complex and invasive process. However, estate planning for celebrities can be extremely complex with so many interested parties involved in the process. With recent celebrity deaths and will and trust mistakes, it becomes increasingly more important that we learn from these celebrities’ mistakes. Many experts and lawyers attribute celebrity will mistakes to their hectic lifestyle. Wills, trusts, and estate planning must be updated whenever one experiences a major life change; however, ...

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Using Living Trusts To Avoid Probate

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As you may have heard about the complex and long process of probates, you may be inclined to try and avoid the process altogether. When you are going over your estate planning desires, your main priority is likely leaving as much of your wealth to your children and heirs as possible. Through the probate process, you are required to leave a good amount of your money to probate lawyers. Did you know that living trusts make it possible to avoid ...

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Executor of an Estate: Being Relieved of Duties

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It is common knowledge that the probate process sometimes takes several years to complete. In order to close the probate process, the executor of the estate must request a release of their duties from the court. However, what happens if the executor never requests a release from their duties, and chooses to do so several years later?

Often, an executor of an estate fails to ask the court to relieve them of their duties in a timely manner, and decide they ...

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Preparing Your Financials for Deployment

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Deployment orders typically raise an abundance of questions and concerns. One of the most important steps that need to be taken care of before an individual is deployed is arranging their financial assets. Compiled are some helpful tips to get you through this process:

  • You will want to appoint someone to handle your financial affairs while you are deployed. If you are a single parent, you will want to appoint someone as a temporary guardian as well. A power of attorney ...
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