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What Is the Purpose of a Living Trust?

March 28, 2024
A living trust (also called a revocable trust or revocable living trust) can be beneficial to a much broader group of Americans than most people expect.
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Limited Liability for Asset Protection: How an LLC Protects Your Personal Assets

March 25, 2024
Can a Limited Liability Company provide an effective way to protect your personal assets from the risks associated with running a business? In this post, we review the benefits of creating a clear legal separation between your personal and business assets.
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Key Considerations to Transfer Property after Death

March 24, 2024
Navigate the complexities of transferring property after death with strategic estate planning. From understanding probate and the role of wills to exploring living trusts and beneficiary designations, this article offers key insights and considerations for safeguarding your assets, honoring your wishes, and creating a tailored plan with the guidance of experienced estate planning professionals.
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Estate Planning for Unmarried Couples or Non-Traditional Families

March 21, 2024
Estate planning is essential for unmarried couples and non-traditional families, offering vital protection and recognition for partners and loved ones. This article explores key elements, from wills and trusts to tax implications and blended family considerations, tailored to the unique needs of these groups. By working with experienced estate planning professionals, individuals can ensure their wishes are honored and their families are safeguarded, regardless of marital status or family structure.
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Documents You’ll Need to Update after Divorce

March 16, 2024
Amidst all the turmoil, it is vital for people to understand the significance of updating beneficiaries on various accounts and financial instruments.
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Who Can Benefit from a Special Needs Plan: Crafting a Comprehensive Plan for the Future

March 15, 2024
Whether you’re a parent with a special needs child or an adult caring for an elderly or special needs loved one, understanding the benefits of a comprehensive Special Needs Plan is crucial. Careful planning ensures that the individual with special needs has clear financial security upon your death, as well as specific goals to address the needs of your child or loved one so that they can be successful in the future. From guardianship and living arrangements to managing finances and planning for adulthood, each element of a special needs plan plays a crucial role in ensuring a secure and…
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3 Signs You Definitely Need a Trust (and Not Just a Will)

March 14, 2024
Estate planning is akin to crafting a roadmap for the future; it’s about guiding your loved ones through the maze of your final wishes with clarity and ease. At the heart of this journey lie two pivotal tools: wills and trusts. While both serve to shepherd your assets posthumously, certain situations demand the finesse of a trust over…
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Do I Need a Pour-Over Will?

March 13, 2024
Upon your death, assets held in the living trust can transfer using the trust administration process. Assets held outside of the trust, on the other hand, would need to be addressed in some other way.
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Guide to Incapacity Planning: Protecting Yourself and Your Estate

March 11, 2024
Incapacity planning is a crucial aspect of managing your estate and ensuring that your wishes are honored if you cannot make decisions for yourself. This article will examine the various components of incapacity planning, offering comprehensive…
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What to Do Before Naming a Family Member or Friend to Be a Trustee

March 8, 2024
The person you choose to inventory and distribute the assets of your estate should not learn that fact while deep in grief.
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