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Estate Planning

Estate Planning

Devising an estate plan will help you manage your property efficiently, protect your family’s and your own interests. Estate planning entails creation of wills, living wills and trusts.

A will is a document that can be very useful in securing the future of your partner and your children, when you are longer around. Wills consist of detailed plans about how and to whom a person’s belongings will be transferred.

A living will is a document through which you can transfer your belongings to your family while you are alive. If a time comes in your life in which you are not able to communicate your wishes to your partner or your children, this will can help them get what you intended to give them. You can also specify your health care preferences and the kind of treatment you would like to get, in your living will. If you ever fall ill and are not able to express your wishes, the living will help you get the your desired form of treatment.

A trust can be created in a person’s lifetime and as well as after his death, through a will. It’s a good way to manage property and avail tax benefits.

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Living Trusts vs. Wills

When readying their estate, many people incorrectly believe that a will is their only option to pass assets on to …
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What is a Probate Attorney?

Probate is a legal process where the court supervises transferring a decedent’s property after death. Probate is not a requirement …
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What is a Probate?

If you are reading this article, there is a good chance that a loved one has passed away and we …
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Probate Process

What is Probate? Probate is a legal process whereby the court supervises transferring a decedent’s property after death. The probate …
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How Does Divorce Affect Your Will?

Divorcing, in most states, will impact how a deceased ex-spouse’s estate is distributed. Although it would seem intuitive that divorce …
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What is a Living Trust?

One of the most useful types of estate planning documents is a living trust.  Though not as widely known as …
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Wills and Marriage

One of the most important things you can do for your family is to have a will in place. Imagine …
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Marriage and Trusts

When you get married, chances are you will bring in assets and property that you had before you were married. …

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