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Do You Understand the Components of Estate Planning?

What is an Estate Plan? According to Meriam Webster, the legal definition of estate planning is "the arranging for the disposition and management of one's estate at death through the use of wills, trusts, insurance policies, and other devices." All adults…

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Will a Creditor Disrupt Your Probate Process?

When a testamentary dies, a personal representative (executor) makes a public record of the date of death, which may even be published in a local newspaper. In part, this information serves as notice to creditors if the decedent has an outstanding…

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Is Your Estate Plan Up to Date?

In case of big life changes such as births, marriages, divorces, or moving to another state, you should check your estate planning documents every now and then. Children grow up, marriages dissolve, property gets sold, and residences change. That’s why…

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What Happens to an Estate In the Absence of a Will?

According to caring.com and despite the COVID-19 pandemic, overall percentages of older Americans without a will have remained the same. Remarkably, younger adults with a will show an increase of sixty-three percent comparative to pre-pandemic times. This 18 – 34…

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Five Estate Planning Mistakes People Make

People spend the first half of their lives trying to achieve financial security and the second half of your life trying to maintain it. This adage is why many people spend substantial time and effort maximizing their legacy goals in…

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A Guide for Understanding the Probate Process

Probate is the legal process of handling the estate of someone who has passed, where an executor assists in the distribution of the assets, clearing any debts, and finalizing any taxes owed in accordance with the will. To begin probate, a…

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