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Understanding Why You Might Need Probate

Although probate sounds expensive and complex, it is a standard legal procedure which formalizes how some assets pass from decedents to the heirs or beneficiaries of their choice. Whether or not you require probate depends on the type of property…

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Why It Is Best to Have a Will and a Trust

In estate planning, wills and trusts each have specific purposes and unique advantages. Each state has specific laws and regulations governing these legal documents. You can have both a will and a trust; however, the information in each should compliment…

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What Happens if You Die Without a Will?

Dying without a will is also called dying intestate. Wills are subject to state law, and as such, intestacy processes vary by state in determining whether a person's assets go to their spouse, children, siblings, or parents. The probate court…

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Planning for Blended Families

Couples often bring children into a marriage from a prior marriage or union and then have children together. This is often referred to as a blended family. Blended families highlight the need for careful estate planning to make sure the…

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Guard Your Wishes with an Estate Plan

The importance of making end of life preparations cannot be stressed enough. Many people put off making these plans thinking there is always time. The sad reality is that none of us are guaranteed time. Others may be bothered by…

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How to Talk to Your Aging Parents About Estate Planning

It is essential that as your parents age, you have conversations with them about their finances. To broach the topic, you might bring up current events like the coronavirus pandemic, its’ effect on economic conditions, and how it relates to…

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