A trust is an estate planning instrument that allows you to transfer assets to the beneficiaries of your choice in the manner that you wish. However, it’s essential to be aware that a beneficiary doesn’t always have to be a person — it can also…
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When it comes to estate planning, there are many unique considerations for blended families. While you might wish to provide for both your children and stepchildren (and sometimes even a former spouse), it’s essential to understand the legal requir…
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Estate planning encompasses much more than what will happen to your assets when you pass away. It also empowers you to make choices about the healthcare you would like to receive (or not receive) if you cannot make these decisions for yourself. Impor…
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Estate planning doesn’t only involve planning for the distribution of your assets after your passing — it also has to do with planning for incapacity. While accidents or the unimaginable can happen at any time, one of the most important documents…
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As you grow older, you might begin thinking about how to ensure your objectives will be carried out when you pass away. But it’s important to understand that estate planning involves much more than executing a last will and testament — it also ha…
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If you are the owner of a company, your business isn’t just your livelihood — it is also the legacy you will one day leave to your children and grandchildren. While it can be all too easy to focus on the daily operations of your business, owners…
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If you become incapacitated — or your loved one develops a condition that impairs their ability to manage their affairs, think clearly, or make decisions — a guardianship may need to be put in place. Importantly, there are different types of guar…
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Trusts are an essential estate planning tool that can be used to accomplish a variety of objectives. However, it’s important to understand that not all trusts are the same. There are two basic types of trusts — revocable trusts and irrevocable tr…
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A comprehensive estate plan doesn’t only include instructions for what will happen to your property when you pass away — it should also include a plan for incapacity. Incapacity planning specifies who will handle your financial and business affai…
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Losing a loved one can be emotionally overwhelming — and dealing with the complex legal and financial aspects of their estate can be particularly stressful. If you are beginning the process of planning your estate, you might have many questions abo…
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