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What You Need to Know about Probate

A will is a legal document that spells out the distribution of your assets and how your children will be cared for at your death. Probate is a process used to prove a decedent’s will is valid and to supervise the handling of their estate.

Posted on: September 6, 2021

Does a Married Couple without Children Need a Will?

In fact, many couples with no children mistakenly believe that they are less likely to need a last will and testament than couples with children.

Posted on: August 30, 2021

What are My Best Estate Planning Moves?

Estate planning is the process by which you determine how your assets should be handled when you’re no longer capable of making financial decisions.

Posted on: August 26, 2021

Does Your Estate Have to Go Through Probate?

Every estate that holds titled property must be probated if title to that property is not transferred using some other wealth transfer method.

Posted on: August 24, 2021

What are the Advantages of a Testamentary Trust?

This legal document can also be beneficial in other situations, such as if you want to leave an inheritance to someone but aren’t sure they will use the gift wisely.

Posted on: August 20, 2021

Do Singles Need Estate Planning?

If you don’t have a spouse or children, you might think you don’t need to do much estate planning. However, if you have any assets, any familial connections, any interest in supporting charitable groups – not to mention a desire to control your own future – you do need to establish an estate plan.

Posted on: August 16, 2021

Do You Need a Revocable Trust or Irrevocable Trust?

Trust funds are not just for the ultra-rich. These sophisticated estate-planning tools can make just as much sense for middle-class Americans who own a home and have a net worth of at least $100,000.

Posted on: August 11, 2021

Does a Beneficiary on a Bank Account Override a Will?

Beneficiaries, in general, are people or entities that the holder of an account designates to receive the assets in the account, typically, in the event of the account holder’s death.

Posted on: August 10, 2021

Can I Set Up a Trust for an Adult Child?

Creating a will is important for all adults, but particularly those who have dependents—including adult dependents. Adding a trust to your estate plan can provide even more guidance.

Posted on: August 6, 2021

What to Do with Estate Plan when Loved One Dies

The death of a family member or loved one is a tragic experience for many. While grieving, it is especially stressful because of the funeral planning and estate planning the immediate family will have to take care of.

Posted on: August 2, 2021