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There are many different types of techniques and tools you can utilize when you create your estate plan. Each comes with its own set of positives and negatives. Transfer on death deeds can be helpful devices but, in some situations, they can have severe drawbacks, as well.
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Legacy Assurance Plan is an estate planning services-company and is not a lawyer or law firm and is not engaged in the practice of law.
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When most people think about estate planning and the legal documents that will dictate the terms of the distribution of their wealth after their deaths, they often focus their attention on the last will and testament or perhaps a revocable living trust.
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Across the last few years, legal experts have been increasingly extolling the need for people to engage in estate planning with regard to their digital/electronic/online assets.
Across the last few years, legal experts have been increasingly extolling the need for people to engage in estate planning with regard to their digital/electronic/online assets.
There are many mistakes one can make when it comes to estate planning. One of the most fundamental traps is to fail to act.
There are many mistakes one can make when it comes to estate planning. One of the most fundamental traps is to fail to act.
We can learn a lot from famous estate plans. The estate plan of Jerry Lewis teaches both some positive and negative examples when it comes to disinheriting children.
We can learn a lot from famous estate plans. The estate plan of Jerry Lewis teaches both some positive and negative examples when it comes to disinheriting children.
For a lot of people, their home is their most important asset, both in terms of dollar value and emotional value. There are lots of different ways to structure your overall estate plan, and that is true regarding how you handle your home, too.
Most people have things, situations or people in their lives that would tend to create a degree of uniqueness to the handling of their estates. That’s why proper and comprehensive estate planning is so important.
Most people have things, situations or people in their lives that would tend to create a degree of uniqueness to the handling of their estates. That’s why proper and comprehensive estate planning is so important.
An estate that ends up spending extensive time winding its way through the court system is often something that is time-consuming, expensive and stressful for those involved in the case.
Two of the many outstanding benefits of estate planning are that estate planning allows you to have control, and estate planning provides protection. By planning, you can control who gets your assets, you can control how much each person gets and you can control who gets nothing.
Joint tenancy with right of survivorship is a means of owning property. It can be a useful form of ownership in some situations. As a method for avoiding probate, however, this tool can create many problems.