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Many people develop serious medical conditions as they get older. These medical conditions can make it difficult for them to care of themselves, especially if they are left incapacitated. When this happens, it can be hard for family members to know how their loved one...
Planning your estate means taking the time to ensure all your affairs are in order. Most people think of their will when they’re taking care of this, but the will isn’t the only component of a comprehensive estate plan. Your estate plan doesn’t cover only what...
Many people decide to establish an estate plan to protect themselves or their close family members. However, people may have responsibilities to others beyond their immediate family members. Those who have started or purchased businesses or professional practices may...
If one of the few times you have your adult children gathered in one place is over the holidays, you may find this the best time to discuss your estate plan. If you’re anticipating putting your plan in place in the new year, it can be helpful to everyone to share your...
Increasingly, people aren’t just considering their human loved ones in their estate planning. They’re including stipulations for the care of any pets who outlive them. This is crucial for those who don’t have relatives living nearby who can take their animals....
Receiving a terminal diagnosis is an emotionally overwhelming experience. This scenario often prompts a reevaluation of one’s priorities, including the need to address estate planning concerns. While the thought of managing legal and financial matters during such a...
Most people might benefit from using a trust as part of their estate plan but many people might avoid creating one because they view trusts as complex or expensive. Testators unfamiliar with the advantages of trusts may forego their creation and rely on simpler estate...
When your first child was born, it changed the way you thought about the future. You always wanted to make sure that you could provide for that child. As a result, you took out a life insurance policy. If anything unexpected happened to you, you knew your child would...
It took time and dedication to build your business. While you hope it will always be a part of your family's legacy, it's important to remember that situations may occur that will affect its continuity, such as lawsuits, divorces, and family disputes. One way to...
Estate planning is commonly associated with elderly individuals and those suffering from serious illnesses. However, the truth is that estate planning can benefit all adults, including younger ones. Outlined below are a few reasons why younger people should consider...