6 Reasons Why It’s Important to Have a Will
A last will and testament is a legal document that specifies how a person’s assets and property should be distributed after their death. It may also include instructions for any minor children and/or specific bequests to individuals or organizations. The will is typically executed (signed and witnessed) by the person making the will (the testator) and is legally binding after...
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6 Steps You Should Take In Choosing an Estate Planning Attorney
An estate planning attorney is a type of lawyer who specializes in helping individuals plan for the management and distribution of their assets and property after they pass away or become incapacitated. Estate planning attorneys can help clients create legal documents such as wills, trusts, powers of attorney, and healthcare directives to ensure that their wishes are carried out after...
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Avoiding Guardianship or Conservatorship with Estate Planning
Avoiding guardianship or conservatorship through estate planning is crucial for maintaining control over your affairs and preserving your autonomy. Guardianship and conservatorship involve a court-appointed individual making decisions on your behalf if you become incapacitated, which can significantly limit your ability to manage your finances, make healthcare choices, and handle other important matters. By engaging in effective estate planning, you...
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How an Attorney Can Help You Reach Your Estate Planning Goals
An attorney can play a crucial role in helping you reach your estate planning goals by providing expert legal guidance and assisting you with the necessary documentation and processes. Here are some specific ways in which an attorney can help: Understanding your goals: An attorney will listen to your objectives, concerns, and priorities regarding your estate planning. They will work...
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How an Estate Plan Puts You in Control
An estate plan is designed to put you in control by allowing you to retain control over your assets, decisions, and the distribution of your wealth, both during your lifetime and after your passing. Here are some ways in which an estate plan empowers you to maintain control: Clearly Stated Wishes: Through a well-crafted estate plan, you can explicitly state...
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How to Avoid Probate and the Benefits of Doing So
Probate is the legal process of distributing the property and assets of a deceased person according to their will or, if there is no will, according to state law. This process involves the court overseeing the payment of debts, taxes, and other expenses of the deceased person’s estate and distributing the remaining assets to the designated heirs or beneficiaries. During...
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