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How to Fit Your Stepkids Into Your Estate Plan

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One of the most complicated facets of estate planning emerges when you’ve been married more than once or have children from a previous relationship. Naturally, whether or not you want to leave something behind for all your children and stepchildren is a personal decision and you can decide what’s best for you.  But if you […]

Does an Executor of an Estate Have to Use an Attorney to Execute the Will?

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When you are appointed as the executor of an estate, it is important to review the instructions from the person who created this document.  When you create your own estate, you leave behind instructions for how your property should be distributed when you pass away, but you also nominate a person to administer your estate. […]

What Can You Learn from the Biggest Celebrity Estate Mistakes?

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It seems like every few months another celebrity is covered in the news with an estate planning mess. With the recent passing of Kobe Bryant, it’s possible that his estate could wind up in a similar situation. Even many people with plenty of reasons to consider estate planning end up putting that process off and […]

What Happens If My Long-Term Care Policy Lapses?

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If you were under the impression that Medicare will continue to provide for your long-term care needs, including payments to a nursing home, this could be a catastrophic mistake that follows a missed premium due to your long-term care insurance policy.  Not paying your long-term care insurance policy premiums eventually gives that company license to […]

I’ve Avoided Probate, But Have I Missed Anything Else?

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Avoiding probate has many different factors that could lead you to search out services and opportunities to avoid this process. However, it’s not the magic answer that addresses every problem that could show up after you pass away. These common misconceptions could make it more difficult for your loved ones in the future. First of […]

How Does a Payable on Death Bank Account Work?

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There are many different ways that you can protect your interests and money and keep it outside of probate. In order to do this, it is your responsibility to consider the benefits of a payable on death bank account.  You will need to notify your bank about who you intend to inherit the money inside […]

Splitting Up Assets for Your Children: Considering Special Needs

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There are many different circumstances that might prompt you to consider whether leaving an unequal estate plan to your children is recommended. Every family has different dynamics that must come into account when contemplating how to proceed with estate planning.  If you have a child with special needs, this should prompt you to schedule a […]

Organize Your Assets Before Tackling Estate Planning

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If you’re like most people, you’ve got a long list of things you want to accomplish in 2020. Some of these are ongoing tasks and others involve sitting down and knocking out one big project. If estate planning and writing your will fall somewhere on your list, one of the most important things you can […]

How Is the SECURE Act Really Going to Change the Scope of Estate Planning?

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The SECURE Act is designed to help address many of the current issues related to retirement in the united states. This could have significant implications for your current estate plans. From a taxpayer’s perspective, there is both pros and cons associated with the Setting Every Community Up for Retirement Enhancement Act of 2019.  More employees […]

Does A Young Family Really Need Estate Planning?

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The first time that most people approach the subject of creating an estate plan is when they have some sort of a family member that might be relying on them financially. The most common situations for this include a spouse or a new child. A young married couple with a new born baby might recognize […]

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