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One of the things that many people do as they plan their estate is use the terms “heir” and “beneficiary” interchangeably. While an heir and beneficiary are both terms that mean someone who has a legal right to gain from the deceased's estate, they aren’t typically...
Dealing with a loved one's passing is challenging, and the complexities of handling their financial affairs can add to the stress. A common concern in estate planning and administration is what happens to a person’s debts after death. Understanding how debts are...
Some business partnerships end in a pre-arranged fashion. Partners may have agreed to list the company for sale after a certain number of years or dissolve the business once they achieve certain goals. Other times, each partner may have a different long-term vision...