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Although it’s entirely understandable to savor the present, facing the inevitable discussion of what happens when you die can save your loved ones from unnecessary grief. Leaving a last will and testament can help your survivors honor your wishes regarding your...
Living trusts could help you manage your assets while you can still make rational decisions about them. However, they can only apply to certain people with specific financial situations. Estate planning requires the help of skilled professionals in law and finance....
There are so many variables involved in estate planning that you may miss a few details. Some items may seem insignificant now but may become important to your loved ones in the future. Below are some things people often forget when planning their estate. Alternative...
When someone dies, emotions run high as the family grieves and deals with the loss. It can be a significantly distressing time for relatives affected deeply by their death. They might go through more stress if the deceased passed without a will. If the deceased left...
You make a will to ensure that your assets will pass on to the people you care about. However, certain mistakes could make the probate court declare your will invalid. When this happens, the court will divide your property according to an earlier will or as if you...
Establishing a trust is a solid way to approach estate planning. It is a formal and lawful document that enables your beneficiaries to legally inherit your assets and properties. However, trusts are not free from problems. Beneficiaries and would-be beneficiaries can...
As we are in a digital era, it is unsurprising that we can now make activities involving important life decisions electronically. Whether attending a virtual job interview or renewing your driver’s license online, accomplishing things online has saved many people...
Estate planning is a collection of legal documents that outline what happens to your assets after you pass away or become incapacitated. Without an estate plan, the distribution of assets is typically left in the hands of the state. As a result, a testator's last...
As you delve into Nevada estate planning, you will learn about several legal documents to consider adding to your plan. Examples include a final will, trusts and powers of attorney. You may also want to add a living will if you wish to retain control over your...
There are lots of valid reasons why you need to create a will. One of these is to minimize the risk of your loved ones fighting over your wealth when you pass on. To this end, many people include a no-contest clause in their wills. Basically, the no-contest clause...