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Estate Planning with Your Parents

Estate Planning with Your Parents

You may find it daunting to talk to your parents about their estate plan or will. Many adult children put off having the “dreaded talk” with parents and are unprepared when an unforeseen event like an accident or illness happens.…

Keeping Seniors Connected to Avoid Loneliness

Keeping Seniors Connected to Avoid Loneliness

A healthy and long life is what most of us strive for, and we respect the wisdom of the elderly. However, their long life often comes with the grief of outliving their spouses, friends, and sometimes their children. If they…

When Revocable Becomes Irrevocable

When Revocable Becomes Irrevocable

Here’s a question we got from a client a while ago: After my brother died, he left money in a revocable trust for my children – but they could only get that money if they spent it on a trip…

A Guide to Probate

A Guide to Probate

The American Bar Association (ABA) notes that probate is the legal process that acknowledges a will and appoints a personal representative (executor) to administer the estate to intended beneficiaries. Navigating the probate process will vary according to state law. Therefore,…

A Guide to Estate Settlement

A Guide to Estate Settlement

When appointing someone as the executor or executor-designate of an estate, or when accepting the responsibility of one, there are certain factors to consider – the complexity of the task and the order in which to pursue it. Beyond the…

The Probate Process with or Without a Will

The Probate Process with or Without a Will

The probate process, held in probate court, is well-known to most people, who know the process takes place after someone passes away. There are very few people who realize it can be a prolonged and complicated process. Often, it will…

An Ineffective Power of Attorney

An Ineffective Power of Attorney

Powers of attorney allow you to appoint a trusted individual to make decisions and handle transactions on your behalf. You might need them for personal finances, business operations, or medical purposes, either immediately or on an ongoing basis. Sounds simple,…

Plan for the Future of Non-Traditional Families

Plan for the Future of Non-Traditional Families

The practice of estate planning is evolving due to changing family structures. Thirty years ago, a traditional family consisted of a man and a woman who lived together, bought a house, had children, and worked to achieve financial stability and…

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