Estate planning serves numerous goals, including determining how to distribute one’s assets after death, protecting wealth from creditors, preparing for potential incapacity, and providing for vulnerable loved ones. However, many people may also consider tax efficiencies during estate planning. An estate plan may focus on minimizing tax liabilities that could cut into...
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Estate plans should change over time to reflect your latest circumstances. As such, you may want to change parts of your plan as your family or financial circumstances change, such as getting married, having children, or acquiring new assets. An estate planning lawyer can guide you through the process of changing or...
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People indulge in spring cleaning to give their homes, offices, vehicles, and other frequently used spaces a good going-over and freshening. Spring is a great time to review and freshen your estate plan as well as your environment.
How would that work? Spring cleaning for your estate plan...
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Popular singer-songwriter Jimmy Buffett died in 2023. Many people were curious about how much Buffett might have been worth, but the news about his estate plan provided very little information. What we do know, however, is that Buffett’s estate relied heavily upon trusts. And while it’s no secret that wealthy and famous...
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Losing a loved one brings emotional challenges, and handling their estate can add to the stress. If you’ve been named as an executor, you may be wondering how to begin managing their affairs. Letters Testamentary provide the legal authority to carry out this responsibility, allowing you to settle debts, manage assets, and...
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Caring for a loved one with disabilities means planning to meet their unique needs and provide long-term security. Without the right tools, even well-intentioned financial gifts can create challenges, such as jeopardizing eligibility for government benefits. A special needs trust offers a way to protect their future while ensuring they have access...
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Settling an estate involves either probating a will or administering an intestate estate (meaning, one in which there was no will) and distributing estate property to the deceased person’s (decedent’s) heirs. Either way, there are certain steps that must be taken within certain periods of time. Whether you are an estate executor...
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During World War II, the government kept all kinds of secrets. But the biggest of all was the development of nuclear weapons. We couldn’t risk the Nazis getting their hands on such a weapon, but we were equally afraid of what could happen if the Russians developed this technology before we did.
Legend has it there are 999 assorted ghosts, spirits and haunts living in Disney’s Haunted Mansion. A story and number so enticing that Disney routinely has to shut down the popular ride in order to clean up the scattered ashes of people hoping to spend eternity at the...
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Harry Houdini, the famous magician and escape artist, was deeply interested in spiritualism. He wanted to believe that the dead could communicate with the living, and he tried many times throughout his life to make contact with his deceased mother.
But after encountering many fraudulent mediums and others claiming...
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