Many people are familiar with the idea of a last will and testament, but not everyone is familiar with trusts. For the sake of comparison, a will is a legal document that outlines how a person’s assets should be distributed after their death. A trust is similar in that it distributes assets after death, but […]...
Many people want to save time and money where they can, even when they’re planning their estate. However, a will is one of those things you can’t do without a professional. You might think that a handwritten will is fine, but handwritten wills offer little protection and can lead to numerous problems for your loved […]...
When creating an estate plan, one of the most important decisions you will make is choosing who will inherit your assets after you pass away. This decision is typically made by naming beneficiaries in a will or trust. While this may seem like a straightforward process, there are actually several common mistakes you can make […]...
Many young families shrug off estate planning, and the excuse is always that they are too young for it, not at risk, or can’t afford it. However, many are still troubled with the possibility that they could pass away, leaving behind their dependent spouse or children. While no one expects to die at a young […]...
Most people have assets such as a car, a house, real estate, investments, and more. Unfortunately, many people don’t make a plan for what will happen to those assets once they pass away. Although they may want to ensure that their loved ones receive them, it might not happen unless you create a legal, documented […]...
Estate planning is important for everyone, and especially single parents. While estate planning is primarily defined by deciding on asset distribution, single parents have different concerns from married couples. One of their main concerns is usually their children’s security. So, if you are a single parent in New York and wondering how to develop a […]...
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