The Consequences of “DIY” Wills

Wills are an essential way of ensuring that all of your assets are distributed in compliance with your final wishes upon your passing, and yet many people decide not to create one due to the prospective cost. Websites like LegalZoom, Nolo, and Rocket Lawyer market legal document templates to consumers as a cheap, “Do-it-yourself” alternative...
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5 Reasons to Create a Revocable Trust

If you are new to the estate planning process, you might need some guidance about what documents are best for your unique situation. A revocable trust can be the solution to a lot of common estate planning concerns as it vastly simplifies the inheritance process. It is created by the grantor and can be changed...
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Debt and Probate: What You Need to Know

Most people have assets and legacies in mind when they create their Last Will and Testament. However, there are other considerations to deal with when making an estate plan. For instance, the matter of what happens to outstanding debts is an important thing to bear in mind. Your family could be responsible for the balance...
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Make a Plan for Long-Term Care

The possibility of needing long-term care is a reality that many retired people face as they age. If you don’t think you and your family can afford the costs associated with long-term care, you should prepare to qualify for Medicaid as quickly as possible. However, this kind of advanced planning is often overlooked, and the...
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5 Common Concerns for First-Time

Executors Many people who are put in charge of a close friend or relative’s estate have never fulfilled executor duties before. It is a position that involves a lot of responsibility, since being an executor means bringing closure to your family and helping to carry out your loved one’s wishes. There is often a learning...
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When to Update Your Living Will

If you are considering creating or updating a Living Will in the event that you become ill or incapacitated, you probably have questions about when to do so. It’s a good idea to review and make changes to your entire estate plan as needed every few years. This ensures that you’re ready for any eventuality....
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What Happens to Debts after a Death?

Everyone who creates an estate plan starts out by considering the assets that they want to pass on to their loved ones. This is only natural, but many people do not pay the same attention to what will happen to their debts when they pass away. This can leave your family in the position of having...
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