4 reasons why avoiding probate is a smart estate planning move
When planning your estate, one of the smartest strategies you can adopt is to minimize or avoid probate. Probate is a legal procedure in which
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When planning your estate, one of the smartest strategies you can adopt is to minimize or avoid probate. Probate is a legal procedure in which
For many people, creating an estate plan falls into the category of important but not urgent. As a result, it can get postponed indefinitely. If
As a closely held business owner, a substantial amount of your wealth likely is tied to the business. Of course, you want to retain as
The Tax Cuts and Jobs Act (TCJA) effectively doubled the unified federal gift and estate tax exemption — and annual inflation adjustments have boosted it
Asset protection is a strategic approach to safeguarding your wealth from potential lawsuits and creditor claims. Indeed, protecting your assets is critical in today’s litigious
For many people, pets are more than just animals — they’re cherished members of the family. Yet, when it comes to estate planning, their future
One question the family of a deceased person often asks is: What happens to debt after a person dies? It’s important to realize that a
When it comes to estate planning, married couples often assume that simply naming each other in their wills or designating each other as beneficiaries is
It’s not uncommon for an estate plan to contain multiple trusts. They can enable you to hold assets for and transfer them to beneficiaries, avoid
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