Ways To Avoid Probate

Avoiding Probate Through Estate Planning Estate planning will allow you to maximize your return on existing assets, minimize estate taxes, avoid probate, and pass your assets on to your intended heirs and beneficiaries upon your passing or incapacity. Understanding Probate The definition of probate According to the Legal Information Institute, probate is the judicial process […]

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Elder Legal Incapacity

This article covers the effects of dementia in older adults, its potential legal and financial implications, and what estate planning steps you need to take now to avoid mistakes later. Legal Capacity and Legal Incapacity Legal Capacity Under the law, one must have the legal capacity to make legal decisions about your own life. Including […]

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Estate & Trust Lawyers

In general, estate and trust lawyers assist their clients with planning where their assets will go after death and under what terms and conditions. The larger the estate, the more extensive the legal work becomes and the higher the legal fees. Types of Estate and Trust Lawyers Estate and Trust lawyers also go by Wills […]

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Burial Insurance Estate Planning

There are many types of end-of-life insurance coverage available today. The determining feature of the kinds of burial products and funeral services available through your insurance coverage will be based on the amount of the monthly premium you are willing to pay now. This article covers low-to-moderate expense burial insurance coverage. Burial Insurance – Estate […]

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Liability For Wrongful Death

This article provides a basic description of wrongful death law, the legal status of the parties, the types of facts that can give rise to liability in wrongful death cases, the types of damages that are recoverable in such cases, and how survival rights are determined. Proving Wrongful Death Cases The Parties In civil cases, […]

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Small Claims Court

Small Claims Court Small Claims court provides people with an inexpensive way to litigate low-dollar civil disputes quickly, inexpensively, and without needing a lawyer. Most of the time, Small Claims judges are members of the local bar and practicing lawyers. Not Every Claim Is Suitable For Small Claims For example, in many jurisdictions, you are […]

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Role Of Executor

What to Know When Naming an Executor An Executor is a person named by a testator (someone who has made a valid will) to manage the concluding affairs of the deceased such as making sure debts are paid, accounts are closed, and the designated beneficiaries receive their inheritance. When Family is Chosen as Executors In […]

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Last Will & Testament Q/A

What is a Last Will and Testament? A “will,” also sometimes referred to as one’s “last will and testament,” is a legal document that disposes of your “estate” upon your death. Your “estate” is all your money, personal and real property. If you have a simple estate plan (such as the desire to leave your […]

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Living Trusts Q/A

What Is A Living Trust? A living trust possesses ownership rights and legal title to the assets contained in the trust and must be managed in accordance with the terms set out in the trust documents. The trust documents identifies the specific assets held in trust and the persons identity entrusted to manage and distribute […]

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Power of Attorney Explained

F.A.Q. How Does “Power of Attorney” Work? Q. My father has been terminally ill and wants to make sure that should he become incompetent or unable to manage his finances, someone within the family will do that for him without having to be a joint account owner. Can a Power of Attorney help us accomplish […]

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