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Everyone has heard the terms “will” and “trust,” but not everyone knows the differences between the two.
Read More »Trusts are legal arrangements used in estate planning, alongside wills and advance directives.
Read More »Life estates can be an excellent tool for Medicaid planning, probate avoidance and tax efficiency, but there are potential problems to look out for.
Read More »When people pass away, their assets go through probate. The parties to an estate are the people involved in the probate process.
Read More »Estate administration is the process of managing and distributing a person’s property (the “estate”) after death.
Read More »While it is important to have an updated estate plan, there is a lot of information that your heirs should know that doesn’t necessarily fit into a will, trust or other components of an estate plan. The solution is a […]
Read More »The government has expanded access to protections for spouses of reverse mortgage holders who are not named in the loan document, allowing more such spouses the ability to stay in their home if the borrowing spouse dies or moves to a care facility.
Read More »Without an estate plan or a fully funded revocable living trust, your loved ones will have to probate either all or a portion of your property. The cost of the probate will depend on several factors, including the value and […]
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