Most people have heard about trusts and probably know they come from the estate planning arena. The details of why to have one and what they do, however, are often unclear. Here are a few points to clarify what trusts do and how you can benefit from having a trust.
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What do you think when you come across news about the value of a celebrity’s estate? When the value of real estate they own(ed) is reported publicly? Or when there is a fight over assets among heirs? You may not associate such news with your own estate plan, but you may h...
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You might think the most important reason to have an estate plan is distributing assets according to your wishes and desires, and it would be hard to disagree with that idea. We think it is also important to consider the importance of your medical documents and the role t...
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Once you have executed your estate planning documents, it is important to remember that the process is incomplete until you confirm how your assets are titled. Your estate planning documents cover a lot of information and give directions about how your estate should be di...
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What do you think of when you hear the phrase “trust fund kid”? Your answer may not be a positive one. The popular stereotype lets us believe trust fund kids are over-privileged, spoiled, and never learn the value of work. Nevertheless, if your desire is to leave an inher...
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