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Estate Planning Help Guides

Essential Estate Planning Updates to Make after You Get Divorced
Divorce holds considerable implications not only for your financial future, but also for the future of your loved ones and even your medical care. To that end, it is imperative that you revisit your estate plan as soon as you seek divorce or separation. Keep the following estate planning considerations in mind as you proceed with your divorce. Befor...
7 Key Estate Planning Steps to Follow When You Have Kids
As a new or soon-to-be parent, you begin to realize that there is very little you would not do to protect your beloved children. Babyproofing your home and finding the perfect car seat are important steps, of course, but have you created a contingency plan to ensure your child continues to receive amazing care once you are no longer around? Do you k...
How to Set Up a Living Trust
A living trust, also called a revocable living trust or simply a revocable trust, is a common estate planning tool. When you create a living trust and transfer assets into it, those assets avoid probate court when you die. A living trust can also make it easier for your loved ones to manage your estate in the event you become incapacitated during yo...
How to Leave an Heir Out of Your Will
When the multi-married actor Henry Fonda died in 1982, he left his estate to his fifth wife, to whom he was married at the time of his death, and one child he had adopted with his third wife. He specifically left nothing to his other two children, the actors Peter and Jane Fonda, who he had fathered with his second wife. The words Fonda used in his...
Understanding the Probate Process
Probate can sound like a terrifying word and an even more terrifying process. However, it does not have to be. You can easily navigate the process when you understand the ins and outs of it. In fact, the probate process can consist of as little as four steps, so there is no need to overcomplicate it in your mind. What Is Probate? Probate is a common...
What to Look For in an Estate Planning Attorney
Finding an estate planning attorney can be a difficult task, but selecting the right one can take away the stress of planning for your future. By working with an estate planning attorney you can put into place exactly what will happen to your assets when you die, giving you and your family peace of mind at an otherwise stressful time. The question t...
What Is an Affidavit and When are They Used?
In a nutshell, an affidavit is a sworn statement that is in writing. Affidavits are usually used in a court or in negotiations. They are common in family law cases and bankruptcy cases. They are also used in civil and criminal cases, though not as often as family or bankruptcy law cases. They must be notarized and you must swear that the facts conta...
An Overview of Trusts
Trusts can be very valuable tools that individuals can use within their estate plan. They are one aspect of a larger plan, and when used correctly, they can have many different benefits. They are not the best move for everyone, however. Having......
How Can Business Owners Use Trusts to Their Advantage?
Protecting your business assets is imperative, especially if you are planning for future generations to take over the business. Incorporating your business or setting up a limited liability company (LLC) provides some personal protection, but......
Estate Planning: When to Update Your Plan and Why
If you have an estate plan already in place, then you have started off on the right path. If you do not have one yet, it is time to get one drawn up so you can have a plan in place. However, once you have your estate plan made, it is not......