Tag: will

Probate: Understanding the Process

A probate court validates a will and ensures an executor manages the decedent’s assets and debts in accordance with the law and the decedent’s wishes. To begin probate, a personal representative or executor must file with the county court where the decedent lived, even if there is a property for

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The 7 Worst Reasons for Putting off Estate Planning

I don’t own much with my family. Wouldn’t it be better to wait until we’re able to afford to plan?   You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if anything should happen to you. You don’t want

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Estate Planning: What You Need to Know

Despite its reputation as a rite of passage for the very wealthy, estate planning is simply the accumulation of real estate an individual owns, and most people own some or all of their own property. Property ownership includes individual as well as jointly owned bank accounts, stocks and bonds, retirement

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Is Your Estate Plan Prepared for a Pandemic?

The World Health Organization (WHO) named the novel 2019 coronavirus outbreak on February 11, 2020. The coronavirus disease 2019 shortly after became known by its abbreviation, CO for corona, VI for a virus, D for disease, and 19 for the year of the outbreak; COVID-19. This virus will likely become

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A Guide for Young Adults on Estate Planning

A typical belief among young adults, even those with professional careers older than thirty, is that they are too young to be concerned about estate planning. Young adults in their twenties and thirties often think they don’t own enough to constitute an estate. However, an estate is the total of

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