Many people have an urge to put off estate planning. This is certainly understandable, as the entire concept deals with some uncomfortable topics. Yet, proper estate planning is incredibly important. If you want to protect your health and well-being, protect your underage children, and have a say in what will happen to your assets after
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Planning an estate and writing a will are two important steps that anyone can take to aid in planning for the future. No matter how small or large, everyone has an estate, and planning for the distribution of this estate upon death can save many headaches down the line. Listed below are a few will
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No two estates plans are the same.  The more complex the estate issues, the more complicated and detailed the estate plan will need to be.  No one knows more about your situation than you do. That’s why we believe an estate planner’s first and primary job is to listen. Estate Planning Attorney As you share
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When someone passes away, their estate is usually handled by an executor that they name in a Will. When the decedent doesn’t have a Will with a named executor, the courts will appoint an administrator to manage the estate. The courts will also appoint someone if the named executor is found to be incompetent, the
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No one likes to think about the end of his or her life. However, in the event you do pass, your spouse will be left with your finances. Effect planning can ensure your surviving spouse doesn’t financially struggle if you pass. The below preparations will ensure your spouse is taken care of in the event
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Estate planning is a process involving advisors who are familiar with your goals and concerns, your assets and how they are owned, and your family structure. Estate planning covers the transfer of property at death as well as a variety of other personal matters. Further, estate planning can be used to minimize the costs and
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A will is a legally binding statement directing who will receive your property at your death. If you do not have a will, the state will determine how your property is distributed. Wills are complicated but essential. It is important to leave your assets in capable hands. By creating a valid will you can also
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When individuals are on their deathbed, things come into much clearer focus than before, and they may want to make some sudden changes to their will or codicil and estate planning documents. At the Law Office of Dan Kellogg, our estate planning lawyer assists individuals with their last minute will or codicil changes and ensure
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Though you may be uncomfortable discussing your own death, there are discussions you need to have to make your passing less stressful on your loved ones when it does happen. Estate planning is not something that should be done last minute, as it requires careful consideration and preparation in order to avoid making common mistakes
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If you are the owner of a small family business, you need to think about what is going to become of your business when you are no longer here to manage it. Will one of your children take over the everyday operations? Will a 50/50 partner buy out your share? Or will your business just
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