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Probate: Understanding the Process

Although probate can be minimized or avoided with thoughtful estate planning, sometimes it is required despite its negative reputation. In reality, most heirs will have to navigate the probate process to some degree after losing a loved one. Understanding what…

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The Benefits of Living Trusts for Seniors

Sadly, seniors can be a prime target for financial abuse and fraud. The elderly are often taken advantage of by strangers — and sometimes even their own family members. That’s why it’s important that planning is in place to help…

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Children’s Inheritance: Why You Should Protect It

In planning your estate for your children's and grandchildren's inheritance, protective measures should be taken to prevent assets from disappearing or being seized by creditors. A simple way to achieve inheritance protection is through a trust. A trust can pass…

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What Is the Purpose of an Advance Directive?

The tears trickle down Kevin's cheeks as he stands outside Winnie's nursing home room. The medical staff just finished inserting a feeding tube into Winnie – an act Kevin knew she didn’t want. Unfortunately, Winnie couldn’t express her wishes due…

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A Guide to Determining If You Need Probate

Probate is a standard legal procedure that formalizes how some assets pass from a deceased person to his or her chosen heirs or beneficiaries. Whether or not you require probate depends on the type of property and how you own…

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What are the Benefits of Creating a Trust?

We hear this question often. If you decide to create a trust, the following information can help you decide which type of trust is right for you. For example, maybe you have a disabled child and you want a trust…

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The Importance of Estate Planning for Seniors

Americans over the age of 65 establish wills and estate plans at a faster rate than their younger counterparts. Still, a significant number — 19 percent of those over age 72 and 42 percent of those between 53 and 71,…

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