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Wills versus Trusts

Wills versus Trusts

Various states have different laws and regulations regarding wills and trusts, which have different benefits for estate planning. You can have both a will and a trust; however, the information in each should compliment the other. As a standalone, it…

Life Insurance and Estate Planning

Life Insurance and Estate Planning

The disposition of your assets in your estate plan may seem unrelated to life insurance at first glance. However, life insurance can be an integral, indispensably important part of a well-thought-out estate plan. There are numerous other benefits to owning a…

What Are the Advantages of Trusts?

What Are the Advantages of Trusts?

We hear this question a lot. You can find out whether you need a trust and, if so, what kind is best for you by reading on. For example, maybe you have a disabled child and you want a trust…

The Impact of COVID-19 on Advance Directives

The Impact of COVID-19 on Advance Directives

COVID-19 has brought renewed importance to advance care planning and directives. Responses to vaccinations and understanding their efficacy, reinfection potential, and long-haul symptoms resulting from COVID-19 continue to baffle our scientific understanding. It appears the coronavirus will continue to challenge…

Charitable Trusts Can Provide Income to Heirs

Charitable Trusts Can Provide Income to Heirs

An irrevocable trust that benefits a charity and also provides income to the heirs is a charitable trust. If you are philanthropically minded with nonessential assets like stocks or real estate, a charitable trust can offer many financial advantages for…

What COVID-19 Means for Advance Directives

What COVID-19 Means for Advance Directives

The COVID-19 pandemic underscores the importance of advance care planning and directives. Responses to vaccinations and understanding their efficacy, reinfection potential, and long-haul symptoms resulting from COVID-19 continue to baffle our scientific understanding. It appears the coronavirus will continue to…

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