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The Basics of Estate Planning

The Basics of Estate Planning

Planning an estate involves creating a number of documents that outline an individual’s wishes. During the process, you can name people to make financial decisions on your behalf when you are unable. You can designate beneficiaries for your assets. You…

Exactly What Situations Are Covered by a Living Will?

Exactly What Situations Are Covered by a Living Will?

The living will is a legal document that describes your medical preferences if you can’t make those decisions for yourself. Incapacity can happen for many reasons, including an accident, an illness rendering you too sick to communicate, dementia, anesthesia, a…

Understanding Taxes on Special Needs Trusts

Understanding Taxes on Special Needs Trusts

Special needs trusts are often established and funded by families caring for someone with special needs. It can provide peace of mind to improve a family member’s future quality of life without jeopardizing their eligibility for government benefits. However, families…

The Tragic Legacy of Larry King

The Tragic Legacy of Larry King

Larry King had seven wives and five children during his legendary talk show career. He died at age 87 on January 23, 2021, after contracting Covid and then succumbing to an infection. Immediately after his death, his estate went straight…

Elder Law Attorney: What Do They Do?

Elder Law Attorney: What Do They Do?

Elder law deals with legal issues affecting older or disabled people. Attorneys who practice elder law advocate for and create legal plans to assist seniors, and their loved ones, in living better lives. Elder law may include planning for retirement,…

A Guide to the Probate Process

A Guide to the Probate Process

During probate, the will of a deceased individual is authenticated, assets are reviewed, debts are paid, taxes are collected, and assets are distributed to heirs. Legally, probate is the process of authenticating the will of a deceased person, reviewing their…

Do All Your Children Deserve the Same Inheritance?

Do All Your Children Deserve the Same Inheritance?

There are many situations where it makes perfect sense to divide assets equally among children. Yet, in some families, each child receiving the same inheritance can be inappropriate, deplete the estate’s assets due to ensuing litigation, or cause other family…

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