Probate may sound complex and expensive, but it is a standard legal process that formalizes the transfer of assets from a deceased person to their beneficiaries. Whether or not you require probate depends on the type of property and how…
Incapacity due to trauma or disease is something nobody wants to think about. People experience this every day, unfortunately. With this knowledge, many people like to prepare in advance for the kind of treatment they want in the event of…
A steady path can over time make you a self-made millionaire if you are part of the millennial generation or younger. It does not require a unique set of skills, specialized knowledge, or even excessive risks. Americans who achieve millionaire…
After you pass away, a letter of intent (LOI) for your special needs child can provide comfort and continuity for them. As a parent, the most valuable asset your child has is you and your ability to care for them.…
The manner in which a home and other types of real property are titled deserves careful consideration. Real estate constitutes the land and any structure, including vegetation, livestock, crops, and other natural resources that sit on the land under the…
In the event that you are no longer able to manage your financial affairs, who should you trust to make decisions for your financial well-being? A power of attorney (POA), otherwise known as an agent to your principal, has the…
When it comes to wealth, many parents are uncomfortable discussing it with their children. There is a taboo attached to discussing money or property. Asking someone else about what they have is often considered impolite. But failing to talk to…
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…
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…
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…