Learn how to put a house in trust, as this can be an innovative estate planning move. It offers benefits like avoiding probate, maintaining privacy, and potentially reducing estate taxes. However, the process involves several legal considerations and steps. This...
Trusts are a structured way to manage and distribute one’s assets. A trust protector is essential to keep the asset distribution in order. They also ensure they distribute the assets according to the trustor’s wishes. The longevity of a trust, often spanning decades...
A Power of Attorney (POA) is a public legal document allowing you to designate a trusted person to make decisions and act on your behalf in specified matters. Knowing the different types of power of attorney can be crucial for managing your affairs. It’s especially...
Leaving your loved ones with nothing is a challenging experience. Beneficiary designation is an essential yet often overlooked aspect of estate planning. Unlike wills, which go through probate, these designations allow you to specify who inherits certain assets...
Losing a loved one is a difficult time, and dealing with their estate can add extra stress. Fortunately, for small estates, there’s a simplified process called filing a small estate affidavit. It avoids the complexities of probate court, saving you time and...