Posts tagged with "revocable living trust"



Estate Planning · January 09, 2023
Why Every Adult Needs A Living Will
One of the hardest things in life is to be able to plan for any situation. Our lives are mostly in order, but there is always that possibility that we might not have time to arrange things and decide once we are gone. Find out what the law says about the importance of a living will and how it can help you leave your estate to your loved ones after you die and keep them from dealing with legal issues. Read more...
Estate Planning · January 02, 2023
Creditors And Your Estate Plan
Your family and loved ones are much more important than your money, yet you want to avoid leaving them in debt. If you have purchased assets (such as a home) using borrowed funds, the debt will continue to exist even after your death. Creditors and debt collectors may attempt to collect from you before they know your circumstances. To see how preparing for the future may prepare you for a smoother transition and more peace of mind, continue reading...
Estate Planning · December 26, 2022
3 Essential Questions To Ask Before Creating Your Will Online
Wills are essential to estate planning, but how can you determine whether it makes sense to draft one online? The answer is dependent on numerous factors. In general, if you want a will that's legally legitimate in your state and free of errors, you should consult an attorney. However, online wills may be viable if you don't mind certain constraints or potential complications down the road. To assist you in making this decision, read more here...
Estate Planning · December 19, 2022
Green Funerals: 6 Eco-Friendly Options For Your Remains
It can be difficult for anyone to decide where to lay their loved ones to rest. There’s a lot to consider between cost, location, and style of interment – so much that you might end up putting off the decision. This is a big decision that shouldn’t need putting off. So how do you combat the fear? Well, one option you could try is having a green funeral. In this article, we’ll discuss what it means and explore six different options for environmentally friendly services. Learn more here..
Business · July 26, 2022
What Happens To Your Business When You Get Sick Or Die? 4 Fundamentals To Know
If you dream of leaving your company to your family one day, but you haven’t properly included your business in your estate plan, that dream could become a nightmare for your heirs—and your partners, team members, and clients, too. Without a proper estate plan, the business you worked so hard to build could be in serious jeopardy when something happens to you.
Estate Planning · April 01, 2022
Protect Your Children's Inheritance With A Lifetime Asset Protection Trust
As a parent, you're likely hoping to leave your children an inheritance, and doing so maybe one of the primary factors motivating your life's work. But without taking the proper precautions, the wealth you pass on is at serious risk of being accidentally lost or squandered due to common life events, such as divorce, serious debt, devastating illness, and unfortunate accidents.
Estate Planning · February 11, 2022
4 Reasons Why Estate Planning Is So Essential For Business Owners
It's easy to prioritize other business matters over estate planning when you're running a business. But, in reality, one of your most pressing responsibilities is to consider what would happen to your business if you became incapacitated or died. Although estate planning and business planning may be two distinct tasks, they're inevitably linked. And, because your company is likely your family's most valuable asset, estate planning is critical not only for your company, but also for your family.
Estate Planning · December 31, 2021
One of The Greatest Gifts To Your Family Is The Plan For Incapacity
Most people immediately think of taking legal steps to ensure the right people inherit their stuff when they die. Although that thought is not wrong, it also highlights the importance of planning for life. Planning that’s focused solely on who gets what when you die is ignoring that death isn’t the only thing you must prepare for. Consider that at some point before your eventual death, you could be incapacitated, which can drag out over many years, leaving you and your family in agonizing limbo.
Estate Planning · December 10, 2021
Why Putting Your Family Home In A Trust Is A Smart Move—Part 1
If you're like many homeowners, your home is likely your family's most valuable and treasured asset. In light of this, you want to plan wisely to ensure your home will pass to your heirs in the most efficient and safe manner possible when you die or in the event you become incapacitated. That's why it's a much responsible way to include your home into your estate plan. But before you do that, make sure to identify the best estate planning strategies when passing your home to your loved ones.
Estate Planning · November 19, 2021
10 Things You Should Know About Living Wills
You've most likely heard people mention a couple of different types of wills when it comes to estate planning, and the most common is a "last will and testament," or known as a "will." But you may have also heard people talk about what's called a "living will." Both terms describe important legal documents, but their purpose and how they work are very different. We'll discuss some of the most critical things you should know about living wills and why it's essential in every adult's estate plan.

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