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Why Do I Need a Trust?

Why Do I Need a Trust?

The estate and gift tax elements of the American Taxpayer Relief Act extended the favorable rules that were previously in place. The $5 million exemption,

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Choose Carefully When Choosing Your Successor Trustee

Choose Carefully When Choosing Your Successor Trustee

It’s smart to work with an estate planning attorney to set up a will or a trust. But it’s not so wise to put these

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Not to be Morbid, but You Should Be Preparing for the End of Your Life

Not to be Morbid, but You Should Be Preparing for the End of Your Life

Some of the basics we all need to have are a budget, a bank account, insurance and an estate plan. This last one shouldn’t be

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Do You Have a Powerful Power of Attorney?

Do You Have a Powerful Power of Attorney?

In some circumstances, no legal document is more critical than a power of attorney, and it’s one that is full of potential pitfalls.This form gives

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Are You Up for the Big Job of Being an Executor?

Are You Up for the Big Job of Being an Executor?

Being named an executor of a will is a big responsibility. However, most individuals selected know nothing about what they need to do in the

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Win-Win With Charitable Trusts

Win-Win With Charitable Trusts

If you have several substantial bequests to charities in your will, this Kiplinger's article asks if it would be better to see the charity use

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Special Needs Trusts Available to Everyone Who Needs One

Special Needs Trusts Available to Everyone Who Needs One

A child who suffers the onset of severe epilepsy and developmental regression may require lifelong special needs. This calls for a redrafting of a basic

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Hey, Do You Want to be Executor of My Estate?

Hey, Do You Want to be Executor of My Estate?

If you and your spouse have no children, are retired and have a sizable estate, MarketWatch asks whether it is okay to use an attorney

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Don’t Add to Your Family’s Stress If You Die Young

Don’t Add to Your Family’s Stress If You Die Young

Raising the topic of your own death with your parents, siblings, or partner may sound silly if you're in your 20s or 30s, particularly if

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Take Life’s Transitions Seriously

Take Life’s Transitions Seriously

Many folks take on estate and financial planning in a piecemeal manner. It's something they visit every now and then. Maybe they speak with an

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Persistent Problems with Powers of Attorney

Persistent Problems with Powers of Attorney

Your parents or other relatives signed a durable power of attorney, which lets you handle their finances in the event they become incapacitated.However, The New

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What’s the Big Deal about Writing a Will?

What’s the Big Deal about Writing a Will?

CNBC’s article, "Prince or pauper, young or old, here's why you still need a will," lists the top three reasons why it's vital to write

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