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What Happens When a Beneficiary Passes Away Before Receiving an Inheritance?

POSTED ON: February 17, 2025 BY: April

Estate planning is meant to ensure assets are passed on according to the wishes of the deceased. But what happens if a beneficiary dies before they can receive their inheritance? The outcome depends on the terms of the will or trust, whether a contingent beneficiary is named, and the probate laws in the relevant state. […]

Estate Planning

Estate Planning for Independent Seniors: Protecting Your Future

POSTED ON: February 14, 2025 BY: April

Aging independently offers freedom and control over your life, but without proper planning, it can also leave you vulnerable. Many solo agers rely on close friends, extended family, or professionals for support, but these informal arrangements aren’t legally recognized unless they’re documented. A recent article in The National Law Journal highlights the importance of estate […]

Estate Planning

Protecting Unmarried Partners: Why Estate Planning is a Must

POSTED ON: February 13, 2025 BY: April

Many couples spend their lives together without ever making their relationship legally official. Unfortunately, without proper estate planning, this can lead to devastating consequences if one partner becomes ill or passes away. A recent article in The Parkersburg News and Sentinel shared the heartbreaking story of Bill and Denise, an unmarried couple who spent 30 […]

Estate Planning

Inheriting Debt: Managing a Loved One’s Financial Obligations

POSTED ON: February 12, 2025 BY: Troy Werner

When a loved one passes away, their debts don’t simply disappear. Instead, they become part of the estate administration process. The thought of inheriting debt can be overwhelming, but in most cases, heirs are not personally responsible. Understanding how debts are handled in probate can help protect your financial future and ensure a smooth estate […]

Estate Planning

Estate Planning Actions for 2025: What You Need to Know

POSTED ON: February 11, 2025 BY: April

With key legal and economic changes on the horizon, 2025 is the year to ensure your estate plan is up to date and ready for any developments. As outlined in Forbes’ article, “The 2025 Theme for Estate Planning: Be Prepared,” several major factors could impact estate planning strategies. Here’s what you should consider: 1. Corporate […]

Estate Planning

Understanding the Differences Between a Living Will and a Last Will and Testament

POSTED ON: February 6, 2025 BY: April

Estate planning is essential for protecting yourself and your loved ones, ensuring that your wishes are honored both during your lifetime and after you pass away. However, the similar names of a Last Will and Testament and a Living Will often lead to confusion. While both are key estate planning documents, they serve entirely different […]

Estate Planning | Probate

Preserving Your Family Business: Estate Planning Strategies for Long-Term Success

POSTED ON: February 5, 2025 BY: April

Preserving Your Family Business: Estate Planning Strategies for Long-Term Success Running a family business is more than just day-to-day operations—it’s about building a lasting legacy. However, without proper estate planning, even the most successful businesses can face challenges when transitioning to the next generation. By developing a clear succession plan, establishing governance structures, and implementing […]

Estate Planning

Start the New Year Right: Essential Estate Planning Updates for 2025

POSTED ON: February 4, 2025 BY: April

As 2025 begins, many people are setting goals to improve their lives—whether it’s prioritizing health, finances, or personal growth. One important resolution that should not be overlooked is estate planning. If you’ve been putting it off or need to update an existing plan, now is the perfect time to take action. Reviewing and Updating Your […]

Estate Planning | Probate

Protecting Your Child’s Future: Estate Planning for a Loved One with Addiction

POSTED ON: February 3, 2025 BY: April

When a child struggles with addiction, structuring their inheritance requires careful planning to provide financial support while minimizing potential risks. Without safeguards in place, an inheritance could be quickly depleted, enabling destructive behaviors and leading to financial instability. Thoughtful estate planning can help parents ensure that their legacy is used constructively, offering long-term security without […]

Estate Planning

Out-of-State Property Management

POSTED ON: January 31, 2025 BY: April

When someone passes away owning real estate in more than one state, the probate process becomes more complex. In addition to handling probate in the state where the person lived, a separate legal process, known as ancillary probate, may be required for properties located in other states. This additional step can create delays, increase costs, […]

Estate Planning

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