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Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

How to Name a Beneficiary

How to Name a Beneficiary

POSTED ON: August 15, 2024 BY: Troy Werner
Naming a beneficiary is a crucial step in estate planning. It promotes your wishes after you’re gone, streamlines inheritance, and spares your loved ones undue stress.
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Protect Your Elderly Parents from Financial Exploitation in Nursing Homes

Protect Your Elderly Parents from Financial Exploitation in Nursing Homes

POSTED ON: August 14, 2024 BY: Troy Werner
Preventing financial exploitation of nursing homes or other care facilities requires vigilance and proactive measures. Trusted third parties can help you monitor your elderly parent’s finances and guard against financial exploitation in nursing homes.
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Is Your Student Off to College? Make Sure These Legal Documents are Available

Is Your Student Off to College? Make Sure These Legal Documents are Available

POSTED ON: August 13, 2024 BY: Troy Werner
Ensure your college-bound child's safety and peace of mind with essential legal documents for college students. HIPAA waivers, powers of attorney, and other documents are indispensable.
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How to Financially Manage Family Caregiver Relationships with Elderly Parents

How to Financially Manage Family Caregiver Relationships with Elderly Parents

POSTED ON: August 12, 2024 BY: Troy Werner
Learn the steps to create financial agreements for family members with caregiving responsibilities for elderly loved ones to prevent misunderstandings and ensure fair contributions from all involved.
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Celebrity Estate Planning Mistakes to Avoid

Celebrity Estate Planning Mistakes to Avoid

POSTED ON: August 9, 2024 BY: Troy Werner
If you follow celebrity news, you can’t help but get a little education about estate planning—you could fill a whole textbook with their cautionary tales.
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Heirs’ Property and Potential Landowners Issues in Inheritance through Probate

Heirs’ Property and Potential Landowners Issues in Inheritance through Probate

POSTED ON: August 8, 2024 BY: Troy Werner
Heirs' property creates unique landowners issues that disproportionately impact African American communities. These problems include unclear titles, tax issues and vulnerability to partition sales.
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Do Single Childless People Need an Estate Plan?

Do Single Childless People Need an Estate Plan?

POSTED ON: August 7, 2024 BY: Troy Werner
When you’re single and have no children, estate planning looks a little different than for someone who’s married or has children.
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How Should Divorcing Couples Deal with Estate Planning?

How Should Divorcing Couples Deal with Estate Planning?

POSTED ON: August 6, 2024 BY: Troy Werner
Estate planning and divorce are intricate processes, each filled with legal nuances and detailed accounting (to say nothing of the emotions involved).
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Can You Use AI to Create a DIY Estate Plan?

Can You Use AI to Create a DIY Estate Plan?

POSTED ON: August 5, 2024 BY: Troy Werner
Generative artificial intelligence (AI) is changing the world. However, many overestimate its capabilities. Using AI to create a DIY estate plan might save time now, although time will expose its shortcomings.
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Your College Student Needs a Power of Attorney for Finance and Healthcare

Your College Student Needs a Power of Attorney for Finance and Healthcare

POSTED ON: August 2, 2024 BY: Troy Werner
For some students, next semester means starting college, which may include leaving home for the first time.
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