How to Dispose of “Stuff” Article Written by: Stephen C. Hartnett, J.D., LL.M. (AAEPA) Even wealthy clients are often most concerned about the possessions which they have around them. They may have financial accounts with lots of zeros, yet they are most concerned about the things which they …
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“Last Will and Testament” Origin
“Last Will and Testament” Origin “Last Will and Testament” Origin - Have you ever wondered why the dispositive instrument in which you express your wishes is called a “Last Will and Testament?” Few people, including Estate Planning attorneys, know the reason. In fact, the history is a little muddy. …
The Secret Power of Trusts
The Secret Power of Trusts - You're ready to face the task of documenting how you will pass along your assets to your family and friends. But you're stuck: Should you use a trust or a will? Here are four considerations. Trusts avoid probate; wills don't. Probate is the legal process estates …
Putting Your House in a Trust
Putting Your House in a Trust - As a homeowner, you may have several reasons for putting your home into a trust. One of the most obvious is saving your loved ones from having to go through the probate process. That includes probate fees, which can be up to 3% of your home's value, depending on what …
Updating Your Plan: Your Trust or Will
Updating Your Plan: Your Trust or Will - As we approach the end of the year, it’s a good time to think about updating your plan. This includes your entire plan, including your primary vehicle, such as a trust or will. This is the second in a two-part series of articles on updating your plan. …
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