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A Guide to Gun Trusts

A Guide to Gun Trusts

With a gun trust, individuals are able to own firearms in an entirely legal way, enabling them to share access to firearms while still adhering to the law. This approach is beneficial for those who own restricted firearms or firearms…

Plan Your Estate Using These Legal Documents

Plan Your Estate Using These Legal Documents

You can ensure your loved ones are cared for after your death by creating an estate plan. It requires organization and strategy and begins with five key legal documents that can address many areas of estate planning concerns. Proper estate…

A Hybrid Approach to Long-Term Care Insurance

A Hybrid Approach to Long-Term Care Insurance

There are astronomical costs associated with nursing home care if you become seriously ill or injured. You might also know that Medicare would cover only a minimal amount of those costs. Private insurance doesn’t seem like a good bet if…

An Overview of Revocable and Irrevocable Trusts

An Overview of Revocable and Irrevocable Trusts

In estate planning, there are two kinds of trusts: irrevocable and revocable. Each has benefits and drawbacks depending on your goals. However, both trusts are legal arrangements to manage and distribute your property during your lifetime or afterward. The creator…

The Effects of Divorce on Estate Planning

The Effects of Divorce on Estate Planning

There can be a lot of difficulties involved in a divorce. The experience is emotional and stressful. There are many factors to consider that may also change over time. For younger couples, children are likely a top concern. For older…

Benefits of Having a Will over Not Having One

Benefits of Having a Will over Not Having One

It’s uncomfortable to think about death, especially your own. Add to that the issue of what will happen to our assets after our deaths and it’s little wonder why so few people have created wills and other estate planning documents.…

An Overview of Health Care Estate Planning Documents

An Overview of Health Care Estate Planning Documents

Wills and trusts are usually associated with estate planning and passing assets to future generations. However, there is another part of estate planning that doesn’t get as much attention. It concerns advance health care planning. Have you thought about what…

In a Living Will, What Is Covered?

In a Living Will, What Is Covered?

The living will is a legal document that describes your medical preferences if you can’t make those decisions for yourself. Incapacity can happen for many reasons, including an accident, an illness rendering you too sick to communicate, dementia, anesthesia, a…

What to Expect During the Probate Process Without a Will

What to Expect During the Probate Process Without a Will

When your loved one dies without a will, known as intestate, what happens? According to your state’s intestacy laws, a probate court will oversee the distribution process of the decedent’s property. Also known as intestate succession, it has similarities to…

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