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…
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…
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…
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…
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…
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.…
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…
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…
Upon the death of a loved one, their will specifies what property should be distributed and the person responsible for settling their estate. For many reasons, beneficiaries can feel slighted by what they did or didn’t receive, and some individuals…
During his lifetime, King was married to seven women and had five children. He died at age 87 on January 23, 2021, after contracting Covid and then succumbing to an infection. Immediately after his death, his estate went straight to…