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Estate planning is important for adults because it gives them the power to decide who is going to get which assets once the creator passes away. There are many components that people can utilize when they’re creating their estate plan. One of these is a trust. Trusts...
During the estate planning process, it is important to have someone in charge of managing and executing your wishes regarding both physical and digital assets. For a digital estate plan, this responsibility often falls to a digital fiduciary—a trusted individual or...
Real estate construction projects, ranging from erecting brand-new buildings to remodeling projects, require investment and create a degree of risk. Property owners must hire professionals to complete the project. The funds that they deposit toward the cost of the...
Foreclosure is a homeowner's worst nightmare. Until they pay off their mortgage, the home that they purchased is vulnerable. It serves as the collateral property for the loan. If they do not make all of their payments on time, the lender may eventually try to lay...
Buying a new home is an exciting yet daunting journey. Many buyers focus on finding the perfect property with the right layout, location and price. However, one critical factor that often slips under the radar is the neighborhood. A beautiful house with bad neighbors...
When drafting an estate plan, many people assume that their most expensive assets will be the most complex. They’ll put a lot of time into figuring out what to do with their investment accounts, life insurance policies and real estate. But the reality is that...
When business partnerships work well, they can be a huge benefit to everybody involved. When business partners have a falling out, however, the end results can be disastrous both personally and professionally. A dispute between you and your business partner can...
Imagine you’ve finally found the perfect home: a charming property with a great backyard, just the right amount of space and located in your dream neighborhood. The excitement can be overwhelming, but before you commit to the deal and sign the contract, it’s important...
An estate plan helps people establish a legacy after they die. Some estate plans consist of just a will. Others may involve multiple different documents that address both the possibility of dying and the potential of an incapacitating medical event like a stroke. Many...
You’ve no doubt noticed how quickly time flies. Between work, home and kids’ activities, it seems you barely have time to breathe. You’ve also likely noticed your parents are aging. Furthermore, you also realize you don’t know if they have an estate plan. Common...
