Who Inherits if There is No Beneficiary in Place? If a person passes away without a valid estate plan, then their assets must first pass through probate before they can be transferred to the people who will inherit them. When ...
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Category: Probate
How to Avoid Probate: FAQs
After someone passes, their estate must usually go through the probate process, so that assets can be distributed and debts can be paid off according to the wishes of the deceased. The probate process can be time-consuming, co...
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Don’t Think You’re Wealthy? You Still Need an Estate Plan.
If you don’t have an estate plan in place, have you ever stopped to ask yourself why? If you’re one of the millions of Americans who think an estate plan is only useful if you’re wealthy, you’ve unfortunately fallen f...
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What Is the Difference between a Will & a Trust?
If you’re thinking about the future and want to put the best possible plan in place to protect your loved ones, it’s crucial to understand the differences between a will and a trust. In short, a trust allows for more flexib...
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Avoid These Common Misunderstandings About Wills and Trusts
If you are updating or putting together an estate plan for the first time, there are a few popular misunderstandings about wills and trusts that you must take care to avoid: “Having a will is enough to avoid probate.” In f...
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