Posts tagged with "death"
Estate Planning · January 16, 2023
You need a plan for your assets, like retirement or passing your wealth to loved ones. But where do you start? With a revocable living Trust or an irrevocable Trust? Both have positives and negatives that can affect your financial future. Understanding the benefits and disadvantages of each type of trust is essential before deciding which suits you. Use this guide to help you determine if a revocable living trust or an irrevocable trust is suitable for your family. Read more...
Estate Planning · November 14, 2022
If you've read the previous two articles, you already know how to secure your accounts. Security, on the other hand, is a journey, not a destination. Are you aware that your social media accounts, online banking information, and personal communications can be sold to the highest bidder? Because of this, you should create a digital estate plan for yourself. Part 3 of this article will show you how to create a digital estate plan to protect your loved ones. Here's how it's done...
Estate Planning · November 07, 2022
Part one of this series covered Facebook and Google's processes to manage your digital accounts after death. In part two, we'll continue our discussion by looking at how Instagram, Twitter, and Apple's online platforms handle your accounts after you log out for the last time. Read more here...
Estate Planning · October 31, 2022
You're worried about your partner, family members, and friends dealing with your digital accounts after you die. You think about your email inbox exploding, messages flying between the team you've worked so hard to build, having to deal with your own data. . . It's stressful. How do you start planning for your digital afterlife? Read more here...
Estate Planning · October 24, 2022
One of the most frequent inquiries we receive is regarding the function of trusts in reducing tax obligations. We're here to inform you of the tax implications connected with various forms of trusts, given the demand for knowledge about the importance of trusts on taxes. If you want to understand how taxes, trusts, and estate planning interact, this article is for you. More information is available by clicking the link.
Business · October 21, 2022
When it comes to estate planning, most people think of a will. There is nothing wrong with it, yet, a will is far from the best solution. This is because, upon your death, all of your assets are subject to the judicial process known as probate. And probate implies more money, more time, and a higher level of complexity. We know you don't want that. Do you? Click here if you want to learn more.
Estate Planning · October 19, 2022
Estate planning is a continuous activity, not a one-time event. You probably already know how vital it is to make an estate plan, but you might not realize how crucial it is to keep that plan up to date. If you want your plan to succeed and keep your family out of court and out of conflict, you need to update it immediately in response to frequent life occurrences. No matter who you are, your life will change: families change, assets change, laws change, and ambitions change. This article will o
Estate Planning · October 12, 2022
It is never easy to think of your passing, even harder considering that even death has a price. The average funeral cost is between $7,000 and $12,000, rising yearly. Yes! You made a bequest in your will to pay for funeral expenses. However, the money is not readily accessible because of the probate court procedure. Imagine your loved ones experiencing both grief and financial hardships. The best course of action is through us, your Personal Family Lawyer®. Allow me to demonstrate the five most.
Business · October 07, 2022
The most crucial time of the year for tax planning comes as 2022 is closing. When you first realize that taxes are your most considerable personal and business expense, Trust us, we know it can be stressful. Seeing so much of your hard-earned money wind up in the hands of the government could feel like a heist. But just a tiny amount of purposeful effort to reduce your taxes might significantly impact you. With all these in mind, we have a two-part article that will teach you strategies that fee
Estate Planning · September 16, 2022
Know that no matter how poor or rich your parents are, they must have an estate plan in place because their affairs will affect you and become your responsibility if they become incapacitated or die. Their estate plan ensures that their assets will be distributed to their heirs according to their personal wishes, no matter how much or how little they can be. If you do not know whether or not your parents have an estate plan in place that will help you best support them, read on!