In today’s digital age, many people have a library of digital assets that may include items such as books, music, and movies. One of the perceived benefits of owning these digital items is having a convenient way to access your favorite media indefinitely with just a few mouse clicks.
Starting a new job is an exciting new chapter in your life. Depending on your company’s onboarding process, there can be a lot of moving parts.
Creating a comprehensive plan for your future involves numerous different and critical elements. Working with a lawyer to create an estate plan, with its various documents, provisions, and pages, is comparable to hiring a plumber to fix a complicated problem.
Traditionally, the three roles that must be filled when setting up a trust are the settlor (also called a grantor, trustor, or trustmaker), the trustee, and the beneficiary. All three roles are necessary to create a trust that functions properly.
In the world of estate planning, terms that refer to legal documents such as wills, trusts, powers of attorney, and healthcare directives can be confusing and even overwhelming at times. What is a will, and how does it differ from a trust?
A detailed inventory of all of your accounts and property is crucial for helping your loved ones manage your legal and financial affairs effectively.
When you are handling a deceased loved one’s final affairs, you must consider the chance that your loved one owned one or more firearms at the time of death.
After the death of a loved one, such as a parent, there are a variety of tasks that must be handled to wrap up your loved one’s final affairs. Selling your deceased loved one’s real estate is one of the more daunting ones.
The chances of a married couple dying in a common accident or within a very short time of one another are probably quite slim. However, it does happen.
It’s All in the Family: Understanding Common Legal Terms That Describe Loved Ones in Estate Planning
Many do-it-yourself estate and trust documents do not accurately define and distinguish the different groups, and if you are not aware of the distinctions, you may believe that you are protecting someone when you are not.