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Estate Planning Blog

Can I Avoid Probate?

If you don’t have a will and an estate plan, probate is an after-you’ve-gone legal struggle. It could last months, if not years, in a battle over what you intended your family (or friends) to have: your estate!
06/27/22
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Responsibilities of a Personal Representative

If a loved one asks you to be the executor of their estate, think carefully before you take on this responsibility. While you have the option of declining the request, the person reaching out likely considers you to be responsible and detail oriented. An executor of an estate typically helps file paperwork, close accounts and distribute the assets of the deceased.
06/03/22
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How Do I Talk to My Parents About Estate Planning?

If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. But because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off — and even more pleasing to avoid them altogether. If there’s a lesson to be learned from the pandemic, however, it’s that waiting until the last minute to prepare is seldom a good idea.
05/18/22
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When Should Estate Assets Be Distributed?

Many estate executors focus on estate taxes and forget about income taxes. That can be an expensive mistake.
05/06/22
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What Happens when a Bitcoin Holder Dies?

In today’s digital era, the departed will be survived by their electronic footprints, such as iPhone photo albums, Spotify playlists—and cryptocurrency wallets.
04/27/22
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The Difference between Probate and Non-Probate Assets

Non-probate assets are those assets which do not go into an estate when the owner dies.
03/18/22
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Is Probate Necessary?

The law requires probate for a good reason. If a person dies, probate ensures that the property goes to the people who are supposed to inherit it.
03/07/22
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How to File Tax Returns When Mom Passes Away

No one likes doing taxes, but the task is even more daunting when filing a return for someone who has died.
03/04/22
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Letters of Instruction for Loved Ones

Executors can use additional information in administering estates, especially if the executor is unrelated to the decedent.
02/24/22
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Will I Live Longer, if I Babysit the Grandchildren?

Looking for an extra incentive to spend some quality time with your grandchildren? Try telling their parents that it could extend your life.
07/13/21
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