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What Happens if my Estate Is the Beneficiary of my Assets?

A retirement plan, such as an IRA, should be incorporated into your estate planning by using beneficiary designation forms. Assets like IRAs with beneficiary designations often transfer outside of the traditional probate process. However, the situation surrounding transfer of such an asset may become complicated without a proper beneficiary designation, or if your Estate has …

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Can You Protect Your Assets from a Lawsuit or Creditors?

  There are several different measures you can take to help keep your assets safe but these are not any undertakings that you should work on by yourself. In fact, hiring a knowledgeable estate planning attorney can be the first and perhaps the most important step in protecting your assets. Asset protection planning is something …

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What Does It Mean to Give Full Authority in a Financial Power of Attorney?

A financial power of attorney document gives you peace of mind and confidence that another person you select as your Agent will be able to make financial and legal decisions on your behalf if you become incapacitated and are unable to do so. By creating a financial power of attorney, you are giving another person …

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Study Shows Long Term Care Has Been Seriously Impacted by Coronavirus Pandemic

Have you had conversations with your loved ones and your estate planning professionals about the need for a “long-term care” plan? A long-term care plan incorporates your specific intentions and goals regarding what will happen in the event that you need support, due to medical issues, beyond what your family members can provide. A recent …

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