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Making An Estate Plan During The Pandemic
The ongoing coronavirus pandemic is certainly depressing. However, you can ease this negative situation by establishing an estate plan. Even those who have an estate plan in place should meet with an estate planning attorney to review and update the details of your will, trust and other components of your estate plan. Making an estate plan is in your interest as it empowers you to rest easy knowing your assets are distributed exactly as you desire in the event that you become...
Contesting A Will? Learn How
Probate proceedings are known to take some time. One thing that can greatly extend the process is by contesting a will. If you’ve recently lost a loved one, and have reason to disagree with the will, what can you do? How can you contest a will? The Qualifications It is not easy to contest a will. In order for you to be able to contest the will, you have to meet one or more requirements. What are these qualifications? Prove Lack of Testamentary Capacity - Testamentary capacity means that...
5 Estate Planning Mistakes To Avoid
Estate planning is a necessary part of getting older, especially if you wish to protect your family. It’s also very complex and can lead to a lot of confusion. Just like any legal matter, it requires a trained professional to ensure your assets and loved ones are taken care of. If you decide to go at it alone, expect to make some mistakes along the way. Discover 5 estate planning mistakes people make, from an experienced estate planning attorney. Estate Planning Mistakes #1 Creating A...
Probate Litigation – How to Handle a Contentious Probate Case
Losing a loved one is life’s most challenging obstacle. Knowing that you will never get to see that person is devastating and the stress of handling their assets afterward can be overwhelming. When the division of property turns into contentious probate cases many people do not know the best course of action and wonder if it is worth the fight. Fighting for the last wishes of a deceased person is honorable, not something to be ashamed of. If you anticipate arduous probate litigation, it is...
Filing Bankruptcy: Is It Right For You?
Bankruptcy has a bad reputation for negatively affecting your credit and liquidating assets. However, filing bankruptcy allows individuals and businesses to gain a fresh start on a path towards financial freedom from debt. There are many different types of bankruptcy, and it isn’t the right choice for everyone. If you’re considering bankruptcy, you need to weigh all of your options first. How can you tell if filing bankruptcy is right for you? Alternatives to Filing Bankruptcy Bankruptcy...
