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One aspect many people overlook when dealing with estate planning and estate administration is the ongoing impact creative assets can hold. Whether you have a tiny royalty interest in an anthology or a major collection of song-writing credits, if you are a creative,...
Despite what you might read online, you can't always avoid probate processes completely. You can, however, mitigate the negative issues related to probate with well-thought-out estate planning. Here's a look at some of the issues you can avoid by working with an...
Setting up a charitable remainder trust lets you help a charity that you want to support while also helping yourself during this life. It also lets you pave the way for a legacy upon your death. Many of the personal benefits of a charitable remainder trust relate to...
When you begin estate planning, one of the first things you might do is work with a professional to create a will. A will is a critical component to estate administration, especially if have anything to pass on to others when you die. To be effective, though, your...
Part of estate planning is ensuring you are leaving enough assets behind to cover your obligations. You probably don't want to leave your heirs with debts or other financial woes, and if you have minor children, you probably want to ensure they are taken care of if...
A forensic document analysis is an examination performed by an expert that can help determine the validity of a document. Forensic professionals apply many tools and processes to help determine whether a contract or other legal document is valid, and they can help...
When we mention guardianships, most people know immediately that we are talking about a person who is not a parent taking charge of a minor or dependent to provide care or assistance. What many people don't realize is that this type of legal relationship also exists...
Many times, trusts are administered by professionals who are used to the task, but there are also cases when a family member or other trusted individual is placed in charge of a trust. This is especially common if a trust was set up to help ensure that a minor child...
If your estate ends up in probate litigation, you won't be around to be stressed by the events. Your loved ones, including your children or other direct heirs, could be stressed or negatively impacted by estate litigation, though. That's one reason many people take...
Prince's estate has been in the news ever since the musician passed away earlier this year. While it's not unusual for a celebrity's estate to make headlines, particularly as heirs battle over various assets, Prince's estate makes the news for other reasons. First,...