Author - mahfoodlaw
12Mar

Important Issues to Address While Planning Your Estate

Although it can be very unpleasant to think about, it is important to prepare for your eventual passing by preparing your will and living trust. You may be tempted to think that you have everything figured out once those documents are put in place, but there are actually many other things that you should address with your family, close friends, and lawyer. This will make the process of handling your estate much easier. This may be a very difficult conversation...

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08Mar

What Not To Include in Your Will

When putting together your will, it is important to make sure you include all of the big, important things, such as dividing your property and naming a guardian for your children. However, there are certain things you shouldn’t or do not need to put in a will that you may not have considered. Before you finalize your will, here are some items that you should not include. Property you have already put in a living trust - Many people choose...

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05Mar

What is a Pour-Over Will and How Does it Relate to Your Living Trust

If you are looking into creating a will or living trust, you likely have heard of the concept of a pour over will. Pour over wills are designed to make it easier for you to leave assets to your family without having to deal with too many legal inconveniences. However, many people don’t realize that they actually might be a good candidate for a pour-over will because they aren’t familiar of the intricacies that come along with these types...

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01Mar

How to Avoid Family Arguments Regarding Your Will

It’s always a very stressful situation when a family member passes away. The normal stress and grief that comes with losing someone who you were close to can be compounded with the stress of distributing that person’s assets and determining who will receive which pieces of property. If you come from a big family, or the deceased family member was quite wealthy, this can often result in arguments over who deserves what or the fairness of splitting finances. While...

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22Feb

What is Living Probate?

If you are worried about your family struggling with probate proceedings after your passing, see if your state offers a living probate option. This will allow you to have your will verified by the court while you are still alive, which has many benefits. Although this option is not offered everywhere, it can be an incredibly helpful estate planning tool for you to use if it is. What is traditional probate and why should I avoid it? One of the most...

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