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Understanding Powers of Attorney

A Power of Attorney (POA) document should be part of your estate planning process. All states recognize powers of attorney, but rules and requirements will differ from state to state. The document gives one or more individuals the legal authority…

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When is Probate Is Needed?

Even though probate sounds complex and expensive, it is a standard legal procedure that outlines how assets are transferred from deceased individuals to their chosen beneficiaries. Even though probate sounds complex and expensive, it is a standard legal procedure that…

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Planning the Estate of a Surviving Spouse

It is difficult to think about anything beyond your grief after losing a spouse or long-time partner. However, it is crucial to understand there are important and timely decisions you need to make regarding your finances and personal estate plan.…

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What to Do if You Inherit a Timeshare

In a resort where parents purchased a timeshare, a resort agent suggested they sign a deed transferring the share to their children in order for them to continue to enjoy the timeshare after their parents passed. It seemed like a…

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Taking Care of an Estate Without a Will

Despite the COVID-19 pandemic, caring.com reports that overall, older Americans without wills remain the same. Remarkably, younger adults with a will show an increase of sixty-three percent comparative to pre-pandemic times. This 18 – 34 year old demographic is now…

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