What Is Trust Administration?
Naming a trustee is not a decision you can take lightly. Trust administration entails plenty of responsibilities. It is not a job you can leave
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Who Keeps the Original Copy of a Will?
Your last will and testament indicates how you want the assets in your estate distributed following your passing. It should include important details such as
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Who Needs a Revocable Trust?
Proper estate planning involves evaluating all the tools available at your disposal. Inevitably, you will need to consider how useful a revocable trust could be
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New York Intestate Succession Laws
Intestate succession can be a thorny subject because the people involved are typically still grieving while trying to sort through a complicated situation. Unfortunately, once
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What Is a Beneficiary?
What is a beneficiary? That is a question you must know the answer to if you are planning your estate. Failing to come up with
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How Does a Trust Work for Inheritance?
Different tools, such as wills, powers of attorney, and trusts, are commonly used for estate planning. However, there is one more estate planning tool, known
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Do Trusts Pay Tax?
People set up trusts to preserve their assets and ensure their easy transfer to the designated beneficiaries. For example, you can create a trust in
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The Difference Between Guardianship and Power of Attorney
None of us want to think about our parents becoming incapable of caring for themselves. Sadly, that is a distinct possibility for many families, and
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