How a Private Trust Can Be Your Ally in Estate Planning?

Creating wealth is an art but preserving it smartly is even a bigger art. Very few people are capable of managing both simultaneously while they are alive. But transferring this wealth to next generation is even more challenging as it involves a web of complex legal formalities. Every family has a different interest but in most cases, there is an...

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How Does Divorce Affect Your Estate Plan? Why Hire Estate Planning Law Firm in this context?

A divorce doesn't only affect your present-day life. It also certainly impacts your plans for the future including your estate plan. If you prepared a will while you were married, you perhaps left money and possessions to your spouse. After divorce, you probably don't want your ex running the show or running off with your money. However, if you don't...

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How is Trust Better Than Will?

Wills and Trusts are the estate planning documents. These are the assets passed on to the beneficiaries at death. But, there are several advantages to using a Trust over a Will. Here are Few ways in which a Trust is better than a Will to Pass your Estate to your Beneficiaries: A Trust can be used to Avoid Probate. Probate...

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All about Living Trust You Need to Know

Living Trust is a written agreement describing someone responsible to manage your property. It is revocable because you can change or dissolve the trust at any time at your own discretion for any reason. Generally, a trust may involve three parties - the creator, the trustee or trustees who agree to manage your assets and the beneficiaries. A trustee will...

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