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Showing posts with the label wills and trusts

Protect Your Loved Ones From The IRS: Estate Planning

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Protect your family from financial hardship with an estate plan. In today's world, so much of our time and energy is focused on "the now," that we often don't think about the future, nor do we want to. Although it may be easier to avoid the inevitable consequences of a family death in the short term, it will be more difficult for your loved ones to face adversity without a legally-recognized plan. The following advice will help you craft a preparation plan: Protect Your Assets With a Will Although we would all love to believe that we automatically have the legal right to our family's inheritance after death, the government will not recognize this as truth unless the testator (the will-maker) signs permission. When you sign a will, you assure that your assets will be distributed as you wish and will not be seized by the government. This is especially important if you plan to grant your family access to essential possessions like your home. Appoint a P...

What is a Civil Litigation Case?

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About A Civil Litigation   Have you ever been in a situation where you probably should have been involved in the justice system? The most common types of cases we see are civil litigation cases. These typically involve two parties who have a legal dispute with one another. Either two or all of the parties involved will be seeking some kind of monetary compensation for whatever action has been disputed.  As the name civil litigation points out, these cases attempt to solve civil matters. This can include marriages, property, or contract disputes; however, several other civil disputes can be classified under a civil litigation case.  One can reasonably assume that every civil case is different and unique to their situation. However, one thing is the same as the steps taken to take this case to court. First, you will meet with an attorney and discuss the details of your dispute, and they will help you determine whether or not the case should go through. As you move forward, ...

Plan Ahead For Your Families Sake.

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 Wills and Trusts: The Importance of Them. Wills and trusts are way more important than you may think. They are the voice for you from beyond this earth. Not only this, it helps those who have already suffered a loss be protected from losing more.  A will is a legal testament that states what you want to be done with your property, possessions, and estate when you pass away. It is essentially your voice to your family, telling them what you would want to be done with your things when they find themselves at a loss. Some wills, unfortunately, designate a guardian to your children if you happen to leave a family behind. Further, a will distributes your things among your family. In these, you have the opportunity to donate particular possessions or even write in to donate what money you left behind. Without leaving this important document behind, the bank, the state you reside in, or the local court will decide for you, which may go entirely against your wishes for your things....