Wills: The Cornerstone Of Your Estate
Even if you’re young or your estate is modest, you should always have a legally valid and up-to-date will. This is especially important if you have minor children because, in many states, your will is the only legal way you can name a guardian for them.
Top 4 Questions To Understand Probate
If your estate is subject to probate, someone (usually a family member) begins the process by filing an application for the probate of your will. The application is known as a petition. The petitioner brings it to the probate court along with your will. Usually, the petitioner will file an application for the appointment of an executor at the same time.
What is a Trust?
There are many different reasons why you may want to use a trust. For example, you may want to: (1) avoid probate, (2) have professional management of your assets, (3) provide for your minor children, (4) avoid estate taxes, and (5) protect your assets from creditors.
5 Tools For Asset Protection In Estate Planning
You’re beginning to accumulate substantial wealth, but you worry about protecting it from future potential creditors. Whether your concern is for your personal assets or your business, various tools exist to keep your property safe from tax collectors, accident victims, health-care providers, credit card issuers, business creditors, and creditors of others.
Estate Planning: Protecting Your Assets
You’re beginning to accumulate substantial wealth, but you worry about protecting it from future potential creditors. To insulate your property from such claims, you’ll have to evaluate each tool in terms of your own situation.
Ways to Protect Your Assets with Estate Planning
As you begin to accumulate substantial wealth, you worry about protecting it from future potential creditors. Whether your concern is for your personal assets or your business, various tools exist to keep your property safe from tax collectors, accident victims, health-care providers, credit card issuers, business creditors, and creditors of others. To insulate your property […]
What You Need to Know About Trusts
Whether you seek to manage your own assets, control how your assets are distributed after your death, or plan for incapacity, trusts help you accomplish estate planning goals. Their power is in their versatility — many types of trusts exist, each designed for a specific purpose. Although trust law is complex and establishing a trust […]
Wealth Chat™ Video: Three Reasons Strittmatter Wealth is Different
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