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Things You Need to Know as a Living Trust Executor

Things You Need to Know as a Living Trust Executor

Being named as an executor (also known as a successor trustee) in someone’s revocable living trust document can be considered a great honor. But with that honor comes responsibility. Whether you were appointed to this role due to someone’s death or incapacity, we are...

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Why Unmarried Partners Should Care about Estate Planning

Why Unmarried Partners Should Care about Estate Planning

According to a 2019 survey conducted by the Pew Research Center, 7 percent of surveyed adults were living with an unmarried partner, up from 3 percent in 1995.[1] More people such as yourself are entering long-term committed relationships without getting married....

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Tips for Divvying Up Personal Property

Tips for Divvying Up Personal Property

We collect stuff throughout our lives. This “stuff” is known as our personal property. Some items are valuable, like jewelry, baseball cards, and works of art. Other items are sentimental, like grandma’s tea set, old christmas ornaments, and photographs. Regardless of...

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Who Should I Choose to Be Successor Trustee of My Trust?

Who Should I Choose to Be Successor Trustee of My Trust?

When you create a living trust, you must name a successor trustee to take over for you if you are unable to act due to incapacity or your passing. It is crucial that this decision be given careful consideration and that the right person be selected for the job. Role...

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Why is this Probate Taking so Long?

Why is this Probate Taking so Long?

After a loved one passes away, their money and property must be distributed to the right people, either according to their will or the state’s default distribution scheme (found in its “intestacy” statute). While most people want the settlement process to be done...

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3 Simple Ways to Avoid Probate Costs

3 Simple Ways to Avoid Probate Costs

The bad news: When a deceased person’s estate (all of their money and property) has to go through probate (the court-supervised process of distributing a deceased person’s money and property), it can be subject to a variety of costs stemming from attorneys, executors,...

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