There comes a point in every person's life where it is appropriate and prudent to begin planning for the post death division of property and assets. It is necessary to anticipate and plan for the qua...
Most of us don't like to think about estate planning. It seems morbid to think about our demise, so we sweep it under the rug and don't prepare ourselves and our families for the worst. However, witho...
A Family Limited Partnership (FLP) is a powerful tool that you can use in estate planning. An FLP can protect you from outlandish lawsuits, liability claims that are false in nature and general litiga...
Consider this scenario: Both you and your spouse are young with two small children. You don't make much; in fact, you might be just scraping by.You might have a small savings account -- very small. ...
Selecting an executor or trustee is often the last consideration when preparing an estate plan. When planning out a will or trust, it seems so much more important and interesting to decide how the pr...
English common law understood that agents were sometimes needed in business and commerce. The president of Ford Motor Company, obviously, cannot be everywhere. He needs agents to conduct business. ...
Whenever a person dies and leaves behind debt creditors, the administrator or executor of that person's estate faces certain challenges in quickly selling real and personal property in order to satisf...
The home is one of the biggest assets you are allowed to own and still qualify for Medicaid coverage of your nursing home bills. Under recent federal law effective Jan. 1, 2006, the equity in your hom...
Whatever the reason it may be you can seek a personal loan to finance your desires whether you are planning to equip your house with sophisticated furniture or thinking of buying any property or wan...
The legal process of the distributing of the estate of a deceased individual is known as probate. Probate is often a time-consuming and confusing process for those who are involved. Most people lack a...