Estate planning is a complex process that requires a careful review of an individual’s personal circumstances. Testators planning their estates need to decide what should happen with their property and also who should provide support for their closest family members....
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Year: 2024
Shielding your LLC: 5 ways an operating agreement can help
Every person who owns a limited liability company (LLC) dreams of long-term success. But have you secured a sturdy foundation for your company? An often-overlooked yet advantageous step is crafting a solid business operating agreement. While not a legal requirement in...
Choosing the right agent for powers of attorney
Power of attorney documents are among the most valuable inclusions in modern estate plans. Someone's power of attorney paperwork can protect them from receiving inappropriate medical care given their personal wishes. Their documents can also protect them against...
Reasons debtors may fail to make timely payments
It can be very frustrating when clients don’t pay what they owe. They took on that debt and made it sound as if it would be affordable. But they have since failed in their obligations to make timely payments, and now it’s having a larger impact on the lender. But why...
Who pays debts during probate?
Probate is the process of settling a person’s estate, generally using their estate plan to do things like taking an inventory of the assets, sending out copies of the will, and then distributing those assets in accordance with the estate planning documents. When...