blog & insights

5 Tragic Mistakes People Make When Leaving Assets to Their Pets

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A pet trust is an excellent way to make sure your beloved pet will receive proper care after you pass on. The problem, of course, is that you won’t actually be there to see that your wishes are carried out. It’s critical to set up a pet trust correctly to ensure there are no loopholes…

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The Pros and Cons of Probate

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In estate planning circles, the word “probate” often comes with a starkly negative connotation. Indeed, for many people —especially those with larger estates —financial planners recommend trying to keep property out of probate whenever possible. That being said, the probate system was ultimately established to protect the property of the deceased and his/her heirs, and…

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How to Avoid Sending Your Loved Ones (and Assets) through Probate

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Many people today are using a revocable living trust instead of a will or joint ownership as the foundation of their estate plan. When properly prepared, a living trust will avoid the public, costly and time-consuming court processes of conservatorship or guardianship (due to incapacity) or probate (after death). Still, many people make a big…

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