It’s still hard to say what will happen with bitcoin and other cryptocurrency. This trendy digital currency has been in the news the last few years. While it got a lot of media attention, and it saw incredible increases in value, eventually the market came crashing down. Now it’s difficult to predict how significant cryptocurrency […]
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One of the newest areas of estate planning is the distribution and management of the digital estate. This is so new that many people completely forget to include their digital estate into their estate planning. This can create difficult complications after they pass away. Your digital estate includes all of your online accounts and activities.
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Most people don’t spend enough time thinking about estate planning. Some think they are too young to worry about estate planning, others don’t think they have enough of an estate to bother planning for so they never get around to it. The truth is that estate planning is an essential tool to help you distribute
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As you probably already know, divorce is no longer rare and almost a norm for American families. Often after divorces, one or both of the spouses will remarry. In some cases, they marry people who have also been divorced and have children from previous marriages. These new families–consisting of children from past marriages, also known
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The expatriate life is certainly a unique one. Spending time in different cultures for long periods of your life offers interesting opportunities for skill, language, and cultural enrichment. It also offers distinct and significant challenges. Many expats love the international life and wouldn’t dream of settling down back in their home country any time soon.
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A lot of parents with substantial assets worry about how those assets will be distributed and used by their children. That is one of the reasons why many choose to establish trusts. Another large concern is how the assets or the existence of a trust may affect the way a child acts or behaves financially.
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One of the things that you will need to learn about when it comes to estate planning would be the role of the executor. When you write out a will, you will need to appoint someone to this position, so it is something you will need to consider very carefully. You will want to name
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When you make the decision to start planning your estate, there is much more that will go into this process than just creating a will. People don’t realize all of the many different layers of estate planning. By hiring a quality attorney to handle the process, that lawyer will be able to walk you through
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There are actually numerous different parts of estate planning, but arguably, the one basic thing you absolutely should do if you do nothing else would be putting together a last will and testament. This is considered very basic, and it is vitally important no matter your age. If you are unsure of why it is
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Discovering that someone close to you has named you as the executor of their estate can be overwhelming, and downright frightening to some. If you know that, though flattered, you absolutely do not want the responsibility, you can always make the decision to decline to accept the role. The following information will give you a
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