The Risk of Do-It-Yourself Estate Planning
If you have not used Legal Zoom, I suspect you have at least heard of it. Legal Zoom is the leading legal service web site on the internet. Among its legal services, Legal Zoom provides do-it-yourself estate planning. However, Legal Zoom and other do-it-yourself......
Updating a Will After Divorce
Divorce is not something people expect to occur in their lifetime, but unfortunately, divorce happens to many married couples. The divorce process can be painful or painless depending on the relationship an individual may have with their ex-spouse. But in either case, there are documents......
Digital Estate Planning
Digital estate planning is a way to plan for your death and determine what happens to your assets after you die. Because many people are uncomfortable with thinking about their death, essential estate planning steps are never taken or enacted. However, with new technologies becoming......
Safety Deposit Box Pitfalls
Safety Deposit Box Pitfalls Many think putting their estate planning documents into a safety deposit box is a wise decision. But in many states, such as Ohio, if an individual is the only person named as the owner of a safety deposit box, then no......
Probate Procedures
Five Types of Probate Proceedings Probate is a formal legal process that serves as the first step in administering the estate of a decedent and giving proper recognition to the decedent’s will, by resolving all claims and distributing all property under the will. The probate......
What is an Annuity, and Do I Need One?
So, you’re wanting to make some changes in your portfolio or to begin investing your money wisely, and you’ve heard of annuities, but you’re not really sure what they are or if you even need one. Maybe you’ve also heard that annuities are the best......
What Happens to My IRA if I die?
So, you’re smart enough to open up an Individual Retirement Account (IRA) to prepare for the time you will retire, but what if you don’t live long enough to collect your entire benefit? This isn’t a fun subject to discuss, but it’s important so that......
How to Generate More Income – Top 5 Ways!
If you’re like the majority of Americans living paycheck-to-paycheck, you’ve probably tried different things to generate more income for a variety of reasons. Just about all of us have had something unexpected happen where we needed some quick cash to get ourselves out of a......
10 Ways To Pay Your House Off Sooner
Have you ever dreamed of what it would be like not to have to make that huge mortgage payment each month? You can probably think of all kinds of things you could do with that extra money—from funding your retirement to going on a much-needed......
25 Frequently Asked Questions About Wills, Trusts, and Estate Planning
1. What is a Revocable Living Trust? A Revocable Living Trust is a popular alternative to wills and other estate planning tools. A Revocable Living Trust helps you maintain control of your assets while you are living and will determine who gets your property upon......
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