The Importance of a Successor Trustee

An estate plan that includes a revocable living trust is an excellent way to protect yourself and your loved ones upon your passing or in the event you are unable to manage your ...
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How to Choose a Trustee

When you establish a trust, you name someone to be the trustee. A trustee does what you do right now with your financial affairs—collect income, pay bills and taxes, save and invest for ...
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5 Mistakes Successor Trustees Make (and How to Prevent Them)

When establishing a trust, you must give serious thought to who you choose as your successor trustee—the person who will manage, invest, and hand out the trust’s accounts and property once you are ...
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What is Summary Administration?

When a person dies without a will, the probating the estate can take a long time to complete. This is especially true if there is a will contest, family discourse or it is ...
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What is a Trust?

According to the Business Dictionary, the definition of a trust is "Legal entity created by a party (the trustor) through which a second party (the trustee) holds the right to manage the trustor's ...
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What is a Last Will and Testament?

A Last Will and Testament is a legally binding document of an individual's final wishes for handling their affairs and personal property after death. This document can include instructions for all manner of ...
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What is Power of Attorney?

The Power of Attorney (POA), gives one person, or agent, the authority to act for another person. This document can grant limited legal authority or broad legal authority to an agent. An agent ...
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Can I Get A Witness?

Witnesses play an important societal role. In investigations, they provide valuable evidence to solve a case. In trials, their testimony is the difference between the prosecution getting a conviction or the defendant getting ...
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What are Advance Directives?

Advanced Directives, also known as living wills, cover a person's wishes for end-of-life care. These directives let individuals make future essential decisions for care without outside influence. Advanced Directives make sure you get ...
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