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The conditions for amending a trust, including who has the authority, is usually set out in the document.
An ‘I Love You Will’ works great as long as everything goes as planned. However, there are three reasons that kind of will may not love you back.
A power of attorney grants someone (the “agent”) authority to act on behalf of another party (the “principal”).
When you purchase and own a home, your name is on the title to the property, indicating ownership. However, you can transfer ownership of your residence to another person or entity in the form of a real estate trust.
If you’re seeking guardianship or conservatorship for a relative who is unable to take care of their own personal or financial needs, get ready for the long haul.
There are times when it makes sense to leave more to one child than another.
It is commonly understood that upon death, our property will pass to someone else. However, the details of exactly how property passes often seem a bit more mysterious.
When you die, a section of law known as estate and probate law governs how your assets are distributed.
When someone passes away, whether unexpectedly or not, it can raise questions about who will inherit what. Specifically, you might be wondering whether in-laws have a right to any of the assets of the deceased person.
Estate planning is nearly always worthwhile but can be extra important when you have stepchildren.
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