Business formation March 21, 2024

How to Set up a Living Trust: A Quick & Easy Guide to Estate Planning

What Is a Living Trust? Also known as a revocable trust, a living trust is a legal document that holds your assets during your lifetime and designates a trustee to manage them on your behalf.  Unlike a will, a living trust allows you to maintain control over your assets during your lifetime while also simplifying […]

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Business formation March 5, 2024

Family Trusts vs. Living Trusts: Let’s Compare the Two

Family Trusts Also known as a revocable living trust, a family trust is created to hold and manage assets for the benefit of family members. It allows the grantor, the individual establishing the trust, to maintain control over their assets during their lifetime. Family trusts often involve spouses and children as beneficiaries, ensuring a seamless […]

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Legal February 26, 2024

Comprehensive Guide to Understanding Inheritance Law

It may seem like a straightforward process, but there are several factors that you must consider when creating an estate plan, like your state’s inheritance laws. Inheritance laws govern how your assets will be administered if you die without a will or estate plan. These regulations vary depending on where you live. Because of this, […]

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Legal November 30, 2023

A Step-by-Step Guide to Creating an LLC for Real Estate Investments

What Is an LLC? A limited liability company is a business structure that offers both a corporation’s limited liability protection with a partnership’s flexibility and simplicity. In the context of real estate investments, the LLC acts as a legal entity that separates personal assets from business liabilities, providing a layer of protection for investors that […]

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Retirement & Estate Planning February 15, 2023

Wealthy & Wise: The Dos and Donts of Estate Planning

About the Video: The Dos and Donts of Estate Planning Estate planning is a critical aspect of financial planning that involves making arrangements for the distribution of your assets after your death. Some of the do’s of estate planning include having a revocable living trust in place, keeping it updated, regularly reviewing your beneficiaries, and […]

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