The easiest way to quickly move your assets through probate and avoid disputes between your inheritors is to make sure your estate plan covers all of your assets.. Naturally, this requires drafting a will and keeping it updated. But there are many other aspects of estate planning that you should consider. A complete and […]
Creating your estate plan isn’t easy. You have to think two steps ahead about how the end of your life will affect your spouse, your kids, and the rest of your family. If you think planning is challenging, telling your heirs about the designations you made in your estate plan can be even more uncomfortable. There […]
Business partnerships can provide great value, allowing each partner to bring their own experience and expertise to the table and dividing up the workload to keep it all from falling on one person’s shoulders. But what happens if your relationship with your business partner goes south due to a breach of contract? Learn the various […]
When you are in the middle of working through the process to make sure your divorce is finalized properly, it’s easy to become overwhelmed. Between the emotional turmoil of ending your marriage, navigating new living plans for your children, coordinating the division of assets, filling out paperwork, hiring divorce attorneys, and everything in between, it’s […]
In a 2019 study by Pew Research Center, it was found that roughly 59% of people ages 18-44 have lived with unmarried partners at some point. Additionally, according to census data 7% of adult couples living together are unmarried, totaling around 17 million people. In a recent episode of our Wealth Matters radio show, Gaslowitz […]
Are you getting ready to give your kids the family business? Are you unsure of what to expect and plan for? In a recent episode of our “Wealth Matters” radio show, our founding partners Adam Gaslowitz and Craig Frankel met virtually with two special guests from Wilmington Trust: Southeast Regional President Garrett Alton, ChFC, CLU, […]
Being an executor or administrator of an estate means you must make sure that all of the money and assets are distributed properly to the beneficiaries involved. If you are unable to find one of the beneficiaries, you should take steps to ensure you are not held liable for whatever benefits they were entitled to. […]
A guardianship or conservatorship is granted when an individual is not able to make appropriate decisions or care for themselves. Guardians are charged with making decisions for the well-being of a person who cannot make decisions for themselves. Conservators are appointed to make financial decisions for people who are no longer capable of making reasoned […]
To protect your assets in the event of a medical emergency or death, you should create an estate plan stating what will happen to your property. This plan will ensure that your assets are cared for and properly distributed in the event of a tragedy. There are a few things you must do to […]
If your loved one is no longer able to make appropriate decisions or care for themself, it may be time for you to consider seeking guardianship. Approval and selection of an adult guardian is a process that the courts take seriously since it involves stripping an individual of many rights. Courts want to ensure that […]
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