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If you hold title to real estate with a spouse or life partner, there’s a good chance the title will contain the words “joint tenants.”  When two or more people hold title to property jointly, the deceased owners interest in the property passes to the surviving joint owner(s) according to the “the right of survivorship.”  This type of joint ownership can be used for land, automobiles, bank accounts, and some other types of property. The

When you pass away your estate may be required to go through probate (with a will) or administration (without a will). These judicial processes are used to accomplish the legal transfer of your property to your beneficiaries and heirs. Many families position themselves to avoid the delay and expense of probate and administration. By far the most popular strategy used by estate planners to avoid probate involves the creation of a revocable living trust. There

If you have a son or daughter battling a serious drug or behavioral addiction you can place their inheritance in a ‘Spendthrift Trust’ built into your ‘Living Trust.’ The child’s inheritance is managed by a ‘Trustee’ and used for the benefit of the troubled adult or youth. The Trustee can be a family member, trusted friend, or professional fiduciary. The Trust can provide the appropriate level of support for the situation as it may unfold

An online living trust may seem like a great deal at a fraction of the cost of an estate planning attorney. These virtual fill-in-the-blank trust kits have risen in popularity during the Covid-19 pandemic. Although some estate planning attorneys may disagree, there are some online trusts that work for small estates with simple transfers. Betting your estate on an online trust can be a huge gamble so be sure you understand the risks of buying

The Vietnamese Buddhist monk and peace activist Thich Nhat Hanh said, “We need to be aware of suffering, but we must retain our clarity and strength so we can help transform the situation.” The Covid-19 pandemic is certain to impact the lives of people across every sector. Regardless of money, race, or  status, almost all are effected by the pandemic, and some will only see calamities and misfortunes. Others will fortify their minds against the negativity to