Homeowners who pass away before they decide and document what to do with their home risk leaving their families squabbling over what to do with the property and the potential for significant tax liability. What are the options available for homeowner…
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For some individuals, the thought of enduring the probate process, especially after the loss of a loved one, is difficult to bear. Yet, probate may be necessary if certain actions aren’t taken in advance. What exactly is probate and how does one av…
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If you or someone you know has invested in cryptocurrency you may wonder if it’s possible to include this type of digital asset in your estate plan. The answer is yes, but with careful advanced planning. The unique nature of cryptocurrency and its…
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Probate is a court process where the estate of a deceased individual is administered so that creditors are paid, assets are gathered, and property is distributed to the rightful heirs and beneficiaries. In probate, someone dies “intestate” if the…
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On Aug. 11, 2022 actress Anne Heche died unexpectedly at age 53. The single mother of two sons had no will or trust, and now, just months after her death, three legal actions involving her estate are pending. Battles over her estate could have been a…
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Under the Estates and Protected Individuals Code (EPIC), a designated funeral representative is someone who is appointed to have “the right and power to make decisions about funeral arrangements and the handling, disposition, or disinterment of a d…
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The Silver Tsunami is a metaphor that is used to describe the time in which baby boomers will enter their retirement years, potentially affecting everything from healthcare to the workforce. According to the U.S. Census Bureau, one in every five Amer…
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Singer Prince died of a drug overdose in 2016 and did not leave a will. A six-year legal battle involving his $156.4 million estate recently settled, leaving his fortune and catalogue of songs split between a New York music company and three of his s…
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The number of young adults ages 18 to 34 with a will in place increased by 63 percent, according to a recent survey by Caring.com. The survey cites the COVID-19 pandemic as the driving force behind the uptick in millennial estate planning. On the oth…
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“Bob Ross: Happy Accidents, Betrayal and Greed” is a new Netflix documentary that focuses on the late artist’s life and the battle for the multimillion-dollar corporation that owns Ross’s name, likeness, and intellectual property. While also…
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