Trusts are fundamentally considered as a commitment between two people where the trustee holds the principal’s estate in the trust’s name, for the latter’s benefit. However, this simple definition has become much more elaborate as the concept has changed over time. However, when you come down to the basics, the whole concept involves a grantor…
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Albert Einstein may have been a genius but he had his quirks. He was once quoted as saying that “it has become appallingly obvious that our technology has exceeded our humanity.” Considering all the new developments we have at our disposal (such as those adorable food delivery robots and Amazon’s Alexa), this stands to be…
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There was a time when trusts were mostly used by affluent people to pass down their wealth without incurring tax obligations. Today, a trust can easily be found in an average person’s estate plan. There are several different trusts that are employed for accomplishing a number of goals and one of the most common is…
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From all the movies, TV shows, and real-life instances we have experienced, we have all learned that marriage changes a lot of things. Finding true love and making promises of everlasting love and companionship are life milestones. But no matter how enamored and enraptured you are with your better half, tying the matrimonial knot shifts…
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If you have been researching about securing the future of your children with special needs, spending a lot of time with other parents who are in a similar situation as yours or reading various articles about estate planning for special needs, you must have gotten the idea of putting a portion of your estate in…
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In this constantly progressing business world, starting your own business can be quite an overwhelming process. Owners of startup businesses usually spend all their time investing their efforts and money in their work, trying to foster maximum growth and success. However, what they fail to realize is that not taking enough time to plan ahead…
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With the boom in demand for cryptocurrency came due speculation. The sudden increase in bitcoin’s value and others confounded many, and while some got attracted by unbelievable profits, others were skeptical of its authenticity. Dealing in digital currency can be daunting. But if you’re here, then you probably already have or are planning on investing…
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Humans beings are quite complicated characters. Our actions and reactions to the same events under different circumstances are mind-boggling. One of the things humans react very differently to is change. Change is a part of life; from your body aging to making and losing friends and family members, career, education, etc. Some changes happen due…
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Some people might deem estate planning as a complicated procedure as it necessitates the use of confusing legal terms and documents. The extreme involvement of complex jargon related to law can make it quite difficult for most people to grasp how the entire process actually works. Therefore, we have prepared this mini-guide to assist you…
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You move away from home for the first time when you make your merry way off to college. After the four years of academics, who knows where life takes you. You may move back to your hometown or take a journey across the country to a completely new state. Many people in the United States…
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