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What You Need to Know About Gun Trusts

In the United States, gun trusts are legal tools that enable individuals to own firearms in a legally compliant way and, at the same time, allow them to share access to firearms with others. This approach is beneficial for those…

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The Benefits of Forming an LLC

There are many ways to structure a small business, from sole proprietors and partnerships to corporations. When you see an LLC at the end of a business name, it stands for limited liability company. An LLC is simple to form…

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A Guide to Living Wills: Ten Things to Know

If you became seriously ill or suffered an injury and were unable to make healthcare decisions for yourself, what would you do? You don’t have to be old to become incapacitated. A living will, a component of an advance health…

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How Estate Planning Differs From Elder Law

During the process of planning your future, both financially and medically, you may wonder what the difference between estate planning and elder law is. Estate planning and elder law also have some similarities. Even though these two types of law…

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A Brief Introduction to Special Needs Trusts

Creating a special needs trust (SNT) is an excellent method for planning for your loved one's future. A special needs trust can provide fiduciary management and oversight for a loved one unable to manage property or funds due to physical…

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Health Care Estate Planning Documents: An Overview

Estate planning is most commonly associated with wills, trusts, and passing assets to the next generation. However, there is another part of estate planning that doesn’t get as much attention. It concerns advance health care planning. Have you thought about…

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How Does Estate Administration Work?

The estate administration process involves managing a deceased person's assets and distributing them to their beneficiaries. This process typically includes identifying and inventorying the decedent’s assets, paying debts and taxes, and distributing any remaining assets to the beneficiaries named in…

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A Basic Understanding of Medicaid

Millions of Americans receive comprehensive health coverage and financial protection through Medicaid, a federal and state public health insurance program. The program helps low-income families, individuals, and people with disabilities receive adequate health care and provides nursing home or community…

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What a Divorce Means for Estate Planning

It can be difficult to go through a divorce. The process is emotionally and mentally draining. There are many factors to consider that may also change over time. For younger couples, children are likely a top concern. For older couples,…

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