Probate Records for Documents and Wills
Meaning of Probate Probate is the term for a legal process in which a will is reviewed to determine whether it is valid and authentic. Probate also refers to the general administering of a deceased person’s will or the estate of a deceased person without a will. Probate is a legal process that administers the […]
To Freeze Yourself at Death, There’s an Estate Planning Trust for That
Maybe you’re intrigued by the thought of having your body scientifically frozen when you die, on the chance you’ll be revived one day. But the thought of having no ready access to funds when you become dissolved would have your head spinning like a polar vortex. From the good news you probably never thought you […]
Biden Tax hike causes wealthy Americans to panic over estate planning strategies
When an individual passes, their assets could be subject to estate taxes and inheritance taxes, depending on where they lived and how much they were worth. While the threat of estate taxes and inheritance taxes is real, in reality, the vast majority of estate are just too small to be charged a federal estate tax, […]
Estate Planning Checklist
An estate plan can be designed to take care of your family if something happens to you. With a carefully drafted set of estate plan documents, you can ensure that your wishes are fulfilled after your passing or incapacitation. Let’s look closer at a helpful estate planning checklist that can walk you through the process. […]
Estate Planning for pet care and pet trust
You cannot leave money or other kinds of property to your pet. The law says animals are property, and one piece of property cannot own another piece of property. However, you can plan to make sure that your pet has a good life after you die. Use your estate plan to make sure that Your […]
Getting started: Estate Planning for young families
In the euphoria and exhaustion of catering to young children, estate planning may probably not be at the apogee of your priority list. However, all families, particularly those with young children, should have a basic estate plan in place. If something bad were to happen, your family would be grateful that you made the decisions […]
Estate Planning basics you need to know
When people think of estate planning, they tend to focus on the distribution of an individual’s assets and other property when he or she passes away. Although that’s certainly a component of estate planning, there’s much more that a person can do to ensure that his or her intentions and wishes are honored in the […]
Estate Planning for family farms: what to do with the land
While most businesses use real estate, unique planning issues arise for family farm owners because of the importance of real estate to the farm and family. There are several reasons for that. Reasons 1. Family farms are not as mobile as other businesses. 2. Family farm owners usually have strong emotional attachments to the land. […]
Estate Planning Company offered Ontario Education workers free wills ahead of September
LegalWills is offering Ontario education workers free wills and Health Care Power of Attorney documents in August as debate continues over how to reopen schools safely in the fall amid the coronavirus pandemic. This is to say the pandemic has caused a slow down in the educational system. We wanted to do our part to […]
5 estate planning disasters you’ll want to avoid
You shouldn’t abandon your estate plan document after creating it. Estate planning documents such as wills and trusts are always subject to state laws and these laws are often amended from time to time. Also, these laws vary across states and you would have to amend your will or trust if you move to a […]