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Every estate will go through the probate process when it is administered. But not every estate has to have all of their assets go through that process. Protecting your hard earned property and assets from the probate process is a critical step to saving your beneficiaries and loved ones painful and extended probate litigation, as well as preserving the value…
Suppose a disaster strikes, sudden injury or illness affects your family, or a loved one is trapped and alone—in emergency situations like this, a holographic will may be the only option left for many people. A holographic will is one that is entirely handwritten by the person creating it and done without a lawyer involved. These are usually signed by…
One day you may sit back and realize your lifelong dream has come true: you started a company and successfully survived the scrappy, often tricky first years of business. Now that things are finally slowing down and getting a bit easier, the fear starts to creep in that all your hard work could disappear one day. Lawsuits, monetary issues, disgruntled…
Retirement can feel like a very far off thing as one is knee-deep in the everyday activities of running a business. This may lead some business owners to assume that their retirement is something they don’t really need to think about now. However, putting off planning for their retirement could endanger a small business owner’s ability to one day have…
When a loved one passes away, the will he or she leaves behind may need to go through probate, which is a court process that occurs before the distribution of assets. This is often a time-consuming and expensive experience. There may also be family fights that can prolong and complicate the process even more. Probate disputes can arise for various…
When someone passes away, there are a number of details that must be tended to and resolved. This includes locating heirs, paying taxes, settling debts and distributing assets. These tasks are handled by a fiduciary, or someone who has an obligation to act in the best interests of the decedent. Unfortunately, there are times when a fiduciary fails to fulfill…
In today’s world, shoppers have many options. A recent survey suggests that a fair portion of today’s consumers plan to look more towards small businesses for their shopping needs in the future. The survey was from Vistaprint, and over 1,500 U.S. adults were polled in it. The results were weighted to be an accurate representation of the U.S. population. According…
If you have a car, it is imperative that you frequently take it in to get the oil changed and to perform routine maintenance. If you don’t do this, your car will eventually break down, and it could leave you stranded in a very difficult position. Along the same lines, your will needs to be updated and maintained on a…
A recent report indicates that these days, small business owners are more optimistic than they have been in quite some time. The report was on August’s Small Business Optimism Index score. This score comes from the National Federation of Independent Business, and it gauges optimism levels among America’s small business owners. According to the report, the score increased in August…
Wills get contested for many reasons. One is that the deceased lacked the capacity to make the will, and another reason is allegations of forgery. A third scenario, one that is somewhat common, is undue influence. So, what exactly is undue influence, and could it apply in your situation? Taking Advantage One way to explain undue influence is that it…