Trusts Legal Guides (86 found)

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Diedre Wachbrit Braverman
Written by Diedre Wachbrit Braverman
Contributor Level 3

Your child with special needs counts on you every day. What will happen when you are no longer there to provide care, resources and advocacy? That depends upon whether you create a customized Special Needs Trust. As the mistakes below will show you, you can make a big difference for your child.
Allen G Drescher
Written by Allen G Drescher
Contributor Level 3

Probate is a judicial proceeding that transfers the assets of a dead person. It can be costly and time consuming and can be avoided. A revocable living trust avoids probate by transferring assets to the trust while the settler (creator) of the trust is alive.
Judith May Copeland
Written by Judith May Copeland
Contributor Level 4

Many of us have pets who are very dear to us. California has enacted a law declaring that a trust for the care of an animal is a lawful. One can now set aside a certain amount, up to all of their estate, to be dedicated to the care of their pets.
Cheri Lynn Kurman
Written by Cheri Lynn Kurman
Contributor Level 3

It is something most Americans avoid and more often than not, never get around to … preparing an estate plan. By having an estate plan, however, you offer your family members peace of mind during a difficult period.
Joseph Franklin Pippen Jr.
Written by Joseph Franklin Pippen Jr.
Contributor Level 6

Trustees have many duties and responsibilities of the highest order. The job is one of "trust" and comes with six main obligations. This guide will outline the duties to give trustees a starting point of understanding of what is expected.
Randy Marvin Spiro
Written by Randy Marvin Spiro
Contributor Level 4

IRAs, retirement plans, and life insurance are assets that pass by a beneficiary designation form. When people fill them out and return them to their bank, broker, employer or insurance company, they rarely keep a copy. If the old form doesn't meet their desires, they may not realize it.
Jasen E. Cassady
Written by Jasen E. Cassady
Contributor Level 3

Making a wise choice now can save trouble later. When creating an estate plan, minimizing infighting among beneficiaries if often a top priority. One good way to do this is to choose a trustworthy, competent fiduciary.
Cheryl K. David
Written by Cheryl K. David
Contributor Level 5

Estate plans must be handled differently when you have a child with special needs. Money and assets left directly to a child are part of the child's estate and may disqualify the child from continuing to receive benefits or qualifying for certain state and federal programs.
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Written by Avvo Staff
Any adult of sound mind (capable of reasoning) can make a will, which can be handwritten, produced by a software program, or drawn up by an attorney. All wills must be signed, dated, and witnessed by two people.
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Written by Avvo Staff
Elder law includes all legal issues that affect the elderly and infirm, including Medicare/Medicaid, healthcare planning, guardianship, estate planning, wills and trusts, powers of attorney, age discrimination, living wills, life insurance, reverse mortgages, nursing homes, and elder abuse.
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Written by Avvo Staff
You can avoid probate by planning ahead and designating who will inherit your assets.
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Written by Avvo Staff
If you are drawing up a medical power of attorney, you need to choose a person who will make medical decisions for you if you become unable to do so.
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Written by Avvo Staff
A health care proxy is a document that gives another person the power to make health care decisions for you if you are ever unable to make them for yourself.
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Written by Avvo Staff
A living will is fairly simple to create and can provide a clear plan for how you wish to be cared for if you become seriously ill.
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Written by Avvo Staff
Registering your living will is a simple but important process to help ensure you will get the kind of medical treatment you want if you become unable to express your wishes yourself.
Joel Richard Beck
Written by Joel Richard Beck
Contributor Level 4

Creating a will in the state of Georgia is part of a basic estate-planning strategy and can help alleviate family strife after your death by clearly stating your intended property distribution at the time of your death.
Ellie Sepeedeh Khabazian
Written by Ellie Sepeedeh Khabazian
Contributor Level 4

Below is a framework to consider in your pursuit of maximizing the net benefit to your client while simultaneously bringing justice to the parties involved, and thereby enhancing your reputation as an effective negotiator.
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Written by Avvo Staff
If your lender moves to foreclose, taking quick action can help you keep your home.
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Written by Avvo Staff
The estate, or inheritance, tax is a tax paid to the federal government, and sometimes state governments, on high-value estates after a person dies.
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Written by Avvo Staff
A power of attorney gives a person, whom you will select, the right to make decision for you if you are incapacitated. Be sure to carefully choose the person you appoint for this role.

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