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Are All Trusts Living Trusts (4_3)
Are All Trusts Living Trusts? An Olney Estate Planning Lawyer Explains
The word “trust” gets used quite broadly, creating potential confusion. While a “living trust” is a widely discussed instrument for estate planning, it’s crucial to understand that not every trust is a living trust. Below...
Understanding Retirement Account Beneficiaries
Understanding Retirement Account Beneficiaries: Guidance from a Olney Inheritance Lawyer
Retirement accounts, such as 401(k)s and IRAs, are often significant components of your financial portfolio. But do you know who will inherit these funds when you pass away? It’s a crucial aspect of estate planning that deserves attention. Here,...
Revising Your Estate Plan After an Heir Passes Away
Revising Your Estate Plan After an Heir Passes Away: Advice from an Olney Estate Lawyer
The loss of a loved one not only brings emotional challenges but also necessitates important revisions in your estate plan. If the individual who passed away was an integral part of your plan, either as a beneficiary or in a pivotal role like Power of...
Out of State Probate
Navigating Out-of-State Bereavement: Your Olney Estate Lawyer Can Help
Losing a loved one is always difficult, and the challenge can be compounded when they pass away in a different state. If you’re facing this situation, it’s important to know that you may be able to manage many of their affairs from a distance. As...
Facilitating Family Discussions (C)
Facilitating Family Discussions: Estate Planning Amidst Conflict with an Olney Estate Planning Lawyer
Estate planning often brings about crucial conversations about the future. When family dynamics are marked by tension or conflict, discussing your estate planning wishes can become even more challenging. However, clear communication is key to ensuring...