Asset Protection
What Happens to Real Estate With a Mortgage When I Die?
Your mortgage does not simply disappear when you die. A few different scenarios can unfold, depending on the estate plan instructions.
April 22, 2024
Your mortgage does not simply disappear when you die. A few different scenarios can unfold, depending on the estate plan instructions.
Estate planning can be a significant part of successful financial management, especially for married couples.
You have several different options when it comes to creating the right estate plan. Some people believe that a revocable living trust is the best way to go, while others
One of the main reasons that a person creates a revocable living trust (a trust established during a person’s lifetime that they can amend or revoke) instead of relying on
You may associate the month of December with giving holiday gifts, but it is also a great time for you to think about the valuable estate planning opportunity presented by
A new year is a great time to start fresh and implement positive changes that will enhance our lives. Many of us want to lose weight, spend more time with
The end of the year is a great time for you to think about donating to charity. Donations not only aptly express the generosity associated with the holiday season, but
Estate planning is a systematic process, which involves getting your personal and financial goods for the time, if you pass away or become mentally ill. It is also known as last will, and almost everyone does this planning for their family.
The death of a beneficiary scenario can arise in settling either a probate estate or a trust administration. The beneficiary’s death affects both the administration of the first decedent’s probate estate or trust and the administration of the beneficiary’s own estate.
In many relationships, it’s common for one spouse to play money manager and the other to take a more passive role. This, however, can lead to major complications, when the financially dominant partner dies first.