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Are Your Heirs Going to Be Better Off With Trust Administration or Probate?

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Estate planning is one of the most important things you might do in your lifetime. Yet many people neglect estate planning when it should be a big priority. Caring.com says that based on a 2025 survey, only 24% of people have a will, while 13% reported having a living trust. And there's a reason wills have long been a more popular estate planning tool than trusts. Put simply, wills are talked about a lot, so people are more familiar with them. On a basic level, you probably know that a … [Read more...] about Are Your Heirs Going to Be Better Off With Trust Administration or Probate?

Don’t Forget These Overlooked Tasks When Making an Estate Plan

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Although estate planning is not an easy thing to do, both because it can bring up uncomfortable feelings and because it can be complex, it's an important thing that deserves your attention. Caring.com found that only 32% of Americans had an estate plan as of 2024. So if you're doing your own estate planning, it means you may already be ahead of the game compared to some of your peers. However, there are certain tasks that are all too easy to forget when you do your estate planning. … [Read more...] about Don’t Forget These Overlooked Tasks When Making an Estate Plan

Estate Planning and Baseball

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Every state that recognizes trusts as legal entities imposes fiduciary duties upon the Trustee of such trusts. These duties may have different names in different jurisdictions, but ultimately a breach of fiduciary duties means that the Trustee failed to fulfill their duties as expressed in the trust instrument and under local law. This article examines a case ripped from the headlines that demonstrates the importance of choosing the right individuals to serve as fiduciaries. Read on to learn … [Read more...] about Estate Planning and Baseball

3 Situations Where Estate Planning is Absolutely Essential

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Creating an estate plan is important for everyone to do. An estate plan gives you control over your legacy and allows you to determine what happens to the money and property that you worked hard to acquire during the course of your lifetime. However, there are some circumstances where it becomes even more important to take control and express your preferences for what happens if you become incapacitated or pass away. Here are three examples where the consequences of not making an estate plan … [Read more...] about 3 Situations Where Estate Planning is Absolutely Essential

National Make-a-Will Month

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Although many Estate Plans have a Revocable Trust as the foundation for the plan, Wills play an important role in a comprehensive Estate Plan. Alarmingly, most Americans don’t have a Will even though they know it’s important. In honor of National Make-a-Will month, let’s explore the often overlooked and neglected Estate Planning document, the Will. Continue reading to learn more.   … [Read more...] about National Make-a-Will Month

You Should Think Twice Before Using AI in Estate Planning

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There are many new technologies that have brought on big changes, and artificial intelligence ("AI") is one of them. In recent years, AI technologies like Chat GPT have come to the forefront. These technologies allow machines to do things that humans normally need to do. For some people, the rise of AI seems to present an opportunity to simplify complex tasks -- like making a will or other estate planning documents. If you are tempted to use an AI program to help you to create your estate … [Read more...] about You Should Think Twice Before Using AI in Estate Planning