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The 5 Essential Estate Planning Documents that Everyone (Yes, Even You) Needs

The 5 Essential Estate Planning Documents that Everyone (Yes, Even You) Needs

by kkpatton | Aug 31, 2022 | Estate Planning

Estate planning isn’t just for the very wealthy or the very old. Estate planning is a very important process for everyone to participate in—regardless of age or financial status. It allows you to plan for what will happen to your minor children and hard-earned assets...
Estate Planning Glossary: An Overview of Terms & Concepts

Estate Planning Glossary: An Overview of Terms & Concepts

by kkpatton | Aug 23, 2022 | Estate Planning

Estate planning can be a daunting task. Not only does the process force you to consider what will happen after you pass away, but it can also be a confusing undertaking as well. What does “per stirpes” mean? Is there a difference between a grantor and a testatrix?...
Beneficiary Designations: What They Are and When to Use Them

Beneficiary Designations: What They Are and When to Use Them

by kkpatton | Jul 18, 2022 | Asset Protection, Estate Planning

An overwhelming 2 out of 3 Americans do not have an estate plan in place. They have not drafted a Will or Trust. They don’t have a Power of Attorney or Advance Directive for Health Care in place. And many are unaware that they can utilize something called “beneficiary...
This is So Unfair: Let’s Talk About Unequal Inheritance

This is So Unfair: Let’s Talk About Unequal Inheritance

by kkpatton | Jul 4, 2022 | Estate Planning

For many individuals, the act of estate planning is a powerful reminder that our property and financial assets will not follow us to the afterlife. Once we start thinking about who should inherit the assets we leave behind, it is not uncommon for questions about...
Estate Planning for Young Adults: The 4 Documents Every 18-Year-Old Needs

Estate Planning for Young Adults: The 4 Documents Every 18-Year-Old Needs

by kkpatton | Jun 6, 2022 | Estate Planning

Turning 18 is an exciting time in a person’s life. Legally, you’re an adult…which means you’re ready to accept the many new rights and responsibilities that come along with adulthood. At the same time, however, you’re still young and have your whole life ahead of you....
Why You Should Create a Trust Fund for Pet Care When You’re Gone

Why You Should Create a Trust Fund for Pet Care When You’re Gone

by kkpatton | Apr 26, 2022 | Estate Planning, Pet Trusts

Setting up a trust fund for pets is something that we tend to associate with celebrities, such as television empress Oprah Winfrey and fashion icon Karl Lagerfeld. Both of these celebrities are quite wealthy, so it is not surprising to learn that the trust funds they...
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