Financial troubles can be challenging to deal with. Most people want to pay their debts and live a comfortable life, so the realization that those aren’t possible can be difficult. For some people, life’s circumstances have made it impossible to catch up. When there...
Month: March 2025
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An estate plan should address major debts
There are certain estate planning considerations that most people recognize. Parents with young children may decide to create estate plans specifically to ensure the safety and well-being of their children. They provide financial support and name a guardian. Those...
One way to keep funds out of probate
When someone passes away, their estate typically goes through probate. This is the process of distributing assets. If there is no estate plan, the distribution is done in accordance with state law—this is known as dying intestate. If there is an estate plan, then the...