Month: December 2024

using trust

Pros and Cons of Using a Trust to Protect Your Assets

Estate planning can be challenging, but it’s essential to ensure your wishes are honored and your loved ones are cared for. A trust is a powerful tool that allows you to protect and manage your assets, giving you control during your lifetime and simplifying the distribution process afterward. While trusts offer many benefits, they also …

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guardianship for an incapacitated loved one

Establishing Guardianship for an Incapacitated Loved One

When a loved one becomes incapacitated, families may face the challenging decision of establishing guardianship to manage their medical, financial, and personal needs. Guardianship provides the legal authority to care for someone who can no longer make their own decisions, particularly if no estate plan or powers of attorney are in place. Though complex, the …

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