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Legacy Planning: The Ultimate Gift

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Can a Vacation Home Be Kept in the Family for Generations?

These vacation homes may also comprise a significant portion of the family’s wealth. Therefore, it’s understandable that homeowners want to pass their properties and family traditions to future generations.
04/19/22 • by: Law Office of Michelle Adams
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Is Estate Planning Affected by Property in Two States?

When it comes to owning property in two different states, you may wonder how to manage these in your estate plans.
04/13/22 • by: Law Office of Michelle Adams
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What Should I Know about Charitable Gifts?

Giving may provide the donor with a sense of purpose, as well as a sense of responsibility.
04/13/22 • by: Law Office of Michelle Adams
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What Should I Leave Out of My Will?

Unfortunately, there are several common missteps people make in their estate planning that can lead to unwanted results. Read on to discover the two things you should never include in your will, as well as what to substitute instead.
04/13/22 • by: Law Office of Michelle Adams
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How Do You Get a Power of Attorney?

To get power of attorney (POA), the person granting you that power must name you as the agent to have the powers specified in the POA document. It must be signed by the giver while s/he is sound of mind.
04/13/22 • by: Law Office of Michelle Adams
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No Will? What Happens Now Can Be a Horror Show

It's hard for a family to recuperate when the patriarchs and matriarchs have gone to glory, leaving a battle for who will carry the family's leadership role and manage the family's transition of wealth.
04/13/22 • by: Law Office of Michelle Adams
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Should I have a Discretionary Trust in My Estate Plan?

A discretionary trust is a type of trust that can be established on behalf of one or more beneficiaries.
04/07/22 • by: Law Office of Michelle Adams
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Why Shouldn’t I Wait to Draft my Will?

It’s an important task that is easy to procrastinate. However, here is why you shouldn’t:
04/07/22 • by: Law Office of Michelle Adams
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Common Estate Planning Mistakes

Your last will and testament is one of the most important legal documents that you will ever make. It allows you to direct where you want your property, guardianship and debts to go after you die, and allows you to appoint an executor to act out your wishes.
04/07/22 • by: Law Office of Michelle Adams
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How Do I Stop Heirs from Foolishly Wasting Inheritance?

One of the biggest concerns a trust creator might have is that the beneficiary would squander their inheritance or that the beneficiary’s creditor would attach the inheritance to cover the beneficiary’s debt.
08/03/21 • by: Law Office of Michelle Adams
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