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Guardianship: The Topic All Parents Should Discuss As parents, one of our most prized “possessions” are our children. They steal our hearts from the day they are born and we put them at the top of our priority list. We pride ourselves in taking the best care of them. One thing that is often overlooked, [...]
Having an estate plan is something that everyone needs, no matter their age or social status. Sometimes we forget that an estate plans need to be updated and revised several times during one’s lifetime. I usually recommend that you review your estate plan once a year to see if updates should be made. There are [...]
An estate plan determines what will happen to your property and assets when you die or can no longer manage your own affairs. It can be confusing and time consuming but is very important to have and can make a difficult time less stressful for those you leave behind. Here are four common items that [...]
Estate planning can be stressful and overwhelming, but with some advanced preparation before meeting with an estate planning attorney, the process can be less intimidating. While no one likes to think about dying, being prepared is very beneficial to your family and can provide some peace of mind. With assistance from Thornton Law Firm, the [...]
MEstate planning is not something that people think about often or even like to think about in general. Most young people haven't thought about their own immortality, and death itself is a sensitive topic. As we go about our lives and build relationships and families, we accumulate assets along the way. Whether you've just bought [...]
While death is not a popular topic of conversation, it something that needs to be discussed when deciding to come up with an estate plan. Death is an inevitable factor of life and being prepared for it with an estate plan, which should include funeral plans, can be beneficial for your family in the long [...]
Estate planning is not something that people tend to think about in their day-to-day lives. However, there are many benefits to having an estate plan that spells out how assets are to be divided up when you die. When creating an estate plan, there are many things to consider. There are also a lot of [...]
Approximately 50% of individuals have an estate plan. For those individuals who don’t have one, the estate administration process can become much more difficult. A lot of people refer to the entire process of dealing with the deceased’s heirs and creditors the “probate process”, although probate is technically only the process of proving the [...]
Life takes many unexpected turns and sometimes loved ones die suddenly and without warning. When this happens, the deceased may not have a will prepared for their assets to be distributed upon their death. There are many outcomes to this situation depending on factors like marital status, whether or not they have children, and whether [...]
4 Key Considerations When Choosing the Executor of Your Will The executor of a will is the individual who is in charge of paying off your creditors and disbursing your assets after you die. Typically, the executor has the help of an estate planning attorney. However, they still have a lot of decisions to [...]