What is a Beneficiary?

What is a Beneficiary?

7 Feb 2022
Usually, a beneficiary is an individual that receives proceeds and/or benefits from something. In the insurance industry, individuals commonly use the language beneficiary in reference to the recipient of life in...
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Issues Caused By Drafting Your Own Will

Issues Caused by Drafting Your Own Will

4 Feb 2022
A lot of individuals are swayed into drafting a will on their own.  However, there can be issues caused by drafting your own will. They may want to save money by not hiring an attorney. They might want to keep th...
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Beneficiary Designations

Beneficiary Designations

28 Jan 2022
Frequently, one of the fundamental goals in estate planning is to avoid probate. Together with a revocable living trust, beneficiary designations could also be a choice in reaching this goal. Naming an individual...
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Reasons to Contest a Will

Reasons to Contest a Will

28 Jan 2022
It is usually very challenging to contest a will. Somewhere around ninety nine percent of wills go through probate without any problems. Wills are considered by the courts as the “spokesperson” of the testator, t...
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What Is a Power of Attorney for a Trust?

What Is a Power of Attorney for a Trust?

19 Jan 2022
Typically, a power of attorney (POA) is not named for a trust. Nevertheless, there could be circumstances when you might want to designate the same individual as your trustee and as your attorney in fact. A PO...
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Who Can Override a Power of Attorney

Who Can Override a Power of Attorney?

7 Jan 2022
The principal is always able to override a power of attorney, although it's feasible for others to hinder an agent from misusing their power. Who is legally enabled to override a POA is subject to the kind of...
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Revocation of Power of Attorney

Revocation of Power of Attorney

7 Jan 2022
A revocation of power of attorney form enables you to change your decision concerning who you’ll want to act on your behalf regarding your personal, health care, business, or legal issues. As the name implies, yo...
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