What Happens If I am Alive But Cannot Communicate?

What Happens If I am Alive But Cannot Communicate?

Contemplating incapacity can be as anxiety-inducing as thinking about death. The following estate planning tools can ensure that you do not end up in legal limbo due to a mental or physical disorder that renders you unable to manage your affairs or make decisions. A...
Planning a Barbecue Is Like Planning Your Estate

Planning a Barbecue Is Like Planning Your Estate

Planning a Barbecue Is Like Planning Your Estate For many, the Summer signals the beginning of summer and enjoying warm-weather activities, including backyard barbecues with friends and family. Although a cookout may be an informal affair, planning is crucial to its...
Remodeling a Home in a Trust with a Home Equity Loan

Remodeling a Home in a Trust with a Home Equity Loan

Homeowners may place their property in a revocable living trust (i.e., a living trust) to avoid probate. Placing property in a trust makes the trust the legal owner of the property, which requires drafting a new deed in the trust’s name. A home equity loan (also known...
What is a Limited Liability Company?

What is a Limited Liability Company?

An LLC is a business structure that can own many types of accounts and property. The LLC is owned by members who contribute money or property to the LLC. You can have a single-member-owned LLC or a multimember-owned LLC. If there is more than one member, management of...
How to Manage Expectations if You Should Win the Lottery?

How to Manage Expectations if You Should Win the Lottery?

Manage expectations. If your lottery winnings have substantially increased your wealth, you may discover that your popularity has also grown. Some family members, acquaintances, and scammers are likely to want a piece of your winnings. Do not feel pressured to do...