Estate Planning

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trust fund kid meaning

trust fund kid meaning

A trust fund kid is someone who benefits from a trust fund set up by their family. This financial safety net can sometimes lead to stereotypes of privilege and entitlement.

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children per stirpes

children per stirpes

“Children per stirpes” is a legal term that determines how an estate is divided among descendants. This method ensures that each branch of the family receives an equal share, even if the original heir is deceased.

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how to record a deed

how to record a deed

Recording a deed is a crucial step in securing property ownership. To start, ensure all necessary information is included, then submit the deed to the county recorder’s office for processing. Follow these steps to make sure your property rights are protected.

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how to make a trust online

how to make a trust online

Making a trust online can be a simple and convenient process. By following a few key steps and utilizing online resources, you can ensure your assets are protected and your loved ones are taken care of in the future.

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children per capita

children per capita

Children per capita refers to the average number of children per individual in a population. This demographic indicator provides insight into the fertility rates and youth demographics of a country, helping to shape policies and social programs.

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executor of estate percentage

executor of estate percentage

The executor of estate percentage refers to the fee charged by the individual responsible for managing a deceased person’s estate. This percentage can vary depending on the size and complexity of the estate.

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phrase god speed

phrase god speed

God speed is a powerful phrase derived from Middle English meaning may God prosper you. It is often used to wish someone success or safety on their journey.

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How do I organize my estate documents?

How do I organize my estate documents?

Organizing your estate documents is like putting together a puzzle – each piece plays a vital role in safeguarding your legacy. With a clear system in place, you can ensure your loved ones have access to important information when they need it most.

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what is probate inventory

what is probate inventory

Probate inventory is a detailed list of all assets and liabilities of a deceased person’s estate. It is crucial for the legal process of distributing the estate to beneficiaries.

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who gets my money if i die without a will

who gets my money if i die without a will

When you die without a will, your assets will be distributed according to the laws of intestacy. This means that your money may go to distant relatives, rather than the people you intended. It’s important to have a will in place to ensure your wishes are followed.

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probate without a lawyer

probate without a lawyer

When dealing with probate without a lawyer, it’s important to be organized and diligent. From understanding the legal process to filing paperwork correctly, taking on probate solo requires attention to detail and patience.

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