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Protect Your Valuable Assets with a Family Trust

Credit Corp

Having a family trust avoids this judicial process and is one less worry for your children. Without a family trust, your children will have to pay attorney fees and other administrative expenses from their inheritance. Elvis Presley’s estate was worth over $10 billion. What Is a Family Trust? Benefits of a Family Trust.

Lawyers 98
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6 Sure Fire Ways to Start Building Generational Wealth

Credit Corp

Whether you call it family wealth or family money, setting financial goals is essential for leaving a legacy. For example, a person has an amount of three months worth of expenses in a savings account. This person can live for three months without working before running out of cash. Wealth is not necessarily money.

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Estate Planning 101: Why You Should Start Now

Credit Corp

Estate planning is commonly viewed as a dry subject that most people lack interest in or postpone tackling until much later in life. Estate planning is one of those things we think is better to tackle during our retirement. Tackling your estate planning needs now will alleviate a lot of undue stress.

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What Assets Do You Lose in Chapter 7?

Sawin & Shea

To fully gauge what you may lose, it’s best to get in touch with a bankruptcy attorney who can give advice and guidance as you undergo your bankruptcy filing to discuss your personal assets. Fortunately, the vast majority of those filing are able to keep all of their possessions. What Is Chapter 7 Bankruptcy?

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The Importance of Up-to-Date Estate Planning During COVID-19

Fraser

For many people, this has sparked a renewed and urgent interest in estate planning, including creating, updating and/or finalizing estate planning documents. For those who have been holding off on estate planning, the uncertainty of the current moment should serve as motivation to act. Is Your Trust Funded?

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Cost Optimization for Healthcare Clinics

Nexa Collect

Healthcare clinics that wish to succeed in today’s competitive market must strive not only to provide quality care while keeping up with the continual technological advances of such a fast-paced and innovative industry but also to ensure they are managing their costs effectively. How can clinics make sure that they are spending wisely here?

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

The FSB also plans to harness the benefits of digital innovation while managing its risks. Hsu delivered remarks at an event hosted by the University of Michigan School of Business, titled “What Should the U.S. Banking System Look Like? Diverse, Dynamic, and Balanced.” Hsu discussed whether the current U.S.