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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?

Lawyers 98
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3 Steps Young Families Can Take to Build a Financially Secure Future

Credit Corp

Young families looking to achieve financial stability should consider several foundational steps… Click To Tweet. Young families looking to achieve financial stability should consider several foundational steps early on. Pay Off Personal Debts. Start Budgeting. Save for a Down Payment on a House.

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Raising Elder Fraud Awareness to Prevent Real Estate Scams

Fico Collections

All too often, elders today are the targets of residential real estate fraud and scams. All too often, elders today are the targets of residential real estate fraud and scams. Scammers capitalize on a hot real estate market. However, the hot real estate market has been a stark contrast to many seniors’ cooling personal finances.

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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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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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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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What Property Can I Keep After Filing for Bankruptcy?

Sawin & Shea

When this occurs, it will then be up to a judge to decide whether the property you are claiming is truly exempt and protected. We simply structure a plan to pay what the law requires. This is because instead of selling property to pay back creditors, a repayment plan will be decided upon based on what you can afford to pay.