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| Articles by Jim Turner |
11. Should I Use A Revocable Or Irrevocable Trust?
December 26, 2022
To those of you not familiar with trusts, you may have heard the term but aren’t sure what it means. A trust is a legal relationship in which one party, called the trustee, manages assets for the benefit of another party, called the beneficiary.
There are different types of trusts, includin...
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12. What Is The Difference Between Revocable And Irrevocable Trust?
December 26, 2022
Revocable and irrevocable trusts are two types of trusts. They can be used in estate planning or asset protection, among other uses.
These two types of trusts often get confused, leading to confusion about their purposes. So it’s important to understand the distinctions between them. If you...
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13. The Benefits Of Putting Your House Into A Trust
December 25, 2022
Putting your house into a trust can be beneficial in many ways. It can protect your assets if you have financial problems.
It can make it easier to leave an inheritance to your family and it can even help you take advantage of tax benefits like the home mortgage interest deduction, which wou...
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14. What Is Probate And Does It Affect My Estate Plan?
December 23, 2022
Probate is the legal process of transferring your property to your loved ones after you die.
When you pass away, you leave behind a lot of stuff: clothes, furniture, and even your car. But what about your cash, stocks, and other valuable financial assets? With probate, you can leave those as...
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15. How Probate Works?
December 22, 2022
Understanding probate can help you better prepare for the process. It's important to understand that probate is not a perfect system. It can be quite slow and costly.
Even though probate can often take a year or longer, it is one of the only ways to transfer property after death. While there...
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16. What laws Do Small Businesses Have To Follow?
December 01, 2022
If you own a small business, then you know that it is important to stay in compliance with all of the rules and regulations that affect your business.
You also know that there are many laws that small businesses have to follow, but which ones? To answer this question, we need to look at both...
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17. Probate To Access Bank Account
November 30, 2022
You have received a copy of your deceased relative’s Will. You must now petition the court to grant you access to that person’s bank account.
Probate is the process of proving a will
It involves court proceedings, which can be expensive and time-consuming.
If you want ...
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18. Why All People Are Afraid Of Business Law
November 30, 2022
Business law is a very complex subject, and it's not exactly something that people want to learn. It's hard work, boring, and only applicable in rare cases.
However, there are some good reasons why people don't like business law, and there are also reasons why they should!
Under...
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19. The Myths And Realities Of Business Law
November 30, 2022
Given how much legal knowledge is required to run a business, it’s not surprising that many people wonder if they need a business degree to get started in the legal field.
The short answer: not necessarily. There are many fields within the broader legal industry, and within those fields, the...
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20. 5 Tips To Improve Your Business Law
November 30, 2022
If your business law is not up to scratch, it could be costing you money.
The best way to ensure that you are protected from the consequences of any mistakes is to use a good quality contract lawyer who will make sure that everything is in order from beginning to end.
Here are five t...
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Author: Jim Turner
