Wills vs. Trusts: A Quick & Simple Reference Guide

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Confused about the differences between a will and a trust?  If so, you are not alone. While it is always wise to contact experts like us, it is also important to understand the basics. Here is a quick and simple reference guide: What a Revocable Living Trust Can Do – That a Will Cannot Avoid conservatorship and guardianship. A revocable …

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Selling a Deceased Loved One’s Real Estate: Things You Need to Know

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After the death of a loved one, such as a parent, there are a variety of tasks that must be handled to wrap up your loved one’s final affairs. Selling your deceased loved one’s real estate is one of the more daunting ones. But before you call a real estate agent, you should take some time to get familiar with …

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Athletes: Your Game Is Not the Only Thing That Needs a Winning Strategy

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In sports, success frequently brings significant monetary compensation. While this is a dream come true for most individuals, it is important to take the right steps to safeguard this hard-earned money. Most people assume that the biggest challenge is spending beyond one’s means. While this can cause many problems, it is not the only issue that athletes need to be …

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Ask Cari: What Should I Do Immediately After A Loved One Dies?

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If you are interested in asking Cari a question to be promoted on her YouTube channel or on her podcast, Ag Law Today, please email Cari Rincker at cari@rinckerlaw.com with Ask Cari in the subject line.  Your identity will remain anonymous.  Cari’s answers are for informational purposes only and should not be considered legal advice.

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Cari’s Checklist on What to Do if a Loved One Dies

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Besides contacting Rincker Law or your probate attorney, there are a few things to keep in mind when a loved one passes.  I posted my checklist on JD Supra here.

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The Top 2 Ways the Court Gets Involved in Your Estate, and How to Avoid Them

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No one wants unnecessary court involvement in their life. But without careful and proactive estate planning, chances are that some aspect of your estate will end up being decided there. Here are two of the most common ways court proceedings can make their way into the management and distribution of your assets, along with the estate planning measures you can …

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Tips for Working with an Estate Planning Law Firm: Get the Most Out of Your Work with Your Lawyer

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When you hire an attorney for estate planning, help with a loved one’s estate, or any other legal matter you want to make sure that the work gets done as quickly as possible and at the best possible value.  Here are some tips to have the most useful and value-oriented law firm experience. Get to know the lawyer and the …

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What To Do After a Loved One Dies

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If you’ve been appointed an executor of a loved one’s estate, or a successor trustee, and that person dies, your grief – not to mention your to-do list, including tasks ranging from planning the funeral, coordinating relatives coming in from out of town and (eventually) meeting with a trust administration or probate lawyer – can be quite overwhelming. First and …

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Ask Cari: Can You Bequeath Your Frequent Flyer Miles?

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If you’re a frequent airline traveler, one of your estate planning concerns may be what will happen to your accumulated miles once you’re gone. They could be worth thousands of dollars, so you probably don’t want them to just disappear, but some airline policies say that’s exactly what will happen. The law doesn’t consider airline miles assets that can be …

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3 Tips for Overwhelmed Executors

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While it is an honor to be named as an executor of a will or estate, it can also be a sobering and daunting responsibility. Being an executor (sometimes called a personal representative) requires a high level of organization, foresight, and attention to detail to meet responsibilities and ensure that all beneficiaries receive the assets to which they are entitled. …

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Ask Cari: Does My Estate Plan Need to Include My Vacation Property?

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Yes! If you own a vacation home, timeshare, investment property, or any other asset outside of the state where you are domiciled you must make sure it’s included in your estate plan. If you fail to include these in your estate plan, or fail to have an estate plan at all, your heirs will encounter issues, and usually the expense …

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Using Wills and Revocable Living Trusts for your Farm’s Estate Plan

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Last week’s blog post focused on succession planning– this post will focus on farm estate planning by using wills and trusts (both equally important and can be easily confused).  Let’s first look at the advantages and disadvantages of a will.  A big advantage of a will is that it can be changed or revoked until the testator loses capacity to make, change, …

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