Wills vs. Trusts: What You Need To Know
Wills and trusts are two common types of legal documents that are used in estate planning. It is important to understand what each document does and when it should be used. Learn more about the differences and similarities of wills vs. trusts today.
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Why Joint Tenancy Can Be Problematic
When making decisions regarding your property after you are gone, there are many options to consider. One of those considerations is whether to hold property in joint tenancy with a spouse or other individual, such as a child or a friend. Joint tenancy is where two or more people own property or accounts together and […]
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Two Things To Know About Elder Abuse
Growing older shouldn’t mean that things get harder. The reality, though, is that growing older can be difficult. Prejudices like ageism can make growing older difficult. Something that can make growing older even harder is elder abuse. According to the National Council on Aging, “one in 10 Americans aged 60+ have experienced some form of […]
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Dangers of DIY Wills
DIY wills are incredibly prevalent on the internet. It can be tempting to just download a premade template and create your will yourself in order to save some money. However, there are many risks that are associated with using DIY wills rather than creating your will with professional guidance. In most cases, these risks can […]
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Why You Need to Plan for Your Health Care Power of Attorney
Life is, for better and for worse, full of the unexpected. An accident or life-altering event could render you unable to express or make medical decisions for yourself. With a well-designed health care power of attorney, you will be able to obtain peace of mind and be confident that your well-being is handled according to […]
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Tips for Estate Planning with Children
When you have children, your entire world changes. You do everything in your power to keep them safe and to protect them from harm. Though it is hard to think about a future for your children if tragedy takes you away from them, it is important to protect them. Our team at Stevenson Smith Hood […]
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