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This article is intended for educational purposes only and is not legal advice. Furthermore, once established, they may require ongoing attention, including funding the trust, updating your beneficiary designations, and ensuring legal compliance, depending on their complexity and your desire for change.
This article is a Year 4 update of those predictions. Here's a snippet from my March 2020 article: Nvidia dominates the market for discrete graphics processing units (GPUs) -- the key component in graphics cards for desktop computer gaming. This topic is a huge one and deserves its own article. of this market.
This article is intended for educational purposes only and is not legal advice. It's a legal arrangement that designates a trustee to manage the assets for beneficiaries, which can include you, by the way. Keep it among yourselves Living trusts are legal documents, but they are not public information. Don't want that?
This article is intended for educational purposes only and is not legal advice. A hidden benefit I can appreciate A living trust is a legal arrangement that allows you to pass assets on to other people. Probate is the legal process of confirming a will's validity. But it's an important thing to do nonetheless.
This article is intended for educational purposes only and is not legal advice. When you get to avoid probate A living trust is a legal arrangement that allows you to retain control of your assets while you're alive and pass them on to your heirs. Probate is the legal process of proving that a will is legitimate.
This article is intended for educational purposes only and is not legal advice. A living trust is a legal agreement you can establish during your lifetime, and also, control during your lifetime. Probate is the legal process of proving that a will is legitimate. Image source: Getty Images.
This article is intended for educational purposes only and is not legal advice. They're also both important legal documents that can go a long way to ensure your wishes are met when that time comes. The latter is a legal document in which you lay out how you want your assets distributed when you die.
This article is intended for educational purposes only and is not legal advice. You'll avoid the intestacy laws While wills still must clear probate in many states, a last will and testament provides vital legal documentation on dividing your assets and possessions the way you want. Here are three reasons.
This article is intended for educational purposes only and is not legal advice. Some big advantages to a living trust Also known as a revocable trust , a living trust is a legal document that fulfills many of the same purposes as a traditional last will and testament. Image source: Getty Images. First is the initial cost.
This article is intended for educational purposes only and is not legal advice. You can control your assets and change your mind as needed A living trust is a legal arrangement that allows you to pass assets on to other people. For guidance on your personal situation, please contact a lawyer. Image source: Getty Images.
This article is intended for educational purposes only and is not legal advice. See, the will I put together is a valid legal document. For guidance on your personal situation, please contact a lawyer. Writing a will was, frankly, one of the more depressing things I had to do as an adult. But I knew it had to be done.
This article is intended for educational purposes only and is not legal advice. A benefit that means a lot to me A living trust is a legal arrangement you can use to transfer assets to your loved ones. For guidance on your personal situation, please contact a lawyer.
This means I filed Articles of Incorporation with my state as well as some forms with the IRS to specify that I wanted to operate my company as a specific kind of corporation called an S-corp. You are not required to hire a lawyer There is no requirement that you hire legal help to assist you with the incorporation process.
This article is intended for educational purposes only and is not legal advice. A last will and testament is indeed a useful and binding legal document, long a traditional means for allocating assets, assigning guardianship for minor children, and specifying other last wishes. But is it the best way?
This article is intended for educational purposes only and is not legal advice. It can also be overwhelming to work through your legal options for passing assets on to your heirs. For guidance on your personal situation, please contact a lawyer. Estate planning is not an easy thing to do.
Senators support marijuana banking reform In an article on Friday, cannabis-focused news site Marijuana Moment described how the Secure And Fair Enforcement Regulation (SAFER) Banking Act has bipartisan Congressional support, and could be passed in the coming months. Time to buy marijuana stocks?
This article is intended for educational purposes only and is not legal advice. In some cases, having legal oversight during the distribution process can be helpful because it ensures fairness and transparency. But a living trust is usually exempt from probate because of the legal ownership of assets within the trust.
This article is intended for educational purposes only and is not legal advice. During probate, a court will verify that a will is valid and legally binding (i.e., For guidance on your personal situation, please contact a lawyer. Despite its importance, estate planning isn't the easiest process. That's the downside.
This article is intended for educational purposes only and is not legal advice. It can be complicated and fraught with legalities and emotional issues that can make even the most straightforward processes murky. For guidance on your personal situation, please contact a lawyer.
This article is intended for educational purposes only and is not legal advice. The benefits of a living trust over a will A living trust is a legal arrangement that allows you to pass on assets to the beneficiaries you designate. For guidance on your personal situation, please contact a lawyer.
This article is intended for educational purposes only and is not legal advice. If you're not familiar with a living trust , it's a legal agreement that allows you to transfer assets to other people. For guidance on your personal situation, please contact a lawyer. If your estate is pretty simple, that may be the best option.
This article is intended for educational purposes only and is not legal advice. But is this legal instrument truly the optimal method for passing on your inheritance to your loved ones and your cherished causes? Common tasks can include financing the trust, revising beneficiary designations, and guaranteeing legal conformity.
According to an article from The Wall Street Journal , the United States is entering a potential retirement boom. These legal documents specify precisely what's done with your assets in probate following your death. That's not just money and property -- it can also name beneficiaries or legal guardians for underage children.
This article is intended for educational purposes only and is not legal advice. That's because a thoughtfully crafted living trust ensures your estate passes securely to heirs and avoids legal issues. For guidance on your personal situation, please contact a lawyer.
Otherwise, you will be unable to rent out your investment property legally, leading to fines and potential legal action. Once you have ensured you can legally rent out an investment property, you need to determine the potential rental income and understand the risks involved in owning a rental property.
Under Article 1 of the convention, all contracting parties, which include both Russia and Ukraine, must punish and prevent genocide. Ukraine is effectively accusing Russia of perverting Article 1 to justify the invasion. In its oral arguments this week, Russia pointed out that it invoked Article 51 of the U.N.
Recently, I've spotted several article headlines warning Nvidia (NASDAQ: NVDA) investors to be cautious because its stock's recent big run-up shares key similarities with Cisco Systems (NASDAQ: CSCO) stock's huge run-up in the 1990s before it crashed in 2000 when the dot-com bubble burst. The company went public in 1999.
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Estate planning isn't exactly a fun thing to think about.
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. One of the toughest financial tasks you might have to tackle in your lifetime is deciding what becomes of your assets once you're no longer around.
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. The riches of retirement abroad -- by the beach, in the mountains, in historic cities soaked in sun and culture -- are a dream come true for a lot of Americans.
If you find yourself looking toward retirement with more anxiety than excitement, this article is for you. Think about the last time you saw an article about retirement. A fiduciary is someone who is held to the highest standard of conduct and is legally obligated to act on your financial behalf rather than their own.
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. If you have a family, you may be inclined to take certain steps to protect them financially. One of those might be buying life insurance.
This article is intended for educational purposes only and is not legal advice. Take a legal pad or create a simple spreadsheet and create two columns. For guidance on your personal situation, please contact a lawyer. Image source: Getty Images. A great way to start is the simplest.
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Warren Buffett is known primarily for his incredible investing record. He's led Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) for the S&P 500 over the same period.
This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Having the ability to pass on an inheritance to your loved ones is a beautiful thing. It's a chance to gift those you care about and add value to their life even after you're no longer here.
In addition, 3M's funding requirements for high-profile legal settlements are not precise yet, and there are question marks around its business model and operational execution, not to mention management's track record of meeting its guidance. It all adds up to make Freeport the best mining stock to buy for 2024.
Just as the sun rising in the Eastern sky every day is a fundamental truth, every prominent Social Security article on the internet with a comments section is destined to be filled with claims that the program's shaky foundation is the result of "Congress stealing trillions from Social Security and not paying interest on what they've taken."
3M's challenges In a previous article , I discussed the company's outlook for 2024 while outlining management's poor track record of meeting sales guidance. Meanwhile, the bears will point to the company's lackluster growth history, disappointing 2024 guidance, and failure to generate meaningful margin expansion over the years.
Forming an LLC or other legal business entity If you want to make your business "official" in the eyes of the law, you need to form a limited liability company (LLC), S Corporation, or other legal business entity. That's the big step that banks will need you to take, so your business has its own legal identity for tax purposes.
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In this article, three Motley Fool contributors discuss Alphabet's prospects and how investors should react. Neither of those options is favorable, as they could mean paying tens of billions of dollars in fines and legal settlements. So, what does this all mean for Alphabet and its stock? Image source: Getty Images.
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Still, legal and regulatory challenges are a real threat to Bitcoin's future operations. Why those dark clouds don't terrify me That's just about the largest disclaimer I've ever included in an article -- because I'm making such an audacious price prediction. Image source: Getty Images.
Nvidia will make increasingly more money the closer driverless vehicles get to being legal across the United States In 2029, I don't think fully autonomous vehicles will be legal across the U.S., The closer we get to legalization across the U.S. but that they will be close to being so. Emphasis mine] 4.
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