The Motley Fool

DECEMBER 23, 2023

This article is intended for educational purposes only and is not legal advice. Two out of three Americans have no estate planning document in place, according to a survey of 2,400 people conducted by YouGov for Caring.com's 2023 Wills and Estate Planning Study. Trusts are also, unlike a will, private documents.

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The Motley Fool

JUNE 22, 2024

The phrase "trust fund" might conjure images of a spoiled teenager, but trusts are powerful legal documents that many people should consider when estate planning. Essentially, an irrevocable trust allows the grantor to still use their assets, while legally making them the property of the trust.

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The Motley Fool

DECEMBER 8, 2023

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.

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The Motley Fool

APRIL 18, 2024

Image source: Getty Images Lots of small business owners might not know this, but the federal government is requiring you to file some new documentation this year. Anyone who owns a small business with a legal entity, like a limited liability corporation (LLC) should pay attention to this new rule.

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The Motley Fool

FEBRUARY 2, 2024

A living trust is a legal arrangement where a trustor (whoever creates the trust) places assets -- whether money, investments, real estate, or whatever -- in a trust to be managed by a trustee for their chosen beneficiaries. Probates are good for legal oversight, but they can be time-consuming, with many taking months or years to complete.

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The Motley Fool

JULY 19, 2024

Legal documentation: Draw up a legal contract that outlines all agreed-upon terms. This document should be drafted or reviewed by a lawyer to ensure it holds up legally and clearly defines the responsibilities of both parties. Confidence in their ability to meet payment obligations is key.

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The Motley Fool

SEPTEMBER 26, 2023

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.

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The Motley Fool

JULY 1, 2024

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. For guidance on your personal situation, please contact a lawyer.

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The Motley Fool

SEPTEMBER 4, 2023

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?

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The Motley Fool

OCTOBER 19, 2024

Instead, gather all relevant documents, including: Account statements: Know exactly how much you owe each creditor. Here is how to do it effectively: Find the right person: You'll need to speak with the appropriate representative within the company to negotiate, which could be someone in the legal department.

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The Motley Fool

JULY 28, 2024

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.

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JMI Equity

JULY 23, 2024

Marking a new era in its growth journey, Clio will continue to expand its multi-product platform, including further investments in its burgeoning AI portfolio and integrated legal payments. For 16 years, Clio has been at the forefront of creating innovative, cloud-based solutions tailored to the unique needs of the legal industry.

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The Motley Fool

AUGUST 6, 2023

The distribution of wealth among beneficiaries through your final will and testament is often a complex and sensitive issue, one that can potentially spark conflicts and legal challenges among family members. Find someone experienced, reputable, and familiar with the nuances of your state and local probate courts.

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The Motley Fool

DECEMBER 6, 2023

Get your paperwork right There are two major types of paperwork involved with a vehicle donation -- the documentation on the vehicle itself and the documentation you'll use to claim a tax deduction. You don't legally have to do this, but until someone else is listed on the title, the vehicle is your responsibility.

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The Motley Fool

JULY 22, 2023

The industries that will be the most affected by AI-driven automation are "office and administrative support" and "legal." The former will likely be the most impacted at 46%, with common tasks such as data entry, scheduling meetings, and document management being taken over by AI automation. Industry Estimated Share of U.S.

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The Motley Fool

JANUARY 22, 2024

Image source: Getty Images Small business owners have to deal with a few different types of legal compliance and document filing requirements throughout the year. But along with forming an LLC, filing annual reports for a corporation, or filing business tax returns, now there's a new one called "BOI."

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The Motley Fool

MARCH 4, 2024

A living trust -- which is sometimes referred to as a revocable trust -- is a legal document that allows a trustor (the person creating the trust) to place assets into a trust that's managed by a trustee for the chosen beneficiary. Seeking advice from a legal professional can offer guidance tailored to your situation.

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The Motley Fool

MARCH 31, 2024

This article is intended for educational purposes only and is not legal advice. That stands in contrast to a will, which is usually processed through a probate court, making it a public document. But is this legal instrument truly the optimal method for passing on your inheritance to your loved ones and your cherished causes?

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The Motley Fool

SEPTEMBER 14, 2024

Because it's over $10,000, the bank is legally required to file a Currency Transaction Report (CTR) and file it with the Financial Crimes Enforcement Network (FinCEN). They file a report because they are legally obligated to. In total, you withdraw $10,100. Your withdrawal is automatically flagged.

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The Motley Fool

SEPTEMBER 11, 2024

Bitcoin was made to store monetary value for the long haul, and its design documents compare this ledger to physical gold. Where XRP might go after overcoming the SEC challenge XRP has long struggled in the shadow of a legal challenge from the U.S. The cryptocurrency did not skyrocket when this legal matter got its final verdict.

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The Motley Fool

AUGUST 8, 2024

We have some of the brightest minds in the legal technology industry, who have a strong ambition to deliver the absolute best products and services to our customers. We have a platform that's highly valued by legal teams and a services organization that provides world-class experiences and outcomes.

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The Motley Fool

APRIL 7, 2024

Featured offer: save money while you pay off debt with one of these top-rated balance transfer credit cards Review your personal documents It's best to begin by gathering evidence if you can't remember which bank you had the checking or savings account through. If you find any, you'll need to file a claim with the state to get those funds.

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The Motley Fool

NOVEMBER 8, 2024

While that shift to subscription revenue is certainly encouraging, I can't imagine that LegalZoom's rather staid business of offering legal documentation and assistance stands in front of any significant growth opportunities. On average, analysts are modeling slightly over $681 million for the entirety of 2024.

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This is going to be BIG.

NOVEMBER 4, 2011

Who doesn't feel like the legal overhead of starting a business is far too costly? Plus, I'd make the argument that Docracy's initial userbase will be people who otherwise wouldn't have went to a lawyer at all, going without documentation or using something probably not appropriate for them.

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The Motley Fool

MARCH 19, 2024

Basically, this is a legal document you pay the homeowners association to prepare before closing. Different parts of the association voted to impose the fines compared with the team that prepared the document. When I purchased my home, I got something called an estoppel. It lists all the outstanding monies due.

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FinSMEs

MAY 16, 2024

Leya, a Stockholm, Sweden-based legal tech startup, raised $10.5M Leya provides a platform offering an AI system that works natively with the documents and knowledge […] The post Leya Raises $10.5M in Seed funding. The round was led by Benchmark with participation from Hummingbird, SV Angel and Y-Combinator.

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The Motley Fool

FEBRUARY 12, 2024

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. Note that for a trust to qualify under section 501(c)(3) of the Code, its organizing document must contain certain language."

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FinSMEs

MAY 8, 2024

Definely, a London, UK-based legaltech company focused on making legal documents easy to read, edit and understand, raised $7M in Series A funding. The round was led by Octopus Ventures, with participation from Cornerstone VC, Zrosk Investment Ltd., and angerls Claire Hughes Johnson, Comron Sattari, Ajay Patel, and Babatunde Soyoye.

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The Motley Fool

AUGUST 12, 2023

It's not uncommon for family members to fight over inheritance, leading to prolonged legal battles and damaged relationships. One suggestion is for parents to include side letters in their wills that are not part of the legal document, which explain their intentions. This message serves as a final message to the children.

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The Motley Fool

MARCH 18, 2024

You don't have what you need to file your return Gathering your tax documents is the first step to filing your return. You could also have other documents related to property taxes , mortgage interest, savings account interest, higher education costs, and so on. It all depends on your situation.

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The Motley Fool

SEPTEMBER 19, 2023

While the software titan inches closer to sealing its $69 billion deal to acquire game studio Activision Blizzard, its ongoing legal battle with the FTC resulted in a trove of internal documents pertaining to Microsoft's Xbox game device were leaked on Monday.

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Private Equity Wire

NOVEMBER 5, 2024

To support this further, CMap completed the acquisition of Atvero in 2023, an AEC-focused document management software. Since the initial investment in 2019, NorthEdge has supported the CMap team to consolidate its market-leading position in the AEC sector, as well as accelerate it’s market presence in the Consulting sector and the US.

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Private Equity Wire

SEPTEMBER 20, 2023

Ontra has launched Ontra Atlas, an entity management solution designed specifically for private investment firms which aims to streamline the organisation and management of legal entities and workflows associated with firm and fund operations.

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Private Equity Wire

APRIL 18, 2024

Private equity investors can access insights on fund and company performance, market and industry updates, transaction activities, outlooks for investments, news on management teams and ESG reporting from documents on Chronograph’s LP platform.

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The Motley Fool

DECEMBER 20, 2023

Granted, a good way to work around this is to set up a legal document at the time of your home purchase detailing what would happen under such circumstances. It's another thing to have to enforce a legal document on your own parents. If you've been struggling to buy on your own, this is an option worth considering.

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The Motley Fool

JULY 31, 2023

Would your family be left with the burden of navigating legal paperwork to distribute your assets? A revocable living trust is a legal document that allows a person, often called the grantor or settlor, to place assets into a trust during their lifetime for the benefit of themselves or others.

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The Motley Fool

FEBRUARY 13, 2024

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.

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