Multi-State Estate Planning, Divorce & Family Law Blog by Stange Law Firm, PC

A revocable trust, also called a living trust, is a legal document and entity where you can place your assets and assign beneficiaries to those assets. Because the trust is revocable, those assets remain fully in your control throughout your lifetime, and you can change the assets and beneficiaries listed in the trust at any time. A trust is an incredibly useful estate planning tool, and an experienced estate planning attorney can help you determine if a trust is beneficial for you. A trust, like a will, distributes the assets in your estate to your beneficiaries. However, a trust will

Estate plans are an exceptional tool for safeguarding assets, protecting your interests at the end of your life, and ensuring your loved ones receive the most benefits possible from your estate. However, these protections are useless if your estate plan is found invalid or is somehow unenforceable, which is common if it was created without a Midwest estate planning lawyer. These protections can also be impacted by life changes, preventing your wishes from being carried out. It’s important that you continually update your estate plan throughout your life to reflect your current goals and ensure it is enforceable. Most attorneys

Estate planning is important, even though thinking about your own death can be difficult. When you create a proper estate plan, you protect your hard-earned assets, your family, and future generations. Whether you are just beginning the estate planning process or have an established estate plan, it is important to know about various aspects of the system that you and your loved ones may encounter. Probate is a significant aspect of the estate planning system, and it is crucial to understand how it works. Our team at Stange Law Firm offers reliable information for those looking to begin or update

Although it can be uncomfortable to think of your own mortality, it is important to explore estate planning early in life. Many people wait until they reach an advanced age, or are seriously ill, to begin thinking about their estate plans. This leaves your family and loved ones in a state of insecurity. It can cause serious issues for them after you pass. Unfortunately, estate planning often feels confusing, and many people do not know where to begin. However, with the help of an expert estate planning attorney, you can navigate the process with ease. Regardless of your situation, there

Estate planning can be an uncomfortable topic for some people, but creating a comprehensive and legally enforceable estate plan can provide several valuable advantages to your loved ones. For example, in creating their estate plans, many parents wonder whether they should talk about their estate plans with their children. While it can be very difficult to approach end-of-life planning as a subject of discussion with younger children, older Americans with adult children benefit significantly by having honest conversations about estate planning. These conversations may be difficult, and every family has unique dynamics. When it comes to whether you should speak

You can probably find software applications and “free” tools online that claim to allow the average person to create various legal documents, from business contracts to estate plans. While estate planning may not be the most comfortable topic for some people to discuss, it’s an important consideration for anyone who plans to leave behind property and assets to their loved ones after their death. An estate plan is a way to convey your wishes to your family after your death. This may seem simple enough, but a good estate plan requires consistent effort and attention. As your life changes, you

Estate planning may not be the most pleasant topic for some people, but it is crucial for everyone to give this concept the attention it deserves. Spending time and effort building an estate plan as soon as possible can provide financial security and peace of mind to you and your family. In addition, legal counsel you can trust is an invaluable asset if you need to craft a new estate plan or adjust an existing plan after a divorce or other major life event. An experienced estate planning attorney can assess your needs and help you craft the most fitting