How to Set Up a Trust
A trust is created when the trustor, grantor, or settlor transfers property to the trustee, who will efficiently manage the property for the beneficiaries. A trust is one slice of a comprehensive estate plan, partnered…
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What is a Receiver and What Do They Do?
A receiver is an individual selected by the court to receive power, property, and assets of a firm pending an ultimate decision of a lawsuit. Receivers are chosen by the court, government, or contract. Per…
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Who Starts a Trust
A trust settlor, also known as a grantor, trustor, trust maker, or creator, is the person who creates the trust. When making a trust, they establish which property of theirs they will grant to the…
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Types of Guardianships
Guardians are appointed by courts to aid a person with their financial needs. The most common types of guardians and the ones you’ve probably heard about are guardians of minors. The minor they are aiding…
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Texas Probate Surety Bonds
County courts in Texas require probate surety bonds when the court appoints someone to handle a deceased person’s estate or often when a will names someone as an estate executor. These bonds are required to…
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A Property Title Can Impact Whether It Goes Through Probate
How your property is owned can have a very large impact on whether it has to pass through probate in order for it to be passed down to your estate beneficiaries. If a property is…
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Naming Beneficiaries on Accounts Keeps Them out of Probate
Going through probate can be a long process. But it’s not always necessary if you properly plan ahead. For example, not all bank and retirement accounts have to go through probate. If you name a…
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Joint Tenancy Can Keep Property Out of Probate
Passing estates through the probate process can cost you and your estate a large amount in fees while causing your loved ones to have to wait until the resolution of the process to receive the…
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No Caps on Appeal Bonds Can Have Unintended Consequences
When you wish to appeal a civil judgment in New Jersey, in order to stay enforcement of that judgment, you have to post an appeal bond. But in order to post an appeal bond, your…
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