Joint Tenancy is when two people own a piece of property together, and each one has the right of survivorship to that property . The following information is a small subchapter from my book Protecting Your Financial Future. Something as simple as a bad business deal or
To die intestate doesn’t mean dying in the neighboring state or dying without any assets. Dying intestate means to die without a valid will or a trust. A will is the legal instrument that tells the judge how the decedent wishes his/her property or estate to be
It is easy to set up LLC (Limited Liability Company.) LLCs are not only easy to form, their liability protection rivals that of the corporation. LLCs are also easy to manage and give their owners great tax advantages. The important thing is to make certain make the
Avoid Probate – Overview Avoid probate and the time delay and expense if a loved one passes away or becomes incapacitated. Here comes the probate trick. When your bank account is owned by your trust, i.e., it is in the name of your trust, and you die,