Next of Kin vs. Beneficiary; what's the difference? Two essential terms in the world of estate planning are "next of kin" and "beneficiary." While they are often used interchangeably, they…
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Dear Shade, I am an adopted child, and my parents are aged. My parents told me they invested a huge amount of money in my favourite uncle’s business, so he’d…
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Dear Shade, I am a 29-year-old software developer. Proudly, I tell computers what to do. I wouldn’t say I’m Elon Musk-rich, but to a certain extent, I’ve made some money…
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Dear Shade, My name is Kamsi, and I am an 18-year-old undergrad. We lost Dad six months ago and my uncles, Dad’s brothers, who used to be nice to us…
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Imagine the smile on the face of your child, looking directly at you, and wearing that beautiful school graduation gown- That look is priceless! One of the ultimate goals of…
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Powers of attorney are voluntary delegations of authority by the principal to the agent. The principal has not given up his or her own power to do these same functions,…
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A trust fund is a legal entity established for the purpose of holding assets for the benefit of specific people, or even for an organization. Children are frequent beneficiaries of…
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A legal will cannot—and thus does not—control everything. When it comes to estate planning, there are several types of documents that already name your designated beneficiaries. Thus, your will does not control:…
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Valid last wills can provide for: Appointment of an executor of the estate. The executor should be someone you trust to administer the estate and follow what the will provides.…
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Dear Shade, I am a single mother and for the past 6 years, I have been raising my child alone. I vowed to do whatever I can to give my…
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