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When someone dies, a person called an executor is responsible for carrying out the deceased’s final wishes. Responsibilities include distributing assets to beneficiaries, paying debts and taxes, and winding down any remaining business affairs. The executor must be named in the will or appointed by the court. If you have been named as an executor,
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There are a few key things to keep in mind if you’re considering adopting your stepchild: It’s important to understand the legal process and what it entails. You’ll need to ensure that you and your spouse are on board with the decision. You’ll want to be prepared for the emotional challenges of adopting a child.
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Too often, people put off estate planning for fear of the inevitable death. It’s hard to set aside the time to plan, but not planning leaves much more pressure and stress on your family. Sometimes adding a professional attorney to the conversation can help your parents or loved ones become serious about setting up the
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An LLC is a legal business structure offering its owners limited liability protection. This means that the owners are not personally liable for the debts and liabilities of the LLC. The LLC also has a flexible tax structure, either pass-through or corporate. This makes it an attractive option for small businesses and entrepreneurs. When considering
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