3 tips for unmarried couples to consider during estate planning

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While marriage is an age-old practice for most couples, not all partners may be willing to go down the aisle. There are many people who decide to settle down and start a life with someone else without going through a formal marriage. Therefore, it’s important for unmarried couples to have a proper estate management plan. The law doesn’t have a default setting for defining unmarried partners in all available contexts. This is why a more reliable strategy is for couples to work with a wills and estates lawyer when deciding how assets will be distributed to beneficiaries.…

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Should You Draw Up a Will When You're Young? Here's Why You Should

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When someone mentions the word ‘will’, most people associate the document with older people or individuals who own vast amounts of wealth. For this reason, most young people don’t write their last will and testament. Instead, they wait to get to their 40s and 50s to start looking for an estate lawyer. Unfortunately, life isn’t always certain. It’s essential to protect your loved ones and ensure they are provided for in the event of your death.…

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A Guide to Prenuptial Agreements

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A prenuptial agreement determines how a couple will divide property in case of separation or divorce. Read the article below to learn how you can create a prenuptial agreement.  Disclosures Both parties should disclose their property, assets and liabilities. These should include joint property, individual property and their inheritance. The contract should clearly define what the couple considers to be marital property. For example, property from a previous marriage may or may not be included as joint property.…

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