KidsSecure™ Planning is enhanced planning Parsons Behle & Latimer uses to give you extra peace of mind when you have young kids and teens. If both parent die, children can be placed in the state’s custody until guardianship is sorted out.  Certainly this result causes additional trauma to children who have just lost their parents.  This result is more likely to happen if  (1) no one knows where your estate planning documents are, (2) no one knows who is appointed as a guardians of your children, or (3) your family, and in particular your guardians, live out of the state or the.

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Do you have the proper business formation and planning in place? Are key agreements in place? What will happen to your business if something happens to you? Will the transition be smooth or could it have? Does you business succession plan contemplate the tax consequences of your

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Trust Administration: When a loved one dies and they have a trust, the trustee will need to undertake trust administration. At Parsons Behle & Latimer, as part of our estate planning, we provide a successor trustee information regarding their duties, and offer to hold a family meeting to discuss trust provisions and trustee obligations with the family. Parsons Behle & Latimer also assists with trust administration.  Certain legal requirements and deadlines must be met when administrating a trust.  These requirements and deadlines can differ depending on the terms of the trust, the state law governing the trust, the age of the beneficiaries and the.

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What will happen to your hard-earned assets when you pass away? Will they go where you intend them to go? Will your children or heirs be forced to go through probate and/or incur unneeded expenses and taxes? Do you have a plan in place if you are incapacitated? Does your plan minimize court and government involvement? Do you have your health care agent appointed and your health care wishes documented? Does your estate planning reflect your values and wishes? Are special family circumstances addressed so that your money is protected and used as you would wish?

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