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Estate Planning

Protect Your Digital Legacy

Digital legacy planning with Siegel Law Group.

Are you worried about your digital legacy? Don't leave things to chance, let's work together and start planning now. [contact-form-7 id="4289" title="Protect Your Digital Legacy Lead Gen"] Proper estate planning is important to ensure that last wishes, assets, and accounts are handled properly when you or a loved one passes on. The rise of the internet and social media in the last twenty years has created a new exigence for wills and trusts - handling the digital legacy of the deceased. Without usernames and passwords, it may not be possible to recover some digital assets or access online accounts. A recent, tragic...

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Wills and Trusts: Know the Difference

Wills and trusts in Boca Raton Florida.

The first step to deciding what will happen with your assets at the end of your life is figuring out whether you need a trust or a will. Both trusts and wills are legal documents that name a beneficiary for your property. While they seem to function similarly, each has its own advantages and disadvantages. Therefore, it is important to know the difference, so you can decide which is right for you. Without either of these documents, your assets will be considered intestate, and the courts will decide who should inherit your property. How Does a Will Function? A will, also known...

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What to Know About Leaving an Inheritance

Leaving an inheritance in Palm Beach County.

Why Should I Leave an Inheritance? Leaving an inheritance can be a selfless, sure-fire way to know that your loved ones are taken care of after you pass. We know that it’s not the most pleasing topic to have on your mind, but it’s important to be prepared and to know that you’re not leaving a single stone unturned. Planning out your inheritance can save your family an immense amount of trouble and stress if, and when, that time does come in your lives. Did you know that, statistically, inheritances left for beneficiaries are often completely run through within about 2 years...

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What is a Will and When Do You Need One?

When and why you need a written will in Palm Beach County.

Do you have a will written up? Are your affairs in order in case something unfortunate happens? We know these are hard questions to ask yourself, and even more so, hard things to think about. However, they are necessary to ensure your family and your loved ones are always going to be taken care of. Writing a will is an important and necessary part of life, and we want to make sure you understand why that is. What Does a Will Do? A will is a very important legal document that gives instructions on what to do with your possessions after you...

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Aretha Franklin Dies Without a Will – So What Happens Now?

The world was shocked when we heard the news that The Queen of Soul, Aretha Franklin, passed away. While this is heartbreaking on its own, many people are unaware that she died without ever having created a will. You may think that having a will is only for the rich, someone with children, or a successful business owner, but wills are for everyone. So, what happens if you die without having a will? It all depends on where you live and what your family looks like. So what happens exactly? The State Controls Your Money When you die without a will, you have...

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What Can an Elder Law Attorney Do For You?

What elder law attorneys can do for you by The Siegel Law Group

Whether you’re 9 years old or 90 years old, you’re going to need experienced legal advice at some point in your life. While younger people may need an attorney for a variety of reasons, elder adults tend to need legal advice in regards to estate planning, health care considerations, and issues affecting Social Security and Medicaid, to name a few. Elder adults often need legal counsel for a variety of issues relating to their stage in life. That’s where an elder law attorney comes in! Elder law attorneys are equipped with experience in a multitude of legal practices, however, not all...

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Will Your Estate Plan Work The Way It Should?

Will Your Estate Plan Work The Way It Should? From the Siegel Law Group in Boca Raton

At Siegel Law Group, we understand that estate planning is a process that takes careful thought and consideration. Our team of experts can help ensure that your estate plan works the way it should. Using strategic long-term thinking, the estate planning process can be taken care of seamlessly. Put your trust in the right legal hands. Funding Asset titles must be changed so that the signed estate planning documents can control them to complete the estate planning process. Retitling your assets is known as funding. Funding your trust involves changing the title to assets which may be owned individually, in joint tenancy,...

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5 Estate Planning Myths

There are many myths out there about estate planning and this article will address 5 of them. It is important to recognize that falling victim to any of these misconceptions could leave your family in disarray. Planning ahead will save you and your family lots of wasted time, money, and resources. Myth #1 - Having a Will avoids probate. Often clients believe that because they have a Will that their Estate will not have to be probated upon their passing. In actuality, having a Will is a ticket to the probate court. Plain and simple—any time someone has a Will, it...

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Estate Planning for Persons with Special Needs

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Certain situations require specific plans. A great planning tool that can be used for individuals, families and loved ones with a disability is a Special Needs Trust (SNT). Which, according to the Social Security Administration, disability is defined as “the inability to engage in any substantial gainful activity (SGA) by reason of any medically determinable physical or mental impairment(s) which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than 12 months.” The Special Needs Trust is arranged so the individual with the disability is...

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Why Young Families Need To Have Estate Planning Documents

Young Families

Young couples have lots of “firsts” to look forward to: moving in together, buying a home, getting married, and having children. With all this excitement it is easy to forget the elephant in the room—having an estate plan in place. Young couples often feel invincible and do not want to have to think about all the “what-ifs” of becoming injured or passing away, leaving their children to grow up without them. But that is what estate planning lawyers are for…to protect you from all the “what-ifs” that life may bring. It is important for young couples to have estate planning documents...

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