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Estate Planning

Estate Planning for Pets

pet trust

In 2007, American businesswoman Leona Helmsley died, leaving $12 million to her dog via a trust. It made for a funny news story, but behind the humor lies an important question: what happens if you predecease your pet? Roughly 65% of Americans own pets, so it’s an important question. Trusts are the best legal option you have if you would like to have control over how your pet is take care of. To set up a pet trust, you should contact an estate planning attorney. Trusts for Pets Pet trusts can get pretty complicated, but there are seven things you definitely have to decide...

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Celebrate Thanksgiving with Holiday Estate Planning

Surviving the Extended Family Holiday Dinner Thanksgiving and the winter holidays are some of the best times to bring families together. Why not take that together time to consider your family’s options for the future? Estate Planning doesn’t have to be difficult, and The Siegel Law Group, P.A. is here to help you every step of the way. While you’re off celebrating the most wonderful time of the year, here are some helpful tips to keep in mind to ensure that you have a plan for your family: When evaluating your assets, remember that no item is too small for family discussion. The...

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Managing Your Digital Assets

Death is a topic that most people try to avoid talking about. But with the rise in social media over the past decade, many might wonder, “What happens to my Facebook profile when I die?” It can even be said that one may question where their most treasured Facebook photos end up, or who will have access to their accounts after they’ve passed. In a world that relies heavily on the Internet and social media interactions, each year this question becomes more frequent. So, where does all of your personal information go when you die?  How do you protect your...

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Estate Planning for Business Owners

Owning a business comes with risk. So as a business owner, it’s important to have a clearly defined succession plan and protected assets. Though many of our clients are business owners, very few have a well though-out, clearly outlined plan. It’s often hard to consider something that seems so far in the future, or even completely unlikely, but it’s never too early to be prepared and to protect your family. Buy-Sell Agreement One of the suggested Estate Planning tools for business owners is a Buy-Sell Agreement. This written agreement outlines that in the event of a specified occurrence such as death, disability,...

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