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What Happens to a Leased Car If the Owner Dies Before the Lease Term Ends?

After a house, a car is often the second-most valuable piece of property a person owns. About 15–20 percent of new vehicles are leased rather than purchased and financed. Leasing is a popular alternative to traditional financing because it can allow the lessee (the person who leases a vehicle) to drive a more expensive car on a lower monthly payment
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How Far in Advance Should I Begin My Estate Planning

You can create your estate plan at any time, but many people choose to begin the process sooner rather than later.

Estate Planning Awareness Week: The Importance to You and Your Family of Having an Estate Plan

In 2008, Congress recognized the need for the public to understand the importance and benefits of estate planning by passing House Resolution 1499, which designated the third week of October as National Estate Planning Awareness Week. Nevertheless, according to a 2019 survey carried out by Caring.com, 57% of adults in the United States have not prepared any estate planning documents
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Sometimes the Personal Property Memorandum Is the Most Important Part of Your Estate Plan

A personal property memorandum allows you to specifically designate who will receive an item (in your will or trust), but if you change your mind, you can simply create a new personal property memo.

Third-Party Supplemental Needs Trusts

If you want to provide for a loved one who is disabled or has special needs when you are nolonger here, care must be taken to ensure that the inheritance you leave will help rather thanharm your loved one. An inheritance received outright could negatively impact your loved one ifhe or she is currently receiving government aid or benefits or
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