Posts by ThriveAdmin
The Fulfillment of Giving: Charitable Planning Explained
Charitable planning is the process of organizing one’s giving to maximize benefits for both the recipient and the donor. It is an essential aspect of personal finance and estate planning, yet often overlooked. People engage in charitable giving for various reasons. Some do it to make a difference in the lives of those in need,…
Read MoreCommon Issues and Challenges in Estate Probate
Navigating the probate process can often be complex and emotional. Following a person’s passing, the estate probate process is vital in ensuring the orderly distribution of assets. However, it can also present challenges and pitfalls, leading to delays, disputes, and increased costs. The process is best handled by an estate probate attorney who can manage…
Read MoreUnderstanding Trust Administration: A Step-by-Step Guide
Managing assets can be a daunting task, especially when it’s related to estate planning. Trusts are an essential part of this process, offering a flexible way to distribute assets to benefit an individual’s chosen beneficiaries. The administration of a trust involves many complicated duties and responsibilities. In this blog post, we break down trust administration…
Read MoreHow To Minimize Delays in the Probate Process
After the passing of a loved one, families must start the probate process to distribute the deceased’s assets to their rightful beneficiaries. In some probate cases, a comprehensive estate plan from an experienced estate probate lawyer or a small estate with few hurdles can make the probate process more efficient. However, other probate cases involve…
Read MoreThe Role of a Living Will in Your Estate Plan
Creating a solid estate plan involves more than distributing assets and property. One must also consider one’s healthcare and end-of-life care preferences, especially in case they are incapacitated or unable to communicate their wishes later on. To mitigate this, a living will ensures one’s wishes are honored. However, not all individuals understand what living wills…
Read More