As someone who is concentrating on working hard and accumulating wealth that you can pass on to children, a spouse and other relatives, your death may not be a regular topic of thought. You may have completed a lot of insurance documents and feel confident that nothing further should be done, assuming your relatives will all work together to smooth out financial issues when you die. You might not even imagine probate problems could plague loved ones; to ensure that’s not the case, attention to these pointers could save them legal problems and trouble.…
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Being appointed as the personal representative (or executor) of an estate is an extreme honor, and a big responsibility. You can help yourself get up to speed quickly by learning about some common estate-related documents ahead of time. Read on for a quick look at some commonly used pieces of documentation.
What you will encounter and when
If you understand where these important documents fit into the estate process, it can give you a platform to predict what you will encounter and when you will come into contact with certain documents.…
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If you can no longer work at your job because of a medical or mental condition, you may qualify for Social Security Disability benefits. This government-run program uses funds that you and everyone else has had deducted from their pay checks to provide you with some financial relief on a monthly basis. The application process for benefits can be long and complicated, however, and even when things go perfectly it can seem to take a long time to finally be approved.…
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