29 May Choosing Between a PC and an LLC

If you are a lawyer, doctor, or accountant starting your own practice, one of the earliest decisions you will need to make is the type of business entity you would like to form. There are the well-known traditional options, such as incorporating. But those tend to be expensive and to...

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24 May Wrapping Up Your Virtual Affairs

Most people have at least a vague idea about the importance of properly wrapping up their loved ones' real world affairs after they die. Transferring the ownership of the house. Closing the bank accounts. Selling the car. The rules and procedures for doing these things have been in development for...

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22 May Different Gifts for Different Children

In the short time I've been writing this blog, the "Dear Prudence" advice column on Slate has published two times. And both columns included letters from people seeking advice about death and estate planning. These letters illustrate how common it can be for an estate plan to raise difficult emotional...

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20 May How badly should I want to avoid probate?

One thing that people often feel strongly about when they begin the estate planning process is that avoiding probate should be a high priority. It's not always clear that their conviction about this is matched by an accurate understanding of what probate is, but they've heard from friends and family...

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