Originally published: May 9, 2024 | Last updated: April 2, 2026 TL;DR: A testamentary trust forms through your Will to start functioning after you pass away. The three main types of trusts consist of trusts which safeguard minor beneficiaries’ assets until they become adults and pet trusts which provide ongoing financial support for animal care […]
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Originally published: October 29, 2020 | Last updated: March 26, 2026 TL;DR: A complete estate plan requires five documents: (1) a Last Will and Testament, (2) a Financial Power of Attorney, (3) a Living Will with Healthcare Proxy and Advance Directives, (4) documented funeral wishes, and (5) an inventory of assets. You do not typically […]
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Originally published: September 4, 2020 | Last updated: March 19, 2026 TL;DR: The destiny of your reward points together with airline miles after you pass away depends on the specific rules which each loyalty program has established. The beneficiaries of American Express can request their one-time redemption. Chase and Wells Fargo forfeit points. American Airlines […]
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Originally published: April 3, 2020 | Last updated: March 12, 2026 TL;DR: During the COVID-19 crisis, USLegalWills.com offered free Wills and Power of Attorney documents to frontline healthcare workers who were risking their lives to keep communities safe. The pandemic emergency demonstrated every person needs to establish a Will and Power of Attorney and Living […]
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Originally published: January 10, 2020 | Last updated: March 5, 2026 TL;DR: You must create a brand new Will whenever you want to update your document because you should avoid using handwritten changes or codicils. You need to update your will after any major life event which includes getting married or divorced or having a […]
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Originally published: September 26, 2019 | Last updated: February 26, 2026 TL;DR: You do not need a lawyer to write a Will. Every US state allows you to prepare your own. Online services like USLegalWills.com ($49.95) produce a document word-for-word identical to a lawyer-prepared Will ($500–$1,000+). The 10 key advantages: it is affordable, convenient, educational, […]
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Originally published: September 11, 2019 | Last updated: February 19, 2026 TL;DR: A Last Will and Testament functions as a legal document which directs how your estate will be distributed while allowing you to choose your Executor and child Guardians. All adults need to have one because state intestacy laws take control of their entire […]
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Originally published: April 2, 2019 | Last updated: February 12, 2026 TL;DR: The total price of a Will varies from free to more than two thousand dollars but the cost does not guarantee superior document quality. Free blank-form kits do not fulfill legal requirements which makes them insufficient. Users of free online services have their […]
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Originally published: February 19, 2019 | Last updated: February 5, 2026 TL;DR: New parents must start their estate planning work without delay because they need to give it their full attention right away. The three most critical steps are: (1) name a guardian for your children in your Will, (2) set up a children’s trust […]
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Originally published: February 15, 2019 | Last updated: January 29, 2026 TL;DR: The legal duties of an Executor require them to find all property left by the deceased person while they must handle debt and tax payments and return submissions and estate distribution according to the Will. The organization allows you to reject your assigned […]
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