Advocacy Library
Our blog offers timely industry news, legal analysis, and updates on emerging issues across a wide range of asset protection topics.
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Keeping Your House Out of Probate
The two main ways to have your house avoid going through probate is having it titled in the name of your living trust or a life estate deed
Is there a way to get around probate?
Living trusts are probably the best-known way to avoid subjecting your family to the hassle and expense of probate court proceedings after your death.
Does probate happen automatically?
Filing for probate is not automatic upon someone's death, but not doing so can have negative consequences.
Which of the following items will pass through probate?
For the most part, assets that you own in your own name will be subject to probate. This can include vehicles, land, houses, bank accounts, investment accounts, stocks, bonds, and business interests. If your name is the only name listed on the deed, title, or account, then the items won’t pass on to your beneficiaries without going through the probate process first.
Personal property that may not come with deeds, titles, or other paperwork, like home electronics, artwork, clothing, and memorabilia are also considered to be assets in your name only, so they will also have to go through probate.
Does a power of attorney prevent probate?
Powers of Attorney (POA) play a significant role in managing someone's affairs while they're alive, but they often have no direct impact on probate.
Why Avoid Probate?
The two main reasons to avoid probate are the time and money it can take to complete. Remember that probate is a court process.
Pros and Cons of Probate
Probate can eat up time and resources that not only delay your loved ones’ receipt of your assets but can also cause great stress in the months or even years it can take to settle an estate.
What is Compliance?
Regulatory compliance is the process of complying with applicable laws, regulations, policies and procedures, standards, and the other rules issued by governments and regulatory bodies like FINRA, SEC, FDA, NERC, Financial Conduct Authority (FCA), etc.
The Basics of Asset Protection
Asset protection is a set of strategies designed to safeguard your wealth from various risks, such as creditor claims, lawsuits, and other financial threats.
How to protect your assets from a lawsuit or creditors
You can plan for asset protection in several ways. The key is to create as many obstacles as possible for creditors before they can legally claim rights to your property.
What is Asset Protection?
Asset protection strategies can legally shield assets from lawsuits, creditor claims or unwanted beneficiaries.
How The Law Office of Stevaughn J. Bush, Esq. Ensures Top-Notch Legal Service
To ensure top-notch service, our firm requires our attorneys’ persistent focus on client satisfaction, continuous improvement, professional development, and brand reputation.
What is Litigation?
Litigation is the process of resolving rights-based disputes through the court system, from filing a lawsuit through arguments on legal motions, a discovery phase involving formal exchange of information, courtroom trial and appeal.
What is a Trust for Legacy Planning? Definition, Meaning & Types
Learn how a trust can help you achieve the financial objectives you envision for your family and legacy for years or generations to come.
Washington D.C. and Maryland Regulatory Compliance Lawyer
At The Law Office of Stevaughn J. Bush, Esq., we have extensive experience helping business owners navigate the web of regulatory compliance. No matter what type of business you own or operate, our team has experience from the most fundamental elements of compliance, to the most complex matters related to regulatory matters.
Washington DC and Maryland Small Business Lawyer
The Law Office of Stevaughn J. Bush, Esq. provides superior legal counsel to small business owners, entrepreneurs and non-profits throughout Washington DC and Maryland.
What is a S-Corp? Definition, Taxes, and How to File
An S-corp is a business structure that allows small businesses to pass income, deductions, and credits directly to shareholders, avoiding federal corporate tax while offering liability protection.
Legacy Planning: What it means, how it works
Legacy planning is a financial strategy that prepares a person to bequeath their assets to a loved one or next of kin after passing. The Law Office of Stevaughn J. Bush, Esq. can your family create a comprehensive plan which secures assets for generations to come.
How to Start an LLC in 7 Easy Steps
Use this seven-step guide to start an LLC today. Note that there are differences in laws and processes from state to state. The Law Office of Stevaughn J. Bush, Esq. can assist you in determining the optimal structure for your business.
What does a small business lawyer do?
A business lawyer is responsible for assisting corporations with legal matters. Their role is to ensure everything done at the company is legal and above board.