Essential Ancillary Estate Planning Documents in 2025: What They Are and Why You Need Them
Safeguard Your Future with Key Documents What if a sudden illness left you unable to make medical or financial decisions? Without the right documents, your loved ones could face chaos and court intervention. For every American, ancillary estate planning documents are vital complements to wills and trusts, ensuring your wishes are honored during incapacity. At… View Article
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The Retirement Savings Gap: Why 58% of Americans Are Behind in 2025
Is Your Retirement Savings on Track? Picture this: You’ve saved diligently for years, but inflation and unexpected costs leave you short of the $1.46 million needed for a comfortable retirement. For most Americans, this “retirement savings gap” is a harsh reality—58% of Americans feel behind, with median savings at just $88,000. At Davenport & Associates,… View Article
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The Two Biggest Problems Avoided with a Sound Estate Plan
Don’t Let These Risks Derail Your Legacy Imagine your family facing court battles and frozen bank accounts after your passing—all because you didn’t have a simple estate plan. For the majority of Americans, this is a real threat. At J. Davenport Legal, we help you avoid these pitfalls with straightforward tools like wills and trusts…. View Article
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What Is a Lady Bird Deed? Advantages for Estate Planning in 2025
Protect Your Home Without Losing Control Picture someone approaching retirement who wants to pass their family home to heirs without probate’s hassle, all while keeping full control to sell or refinance if needed. This is the power of a Lady Bird Deed. For our clients, it’s a simple tool to avoid court delays and costs…. View Article
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Unlocking Home Equity: A Key Trend in 2025 Retirement Planning
Turn Your Home into Retirement Income Imagine retiring with a $500,000 home, only to face rising costs that threaten your savings. For couples over 50 with $250K+ in assets, your home is a powerful tool to secure retirement. Yet, 70% of Americans lack a plan to leverage it, risking financial strain. At Davenport & Associates,… View Article
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Funding Your Trust: How to Transfer Assets Like Real Estate in 2025
Don’t Let Unfunded Trusts Undermine Your Plan You’ve created a revocable living trust to protect your legacy, but without funding it, your assets could still face probate delays and costs. For many Americans, this oversight is common—70% of Americans lack a complete estate plan, risking family disputes and tax losses. At J. Davenport Legal, we… View Article
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