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When it comes to estate planning, one of the most crucial decisions you'll face is whether to use a revocable or irrevocable trust. Both are powerful tools that help protect your assets, provide for your loved ones, and ensure your wishes are carried out after you're gone.

Probate can be a lengthy and expensive process. When someone passes away, their assets may go through probate, which is the court-supervised procedure of validating a will, paying off debts, and distributing assets. In Alaska, as in other states, many people seek ways to avoid this process in order to save their families time and money.

Setting up a trust is one of the most effective ways to protect your assets, confirm your wishes are carried out, and provide for your loved ones after your death. Alaska offers several unique advantages for individuals looking to establish a trust as part of their estate planning strategy.

In Alaska, there are two primary ways to modify your will: by creating a codicil or by drafting a new will altogether. Each method has its advantages, and the best option for you will depend on the extent of the changes you need to make.

One critical element of estate planning is inheritance tax—an often-overlooked financial burden that can significantly reduce the amount your children or beneficiaries receive. If not addressed, inheritance tax can lead to substantial financial consequences for your heirs.

As we journey through life, accumulating assets, building relationships, and fostering our families, one crucial question inevitably arises: "Do I need a will?" The answer, especially in the state of Alaska, is a resounding yes.

Estate planning is a critical, yet often overlooked, aspect of personal finance and family security. It involves making decisions about how your assets will be managed and distributed after your death, as well as planning for any incapacities that may occur during your lifetime.

Workers’ compensation is a no-fault insurance program to cover medical expenses, lost wages, and other damages for employees who are injured at work or fall ill due to workplace conditions such as toxic fumes or contaminants. The no-fault system signifies that the injured/ill employee cannot sue the employer. In addition, the employer cannot sue the employee.

If you have been injured on the job in Alaska, you may be eligible to receive workers’ compensation benefits. As part of the process of filing a workers’ compensation claim and seeking coverage for your medical needs, you may be asked to submit to an independent medical examination (IME).

We take for granted that we’ll be safe when we go to work each day, but what happens if you start to develop an injury or illness because of chemical or toxic exposure in the workplace? Sadly, this happens to employees all too often, and they’re the ones left to deal with the aftermath.