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While there seem to be several online resources that can easily prepare a fast estate plan and provide relevant documentation, the question however comes in validity and appropriateness of these…
A will is very common. In fact, it is safe to say that a will is the most common component of estate planning which is why most people believe that…
It's always painful to lose a parent. You can find yourself struggling to make funeral plans, or figure out what to do with all their belongings. It can be much…
The average American has over $200,000 in debt, including credit cards, mortgages, and student loans. Most individuals will not have enough to cover both funeral expenses, probate and their outstanding…
Making a good estate plan is like securing your future. This shows the importance of estate planning. However, regardless of how crucial this plan is in the modern world we…
Lack of a valid Will or estate document. Wrong inclusion in a Last Will would do little to help duration of probate proceeding. The process can go on and on…
Now you have created your revocable trust, you look forward to avoiding or minimizing probate. But now the big deal is to determine what assets you should fund into the…
Probate is a legal process undesirable to many. Because of its costs, hassles, and lengthiness, many people seek ways to avoid or minimize it. And one of these ways is…
What is Estate tax exemption? When a person dies leaving valuable estate, the estate may be charged a tax known as estate tax. Notably, not all estates are subject to…
What is generation-skipping Transfer? There is generation skipping when an individual transfers assets by gift or inheritance to a beneficiary who is at least 37.5 years younger than the benefactor.…
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