Creditors may be able to make claims on revocable trusts. Many people believe trusts are a magical solution to their estate planning and financial fears.
Spouses may benefit from different estate planning attorneys. Married couples tend to share a lot of things. They often share a home, responsibilities, and finances.
Inherited IRA rules can complicate estate planning. Although some jobs still have pensions, this is increasingly more uncommon. In place of pensions, most people now
Naomi Judd left both wealth and heartache in her death. Success does not mean happiness. Many people who have achieved fame and wealth have died
An irrevocable trust may not be able to escape the capital gains tax. Minimizing taxes is a common estate planning goal. Most people would prefer
Certain wealth transfer could require the filing of a gift tax return. Some people really like giving gifts and do so any chance they get.
Incapacity planning requires valid power of attorney documents. Being picky is not always a bad thing. Purchasing expired groceries can lead to illness. Settling on
Transfer on Death accounts and trusts can be useful for assets bypassing probate. Not all assets are treated the same in estate planning. Some assets
It is possible to refuse an inheritance. Many people and cultures consider it rude to decline a gift. Chances are you were told to smile
Cryptocurrency functions differently from traditional money. Much has changed over just the past several decades. Computers can now be taken from one location to another.
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