Many people choose to utilize a trust or a will as their main estate planning tool. Both of these files serve important roles in a person’s estate plan. There are …
Generational Planning: Look After the Non-Tax Issues First
Service owners are well aware of how federal estate taxes can avoid the household organisation from passing to the next generation. Business owners are aware of how federal estate taxes …
Do It Yourself Estate Plans
Lots of people see estate planning as selling of product documents (like wills, trusts, and so on). And if that is all there is to it, then they are ideal …
Common Misconceptions about Probate
The primary misunderstanding people have about probate is that having a will indicates no probate; all wills go to probate, whether it was a handwritten or typed, mainly since only …
Financial Cliff Crisis Avoided? Estate Taxes in 2013
In 2012, with the dreaded “Financial Cliff” looming, many were stressed over the inactiveness that would cause the estate tax exemption level to fall to $1 million. In the first …
How a Revocable Living Trust Can Minimize Federal Estate Taxes
We all wish to pay the least amount of tax dollars possible; a revocable living trust may be able to help decrease federal estate taxes. For a living trust to …
Inheritance Rights for Legitimate and Illegitimate Kid
A moms and dad can decide in a lot of states whether or not his or her adult kids will receive any inheritance from him or her by making a …
Divorce and Naming a Guardian for Your Kids
It truly does not matter if you are separated or married, naming someone to act as the guardian for your kids is most likely the most fundamental part of your …
Common Law Marriage and Legal Security in Texas
Individuals who are wed have particular legal rights and defenses that they don’t even consider. However, there are other couples who have long-term, dedicated relationships who have things a bit …
Finding the Right Probate and Estate Lawyer
When it concerns handling the loss of an enjoyed one, one of the last things that any member of the family wishes to do is call a probate or estate …