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Estate Planning
In the unfortunate event of a relative passing, the remaining family members will have to go through the task of arranging the transfer of their assets. The aim of an estate plan is to preserve the maximum amount of wealth of the assets in question for the identified beneficiaries as different factors such as federal and state tax laws can greatly affect the overall value of the said assets. Without the correct information, the family in question can be led astray by outside parties, which in some cases can affect the outcome of the estate plan and how it is shared in comparison to how the deceased wished. Here you will find a wide range of informative articles on estate planning from the way in which the process works, different factors to take into consideration and how to find the correct legal aid to help you with the plan. Other factors related to estate planning such as trusts and wills are also covered, helping make those difficult times slightly easier to handle.
Estate Planning Articles
Estate Planning
“He left me nothing but bills. Do I have to pay them?”Unfortunately, many folks who have lost a loved one quickly find that the deceased had accrued substantial debt. Survivors are often then left with the challenges of dealing with this debt ...
Author: Adam Walters
An Inheritance of Debt
12th April 2010“He left me nothing but bills. Do I have to pay them?”Unfortunately, many folks who have lost a loved one quickly find that the deceased had accrued substantial debt. Survivors are often then left with the challenges of dealing with this debt ...
Author: Adam Walters
Estate Planning
1) Appointment your state's administration of allowance Web site. Although you may not be accustomed with it, your state, and every state, has a administration of insurance. A lot of departments accept Web sites, and abounding broadcast "consumer complain...
Author: Randheer singh
How to prefer the Right Insurance Company
09th April 20101) Appointment your state's administration of allowance Web site. Although you may not be accustomed with it, your state, and every state, has a administration of insurance. A lot of departments accept Web sites, and abounding broadcast "consumer complain...
Author: Randheer singh
Estate Planning
Easy Online Will FormThe last will and testament bears the final and last instructions to assign the person's assets or property after his death. to guarantee a safe passage of your estate to inheritors in the event of your death, it is clever to make a l...
Author: Tom Snow
Canadian Will Form For You
08th April 2010Easy Online Will FormThe last will and testament bears the final and last instructions to assign the person's assets or property after his death. to guarantee a safe passage of your estate to inheritors in the event of your death, it is clever to make a l...
Author: Tom Snow
Estate Planning
Having a will is not macabre or gruesome; it's something that a responsible adult should consider so that his or her heirs are cared for properly after they've died, and so that their wishes are respected when it comes to property and other interests.That...
Author: tb_chats
Who Has the Upper Hand When There is No Will?
08th April 2010Having a will is not macabre or gruesome; it's something that a responsible adult should consider so that his or her heirs are cared for properly after they've died, and so that their wishes are respected when it comes to property and other interests.That...
Author: tb_chats
Estate Planning
Actually a lawyer can be especially valuable before a love one passes. Consulting with an attorney when putting together a will can do much to ease the transition that a spouse or family will go through at the time of death of a love one. Ensuring that th...
Author: tb_chats
The Value of a Lawyer When a Loved One Passes
08th April 2010Actually a lawyer can be especially valuable before a love one passes. Consulting with an attorney when putting together a will can do much to ease the transition that a spouse or family will go through at the time of death of a love one. Ensuring that th...
Author: tb_chats
Estate Planning
Prepare a Legal WillA legal document, last will and testament, controls the overall disposition of a person's property at death or many even provide a guardianship for children at death. Your estate includes your private and real property, savings, money,...
Author: Lemuel Nelson
Make Your Last Will and Testament Now
06th April 2010Prepare a Legal WillA legal document, last will and testament, controls the overall disposition of a person's property at death or many even provide a guardianship for children at death. Your estate includes your private and real property, savings, money,...
Author: Lemuel Nelson
Estate Planning
In legal terms a will is to manage and take care of others estate of belongings and the transfer of his wealth to the others after his death. The person who prepares the will is called testator or designator. He describes everything that that will be elig...
Author: James Kahn
The Importance of Legal Form
01st April 2010In legal terms a will is to manage and take care of others estate of belongings and the transfer of his wealth to the others after his death. The person who prepares the will is called testator or designator. He describes everything that that will be elig...
Author: James Kahn
Estate Planning
Wills and Estate Planning for Insurance Agents and Brokers By Kenneth Vercammen, Esq. Where there's No Will … If you do not write a Will, the State has already written one for you. Your assets go to whoever a state law says ...
Author: Kenneth Vercammen Esq.
Wills and Estate Planning for Insurance Agents and Brokers
31st March 2010Wills and Estate Planning for Insurance Agents and Brokers By Kenneth Vercammen, Esq. Where there's No Will … If you do not write a Will, the State has already written one for you. Your assets go to whoever a state law says ...
Author: Kenneth Vercammen Esq.
Estate Planning
Easy Online Will FormThe last will and testament bears the final and last instructions to pass out the person's assets or property after his death. So as to guarantee a safe passage of your estate to inheritors in the event of your death, it is clever to ...
Author: Lemuel Nelson
Easy Online Will Form
30th March 2010Easy Online Will FormThe last will and testament bears the final and last instructions to pass out the person's assets or property after his death. So as to guarantee a safe passage of your estate to inheritors in the event of your death, it is clever to ...
Author: Lemuel Nelson
Estate Planning
Irrevocable life insurance trusts ("ILITs") are commonly used to keep insurance proceeds outside the estates of the grantor-insured, the grantor's spouse, and the grantor's descendants (if a generation-skipping trust is used). As the name indica...
Author: Julius Giarmarco, Esq.
Switching Irrevocable Life Insurance Trusts
26th March 2010Irrevocable life insurance trusts ("ILITs") are commonly used to keep insurance proceeds outside the estates of the grantor-insured, the grantor's spouse, and the grantor's descendants (if a generation-skipping trust is used). As the name indica...
Author: Julius Giarmarco, Esq.
Estate Planning
In Estate of Knipp v Commissioner, 25 T.C. 153 (1955), the decedent was a 50% partner in a general partnership that was owner and beneficiary of 10 life insurance policies on his life. The policies were purchased for business purposes. The court ruled tha...
Author: Julius Giarmarco, Esq.
Planning Opportunities with Partnership-Owned Life Insurance
26th March 2010In Estate of Knipp v Commissioner, 25 T.C. 153 (1955), the decedent was a 50% partner in a general partnership that was owner and beneficiary of 10 life insurance policies on his life. The policies were purchased for business purposes. The court ruled tha...
Author: Julius Giarmarco, Esq.
Estate Planning
The IRS has never liked valuation discounts (for lack of control and marketability) and has attempted to attack gifts of limited liability company (LLC) and family limited partnership (FLP) interests under several theories over the years and with varying ...
Author: Julius Giarmarco, Esq.
Gifting of LLC / FLP Interests to Family Members - Timing is Everything
26th March 2010The IRS has never liked valuation discounts (for lack of control and marketability) and has attempted to attack gifts of limited liability company (LLC) and family limited partnership (FLP) interests under several theories over the years and with varying ...
Author: Julius Giarmarco, Esq.
Estate Planning
A “Crummey” Trust is a popular device used in making gifts that qualify for the $13,000/ $26,000 annual exclusion from gift tax. Most other forms of gifts that qualify for the annual exclusion require an immediate or at least a very early (i.e...
Author: Julius Giarmarco, Esq.
Spousal Lifetime Access Trusts
25th March 2010A “Crummey” Trust is a popular device used in making gifts that qualify for the $13,000/ $26,000 annual exclusion from gift tax. Most other forms of gifts that qualify for the annual exclusion require an immediate or at least a very early (i.e...
Author: Julius Giarmarco, Esq.
Estate Planning
Estate planners use trusts to protect beneficiaries from their inability, their disability, their creditors and their predators. Included under "creditors" are the IRS and divorced spouses. More sophisticated estate planners generally create multi-generat...
Author: Julius Giarmarco, Esq.
Using Trusts to Protect Heirs
25th March 2010Estate planners use trusts to protect beneficiaries from their inability, their disability, their creditors and their predators. Included under "creditors" are the IRS and divorced spouses. More sophisticated estate planners generally create multi-generat...
Author: Julius Giarmarco, Esq.
Estate Planning
As per Florida probate law almost in all cases a Florida Probate Administration attorney has to involve in estate administration. If you have to go through probate in Florida then its better to hire a Florida probate attorney. But everybody doesn’t ...
Author: Daniel Smith
Florida probate administration: Do you need to hire a Florida probate lawyer?
25th March 2010As per Florida probate law almost in all cases a Florida Probate Administration attorney has to involve in estate administration. If you have to go through probate in Florida then its better to hire a Florida probate attorney. But everybody doesn’t ...
Author: Daniel Smith