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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
It is a legal document that can, in some cases, partially substitute for a will. With a revocable living trust (also known as a revocable inter vivos trust or grantor trust), your assets are put into the trust, administered for your benefit during your li...
Author: swapnamanikssys
What is a revocable living trust?
15th March 2010It is a legal document that can, in some cases, partially substitute for a will. With a revocable living trust (also known as a revocable inter vivos trust or grantor trust), your assets are put into the trust, administered for your benefit during your li...
Author: swapnamanikssys
Estate Planning
Probate is a court-supervised process for transferring a deceased person’s assets to the beneficiaries listed in his or her will.Typically, the executor named in your will would start the process after your death by filing a petition in court and se...
Author: swapnamanikssys
What is probate?
15th March 2010Probate is a court-supervised process for transferring a deceased person’s assets to the beneficiaries listed in his or her will.Typically, the executor named in your will would start the process after your death by filing a petition in court and se...
Author: swapnamanikssys
Estate Planning
Are your children going to be surprised after your passing by what they do or do not inherit? Perhaps it is time to sit down and have an honest discussion about the terms of your will. This issue comes to light on the heels of a case that was tried in ...
Author: Paul Easton
Inheritance Issues: No Surprises
14th January 2010Are your children going to be surprised after your passing by what they do or do not inherit? Perhaps it is time to sit down and have an honest discussion about the terms of your will. This issue comes to light on the heels of a case that was tried in ...
Author: Paul Easton
Estate Planning
Estate planning is something you need to take care of before you die, so that you can help your loved ones as much as possible. This will require a number of steps that establish what needs to happen after you are gone. One unfortunate fact of life is th...
Author: Mel C
Estate planning requires intelligent decision making
07th January 2010Estate planning is something you need to take care of before you die, so that you can help your loved ones as much as possible. This will require a number of steps that establish what needs to happen after you are gone. One unfortunate fact of life is th...
Author: Mel C
Estate Planning
In some television comedy shows, they have someone, typically the man of the house, who won't make a will or estate plan because he doesn't want to think about death. This might be hilarious when you see it on television; however this can be very bad in r...
Author: Julia McBride
Prove Your Love with Good Estate Planning
16th December 2009In some television comedy shows, they have someone, typically the man of the house, who won't make a will or estate plan because he doesn't want to think about death. This might be hilarious when you see it on television; however this can be very bad in r...
Author: Julia McBride
Estate Planning
Up until 2010, property owned by a decedent at the time of death of his death had its tax basis changed from what the decedent's basis was to its fair market value - whichever was higher. For the year 2010 - and only that year - the law has been changed t...
Author: Shane Flait
No Stepped-Up Basis for Estate Inheritors of Those Dying in 2010
09th December 2009Up until 2010, property owned by a decedent at the time of death of his death had its tax basis changed from what the decedent's basis was to its fair market value - whichever was higher. For the year 2010 - and only that year - the law has been changed t...
Author: Shane Flait
Estate Planning
Copyright (c) 2009 Tom Wheelwright Estate planning is a task that commonly gets pushed to the back burner. Why? The reason I hear most often is not a good one because it's based on a terrible misconception. Here is the terrible misconception: I...
Author: Tom Wheelwright
3 Reasons Everyone Needs an Estate Plan
26th November 2009Copyright (c) 2009 Tom Wheelwright Estate planning is a task that commonly gets pushed to the back burner. Why? The reason I hear most often is not a good one because it's based on a terrible misconception. Here is the terrible misconception: I...
Author: Tom Wheelwright
Estate Planning
Unpredictable future is the way of life. Unforeseen risks lark in the wing taking the toll of victim's life and resources. Finding adequate protection against unforeseen risks is one of the tasks that could be achieved by perfecting estate planning. U...
Author: michael russell
Estate Planning –Protection against Unforeseen Risks and Over Taxation
09th November 2009Unpredictable future is the way of life. Unforeseen risks lark in the wing taking the toll of victim's life and resources. Finding adequate protection against unforeseen risks is one of the tasks that could be achieved by perfecting estate planning. U...
Author: michael russell
Estate Planning
Perhaps the most important part of the estate planning is creating a plan. At the same time the other most important aspect of such planning is efficient execution. Both require careful and dedicated efforts to be successful. Once the process of asses...
Author: michael russell
Estate Planning – Creating the Most Effective Plan
09th November 2009Perhaps the most important part of the estate planning is creating a plan. At the same time the other most important aspect of such planning is efficient execution. Both require careful and dedicated efforts to be successful. Once the process of asses...
Author: michael russell
Estate Planning
Thinking of avoiding estate planning could well turn out to be a daydream. Government would interfere and complete the process for those who won't complete the process in their private capacities. Downside of it is that the Government Process would be hig...
Author: michael russell
Avoiding Government Intervention
09th November 2009Thinking of avoiding estate planning could well turn out to be a daydream. Government would interfere and complete the process for those who won't complete the process in their private capacities. Downside of it is that the Government Process would be hig...
Author: michael russell
Estate Planning
You no longer have a need for a court Executor to manage your assets for people whom you've already named as recipients to your assets. After-death distributions under a living trust are usually implemented privately, and avoid probate. This works because...
Author: jesuscole
Have a Will, But You Also Need a Trust
05th May 2009You no longer have a need for a court Executor to manage your assets for people whom you've already named as recipients to your assets. After-death distributions under a living trust are usually implemented privately, and avoid probate. This works because...
Author: jesuscole
Estate Planning
Making a will can be an emotionally challenging experience. It is one of those acts that incontrovertibly causes you to look a bit closer at your own mortality and consider what you want your final impact to be on a world without you. The fallout from a p...
Author: mgordon
What to Think about When Changing Your Will
23rd April 2009Making a will can be an emotionally challenging experience. It is one of those acts that incontrovertibly causes you to look a bit closer at your own mortality and consider what you want your final impact to be on a world without you. The fallout from a p...
Author: mgordon
Estate Planning
Leaving items behind for your loved ones means the chance to leave a final gift that will provide them with something to remember you by. It also means an opportunity to see to it that, if you have made a large amount of money and saved it, your family wi...
Author: mgordon
Historical Wills and Famous Final Words
27th March 2009Leaving items behind for your loved ones means the chance to leave a final gift that will provide them with something to remember you by. It also means an opportunity to see to it that, if you have made a large amount of money and saved it, your family wi...
Author: mgordon