|
Estate Plan Trusts
|
Avoid Needing a Probate Attorney - Don't Die Without a Will!
While not the most pleasant topic to look forward to, making out a will can be very important. A will is a document stating who is to receive what, upon one's death. Intestacy is the will designed by the state. If you haven't decided whom you want to receive your estate, the legislature has tried to guess what you would have done.
|
|
A Free Living Will Tells Your Family What You Want
A Free Living Will is a will that you have drawn up on your own and had your family members and loved ones sign. Be wary, not everyone can draw up a will properly and if you decide to draw up a free one, you should know the risk involved.
|
|
Certificates of Deposit - What is it?
Define Certificate of Deposit (aka CD) and what is a domestic CD and what are the International CD options such as Offshore CD or Eurodollar Certificates of Deposit. The advantages of International CD are higher interest rates, income tax benefits, anonymity. BNP, Banco Nacional do Panama. London Interbank Offered Rate (LIBOR) discussed.
|
|
Revocable Trust vs Irrevocable Trusts
A Revocable Trust or living trust is a legal arrangement used in estate planning that provides for the management and distribution of your property when you die. This will be stated on a Declaration of trust or Trust agreement. The trustor transfers property to the trustee, who holds the property for the beneficiary.
|
|
Tax Consideration in Estate Planning
Nobody likes to think about their death or what will happen with their property or the taxes that will be owed. However, any responsible individual will take the following tax tips into consideration when it comes to estate planning. One of the most important things to consider is a living trust so that upon your death estate taxes will be minimized.
|
|
Real Estate Tax - Tax Maps, Real Estate Tax Exemptions, Estate Tax Lien Information and More
On real estate tax. History of real estate tax, property assessor, real estate tax maps; limitations of increasing property taxes with homestead real estate tax exemption; delinquent real estate tax penalties; lien on property and use of tax certificates; about estate tax lien and filing affidavit by executor to remove estate tax lien. Real estate worth more than $1.5 million subject to federal estate tax.
|
|
Estate - When Friends And Family WANT Your Money
Few situations have a greater potential for problems as when dealing with money and relatives. If you've ever had a child ask you for a loan or a distant relative request money to start a business, then you know just how touchy these situations can be. Here are some real-life situations, along with some simple steps to help you safely navigate the tricky waters that result from mixing family and finances.
|
|
The Shock of Sudden Death and Probate
The sudden death of a loved one is a terrible shock. As this author discovered, the shock increases if you have to go through Probate. Her advice may help you with estate planning and to expedite Probate if you must go through it.
|
|
Estate - Don't Leave Loved Ones In A Lurch
Nothing brings home the importance of having our affairs in order than seeing the effects firsthand in your own family. My mother-in-law's recent death means my family is dealing with the realities of settling her affairs. Her advanced-planning greatly simplified the process. And it will for you, too.
|
|
Smart Estate Planning Strategies for Average Joe
Lots of people out there, especially the average Joes, don't think twice about estate planning because they aren't worth that much anyway. However, everyone, and that includes Average Joe's, should know a little something about estate planning.
|
|
Estate Planning Made Easy....Easier
A major intergenerational transfer of wealth is underway, like nothing before seen in this country-or the world, for that matter. Estimates from the Federal Reserve Board have the richest 5% of U.S. households likely to pass along nearly 60% of the nation’s wealth within the next 50 years.
|
|
Domestic and Foreign Trust Differences
A brief look at the history of the Trust and Trustee. The differences of a domestic onshore trust and the foreign trust. Tax consequences vested with tax jurisdiction under which trust is created. Factors of trusts including role of Grantor, Trust, Trustee, Beneficiaries, provision of successor Trustee, compensation of Trustee services, exclude Beneficiaries, incompetent Beneficiaries and power to merge other Trusts.
|
1 | 2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
14 |
15 |
|