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Estate Planning Errors to Stay Away From
Attorneys

Estate Planning Errors to Stay Away From

Irrespective of the popular belief, estate planning is not only limited to the popular and rich. Many individuals possess a thing at least that holds value. It can either be money, a house, or a vehicle. So, people, no matter whether they are rich or poor, can be benefited from estate planning if they stay away from a few estate planning errors. Having an estate plan will help in maximizing the real value of an estate that you leave to your heirs. It will also give you the chance to make correct decisions. The majority of estate planning errors fall into varied categories. Estate plans come with their very own exclusive features but have the same issues. Many errors do

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Estate Planning: Difference between a Will and a Trust!
Attorneys

Estate Planning: Difference between a Will and a Trust!

When we think of the protection and preservation of our family and belongings, we think of estate planning and while thinking about it, the two terms that are frequently used are a will and a trust. Irrespective of your wealth and age, you need to be assured that your estate is planned according to your wishes and thus estate planning is a must for you. You can use both a will and a trust which have different purposes to plan your estate. An estate plan can have both a will and one or more trusts included, however, either of them can be more important as compared to the other. Your circumstances decide the correct action plan as for some people

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Is Estate Planning is dead? Why or Why Not?
Attorneys

Is Estate Planning is dead? Why or Why Not?

Apart from planning the fate of your assets after your demise, estate planning was also oriented towards saving your assets from the federal and state estate taxes. However, courtesy to the new estate-tax exemption, one can be exempted up to $5.1 million and the federal exemption is $11.2 million as on January 1, 2020, which means that a very small percentage of less than 1% of the US families will have to pay tax for their estate. Hence, only the estate planning for ultra-wealthy families focuses on tax reduction, for the rest, it is about much more. Thus, we can say that estate planning is dead as it is not anymore about planning for death and it is also about

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Estate Planning documents
Attorneys

What does an Estate Plan include?

Estate planning can be tricky, but we believe that with the guidance of an experienced estate planning lawyer it can be simplified. We provide free consultations, and we can help you in planning your estate. Planning your estate and doing planning sooner then later is import. Life does not come with crystal ball predicting what tomorrow brings. Being prepared and papered up for tomorrow has its benefits. Now, as you might already know that estate planning is all about securing your assets for the future of your kids and the family. You have worked long and hard and now amassed some possessions but what if you die? One of life’s few guarantees is that one day we will die and

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10 Ways to Lawsuit Proof Your Estate!
Attorneys

10 Ways to Lawsuit Proof Your Estate!

Estate planning is done to protect your assets along with securing the future of your family and loved ones. You spend your whole life in accumulating significant wealth to make your family financially secure and the rest of the time to protect your wealth from probate, taxes, and creditors. However, you forget one aspect of protecting your assets and that is from your own heirs as your assets can be lost very quickly in the lawsuit. It is quite common that the inheritors have a dispute over the estate of a deceased testator after he/she has left an estate plan which may lead to litigation. Estate Planning- The inheritors have various reasons to contest your estate legally due to uneven

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