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Category Archives: Inheritance

The Hot-Button Issue for 2010: Estate Tax

Friday, March 5, 2010

Currently, the estate tax in the U.S. is in a unique position. The code was written so that every year until 2009 the tax would lessen, until 2010, where it would disappear completely. However, next year, 2011, the estate tax will come back with a vengeance to a much higher level.
For a more in-depth breakdown, [...]

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How a Living Trust protects the Grantor in the event of incapacity

Thursday, June 11, 2009

Revocable Living Trusts have become popular for probate avoidance and maintaining private information about assets and loved ones.  In addition to these two very important features, many people may not fully understand the living trusts protective power in the event the grantor, the one who establishes the trust, becomes unwilling or unable to manage the [...]

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Why your Will may accomplish very little with unintended results and how to easily resolve this problem

Thursday, June 4, 2009

Many people have a Last Will and Testament, (“Will”) which serves as a written disposition of your assets. In the case of a widow, her Will may state that all property she owns at her death is to be distributed equally to her three children. It sounds easy enough, but can you answer the questions [...]

Also filed in Elder Law, Estate Planning, Estate Taxes, Probate, Trusts, Wills | Tagged , , , , , | Comments (0)