Estate Planning

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Estate Planning

Estate planning is the act of organizing the assets of one's estate to create a balance of safety, growth and tax savings according to the needs of the estate holder.  Goals of estate planning might include aggressive growth in the owner's younger years to income and tax savings in his or her elder years.  An important part of estate planning is the structuring of assets to allow the expedited transfer of an estate to heirs with as few taxes as possible.  Provisions can be included in an estate structure to provide for grandchildren, charities or others upon the passing of the estate owner.

Basic tools of estate planning include wills, various uses of trusts, powers of appointment, annuities and other insurance instruments, various forms of real estate ownership, powers of attorney, medical powers of attorney, living wills, etc.  The larger an estate is the more flexibility the owner of the estate has to make use of various legal structures so the estate is handled properly and passes to the heirs as the owner wishes upon death.

 

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The Biggest Estate Planning Mistake People Make Forbes
Forbes The Biggest Estate Planning Mistake People Make Forbes If you are like most people, when you hear the words estate planning, you probably think of writing a will, to explain who will get what you own when you die. The problem is, a will has little or nothing to do with you. It39s all about planning for

Estate Planning For Women: What You Need To Know BizTimes.com Milwaukee
Estate Planning For Women: What You Need to Know BizTimes.com Milwaukee Everyone needs an estate plan whether you39re single or married, divorced or widowed, a parent or not. And as a woman, you face challenges that make it even more important to have an established estate plan. Generally speaking, women live longer and

Dakotafest Exhibitors Educate On How To Navigate The Complexities Of Estate P...
Daily Republic Dakotafest exhibitors educate on how to navigate the complexities of estate planning Daily Republic quotEstate planning for farmers is different,quot Voss said Wednesday at Dakotafest in Mitchell during a seminar. quotThe farm means so much for those who reside there. It is a home, a heritage and a business all wrapped up into one.quot Voss explained one of the

ESTATE LAW: The Flaws Of The Selfhelp Legal Plan TCPalm
TCPalm ESTATE LAW: The flaws of the self help legal plan TCPalm Having a well prepared estate plan specific to your needs can be the difference between the seamless transition you want for your estate and having your assets tied up in a lengthy and costly probate proceeding. Recently many online self help legal

DIY Estate Planning Has Its Risks WSJ Wall Street Journal Subscription
Wall Street Journal subscription DIY Estate Planning Has Its Risks WSJ Wall Street Journal subscription Before crafting a last will on your own, here are some issues to keep in mind. and more raquo

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Facts of Law about estate planning

Facts of Law - Estate Planning