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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2017 Tax Act Changes The Focus Of Estate Planning To Saving Income Tax Law.com
Law.com 2017 Tax Act Changes the Focus of Estate Planning to Saving Income Tax Law.com Traditionally, estate planning to maximize what passes to the next generation after taxes meant planning to reduce the federal estate tax. This was accomplished by reducing the size of a person39s estate at death through a variety of planning techniques Tax Reform Sparks Interest In Life Insurance and Secondary MarketsForbes GUEST EDITORIAL: What Tax Cuts and Jobs Act means for Nebraska39s small businessesScottsbluff Star Herald all 10 news articles raquo

Estate Planning For Millennials: The Key To Black Wealth Black Enterprise
Black Enterprise Estate Planning For Millennials: The Key To Black Wealth Black Enterprise Estate planning for millennials sounds counterintuitive. However, before you jump to that conclusion, consider this: No matter how much money you make in your lifetime, it39s not real wealth if you don39t effectively transfer it to future generations. To

Estate Planning For Seniors Lakewood Observer
Estate Planning For Seniors Lakewood Observer Whether you have a lot, or a little, it is never too late to make sure your personal and financial affairs are in order. Take the time to learn about which decisions need to be made to properly address your own unique life circumstances. The Lakewood and more raquo

Fintech Aims To Digitize Estate Planning InvestmentNews
InvestmentNews Fintech aims to digitize estate planning InvestmentNews Ms. Schneiderman said new competitors like Yourefolio proves that legacy planning is starting to get the attention it deserves. She39s confident in Everplans39 history and user friendly interface, but is quotlooking forward to other companies emerge in the

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Facts of Law about estate planning

Facts of Law - Estate Planning