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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Do You Have A Plan For Your Digital AposEstateapos Morningstar.com
Do You Have a Plan for Your Digital 39Estate39 Morningstar.com My relative39s situation illustrates that even people who think they39ve ticked off all of the usual boxes on their estate planning to do lists may have overlooked an increasingly important component of the process: ensuring the proper management and and more raquo

Estate Planning For Unmarried Couples Memphis Daily News
Estate Planning For Unmarried Couples Memphis Daily News Ray39s Take Times change. And more couples put off getting married for numerous reasons. People are marrying at a later age and sometimes not at all. Older Americans who have been widowed or previously divorced are deciding to cohabit instead of

Why An Estate Plan Should Be A Resolution For 2018 Birmingham Business Journal
Birmingham Business Journal Why an estate plan should be a resolution for 2018 Birmingham Business Journal For most, there are many excuses to avoid estate planning. Some common excuses are: I don39t have an estate tax problem, My estate isn39t a big deal, and What do I care I39ll be gone. Let39s clear the air here your estate doesn39t need to be

Estate Planning Workshop To Be Held Jan. 8 The Leader Corning Leader
Estate planning workshop to be held Jan. 8 The Leader Corning Leader The Cornell Cooperative Extension of Steuben County will offer Five Critical Estate Planning Documentsand Five More You May Want to Consider, a free informational workshop, from 1 to 3 p.m. Jan. 8 at the Corning Senior Citizens Center, 1 Park Lane and more raquo

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Facts of Law about estate planning

Facts of Law - Estate Planning