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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Estate Planning News
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Library To Hold Estate Planning Workshop Corning Leader
Library to hold estate planning workshop Corning Leader The Southeast Steuben County Library, 300 Nasser Civic Center Plaza, Corning, will host a free workshop on estate planning from 1 to 3 p.m. Oct. 24. Patrick Roth, Elder Law attorney, will discuss what can happen if people never get around to completing

Tackle EstatePlanning Basics Morningstar.com
Tackle Estate Planning Basics Morningstar.com First, you may wonder if your assets are substantial enough to warrant an estate plan. Moreover, estate plans are usually drafted by lawyers, and that means dollar signs. And then there39s the obvious issue: Do you really want to spend time

Hugh Hefner, Role Model He Was When It Came To Estate Planning Forbes
Forbes Hugh Hefner, Role Model He Was When It Came To Estate Planning Forbes At this time, records from his divorce pegged his net worth at about 43 million plus the value of his Playboy Enterprises stock and real estate. Those records also revealed his yearly income to be nearly 3.5 million, with his expenses topping out at Margot Robbie in talks to star in film about Playboy tycoon Hugh HefnerMirror.co.uk all 86 news articles raquo

Lawyers Offer Free Estate Planning During QuotWills For Heroesquot NBC 7 San...
Lawyers Offer Free Estate Planning During quotWills for Heroesquot NBC 7 San Diego Dozens of firefighters, police officers and other first responders signed up for the quotWills For Heroesquot event in downtown Saturday. Lawyers at the event, held at the San Diego County Bar Association, offered free estate planning, including preparing

Defining Goals In Estate Planning FEDweek
Defining Goals in Estate Planning FEDweek Estate planning is more than tax planning. Beyond finances, you should have goals for your estate plan. Are there specific charities you39d like to support Do you want to encourage your children to be entrepreneurs Do you want your grandchildren to

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Facts of Law about estate planning

Facts of Law - Estate Planning