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Facts - Books - News    U.S. Facts Of Law:

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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Opinion: 7 Common Estate Planning Disasters And How To Avoid Them MarketWatch
Opinion: 7 common estate planning disasters and how to avoid them MarketWatch An approximately 30 trillion transfer of wealth is currently under way in the U.S. as aging baby boomers pass their assets to successive generations. This transfer, together with the recent increase to the lifetime federal estate and gift tax

What You Donapost Know About Estate Planning Will Cost You CNBC
CNBC What you don39t know about estate planning will cost you CNBC Estate planning is an important part of a family39s overall financial plan. Grandparents and parents may not know the best way to pass down their wealth to the next generation, which involves more than minimizing estate taxes that will be owed on the

How Retirement Accounts Factor In To Estate Planning WTOP
WTOP How retirement accounts factor in to estate planning WTOP retirement account. If a beneficiary is not named properly, the person who gets the account, has to take the entire account39s worth within five years of the original owner39s death, he added. Another option is to name a trust as a beneficiary of the

How To Protect Your Family Beyond Death Without Losing Your Shirt CNBC
CNBC How to protect your family beyond death without losing your shirt CNBC The cost of hiring an estate planning attorney will differ based on the market you39re in. For instance, a lawyer in Green Bay, Wisconsin, may charge somewhere between 250 and 300 an hour, but you could see double that amount in New York and and more raquo

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Facts of Law about estate planning

Facts of Law - Estate Planning