Why are Trusts a Good Idea?
October 6, 2022
Whether you are trying to protect your assets from possible creditors, prevent young heirs from spending their inheritance or minimize estate taxes, there is likely a trust for you.
Whether you are trying to protect your assets from possible creditors, prevent young heirs from spending their inheritance or minimize estate taxes, there is likely a trust for you.
One sure-fire way your clients can reduce the size of their taxable estate is to give gifts to loved ones while they’re still alive. But when are ‘deathbed gifts’ considered to be complete for estate and gift tax purposes?
Is Prince Charles III the sole heir of Queen Elizabeth’s fortune?
A decade before his death, the billionaire owner of the Denver Broncos consulted with attorneys about the orderly handover of the team after his death. He crafted a carefully delineated trust that his hand-picked trustees would oversee.
Q: Is there a difference between a ‘living will’ and a ‘do not resuscitate’ order?
Learn the most important deadlines you or a loved one will have to keep in mind for Medicare.
The kind of burial you choose can have a massive impact on your funeral costs.
The pandemic has changed how many of us view our priorities. That includes whether to craft a will.
Wills often go through probate, which is the legal process for settling an estate. The rules are different for every state, so check with an attorney or your local county office to learn more.
Aretha Franklin’s long-standing $7.8 million debt to the Internal Revenue Service has been paid in full, her estate says in a new court filing.
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