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Types of Assets in Wealthy Estates

Types of Assets in Wealthy Estates

Wealthy people can have all sorts of different assets. However, the majority of assets held by wealthy people when they pass away fall into a

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Guardianship Abuse Is Rampant

Guardianship Abuse Is Rampant

Guardians are supposed to look after and protect the interests of their wards. Unfortunately, it has become all too common for guardians to take advantage

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Affording Adoption with the Help of Tax Credits

Affording Adoption with the Help of Tax Credits

November is National Adoption Awareness Month. If you’re considering adoption, you know that it will change your life in many ways. And you’ll need to

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Plan to Talk Estate Planning Over the Holiday Meal

Plan to Talk Estate Planning Over the Holiday Meal

With Thanksgiving and the winter holidays coming up, there are at least two prime opportunities to get families all under one roof and talking. Estate

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Review Your Old Trusts

Review Your Old Trusts

Estate laws change regularly, which means that estate planning methods that were once a great idea are no longer advisable for many people. One example

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Alternatives to Joint Tenancy

Alternatives to Joint Tenancy

When two people own property in common, they often title it in joint tenancy. This is especially true for married couples. However, there might be

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Important Victory for Salinger Heirs

Important Victory for Salinger Heirs

A Tennessee court’s decision to transfer a lawsuit filed against the Salinger Literary Trust to New Hampshire could be a major victory for the heirs

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2016 Estate and Gift Tax Exemptions

2016 Estate and Gift Tax Exemptions

The Internal Revenue Service has announced that 2016 will bring an increase to the estate and lifetime gift tax exemptions. The exemption limits for the

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Not Having Children Does Not Mean You Do Not Need an Estate Plan

Not Having Children Does Not Mean You Do Not Need an Estate Plan

If you do not have any children, you might not think that you need to bother with having an estate plan. However, having an estate

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Paying the Estate Tax

Paying the Estate Tax

One of the biggest headaches for executors of large estates is coming up with the cash to pay the estate tax. If the cash or

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Keeping Trusts a Secret

Keeping Trusts a Secret

Sometimes it might be beneficial for a trust beneficiary to not know the details of a trust or even know that the trust exists. Some

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Tax Free Giving

Tax Free Giving

While many people would prefer to wait until after death to give an inheritance to their heirs, others might prefer to give while they are

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