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Incentive Trust Tips

Incentive Trust Tips

An incentive trust is any trust that rewards beneficiaries with distributions for desired behavior. They are popular for people who fear that their heirs will

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Things Executors Should Not Do

Things Executors Should Not Do

If the executor of an estate does not do certain things, then he or she can get in trouble. However, there are other things that

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Disinherited Son Sues Siblings

Disinherited Son Sues Siblings

When one child is left out of a will without explanation, it often leads to problems with other siblings. Such is the case with one

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Tycoon Leaves Daughters Fortune with Some Conditions

Tycoon Leaves Daughters Fortune with Some Conditions

Many wealthy people seek to control how their heirs can spend inheritances. However, some seek to use inheritances as a way to control how their

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Setting a Facebook Legacy Contact

Setting a Facebook Legacy Contact

Until now, when someone passed away, we offered a basic memorialized account which was viewable, but could not be managed by anyone. By talking to

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The Little-Known VA Long-Term Care Benefit

The Little-Known VA Long-Term Care Benefit

Here’s a frightening statistic from the just-released United States of Aging survey: Only 3% of professionals supporting people 60 and older say they are very

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Check with Your Estate Planning Attorney about New Laws Now in Effect

Check with Your Estate Planning Attorney about New Laws Now in Effect

Determining a process for passing assets on to heirs is an integral part of the estate planning process. But it’s not always easy to determine

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Should I have a TOD (Transfer on Death) for my Brokerage Account?

Should I have a TOD (Transfer on Death) for my Brokerage Account?

Life insurance, IRAs, 401(k) plans and other retirement accounts pass directly to the beneficiaries you designate outside of your will. Brokerage accounts, on the other

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Late NBA Owner’s Estate Owes Taxes, IRS Says

Late NBA Owner’s Estate Owes Taxes, IRS Says

In a ginormous estate tax battle denouement, the Internal Revenue Service just won $388 million in a settlement with the estate of Detroit Pistons owner

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Avoid These Big Estate Planning Mistakes

Avoid These Big Estate Planning Mistakes

Good luck to your loved ones when you die, because you are going about your estate planning all wrong. According to a recent study from

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How to Manage the Bumps in the Road to Retirement

How to Manage the Bumps in the Road to Retirement

A new TD Ameritrade survey says that bumps and detours along the road to retirement are the norm, not the exception, with two-thirds of Americans

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IRS Eyes Estate Tax Changes for Wealthy

IRS Eyes Estate Tax Changes for Wealthy

The IRS wants to sharply curtail a favorite tax benefit affecting family partnerships and LLCs. The U.S. Treasury Department is zeroing in on new regulation

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