In the U.S., laws about what constitutes a valid legal will have not changed very much since the Declaration of Independence. Most states still follow
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Looking Past Simple Answers On The Estate Tax / York, PA
What is the $5 million federal estate-tax exclusion, and how does it work? You deal with taxes every year (technically at every time you open
Caring For All Of The Family Members: Pet Trusts / York, PA
Owners cannot leave money to their pets, nor can pets own property. But owners who consider their companions to be integral members of the family
To Protect Your Heirs From Themselves: Inherited IRAs And Trustee Guidance / York, PA
IRA holders have two ways to “stall” adult children or other heirs from doing an immediate cash-out of the IRA when the surviving spouse dies.
To Marry Or Not To Marry, But To Plan Accordingly Either Way / York, PA
Lawyers urge unmarried clients to draw up agreements specifying which partner is responsible for expenses and who will inherit assets. Many couples ignore the advice
To Protect Your Heirs From Themselves: Inherited IRAs And Trustee Guidance / York, PA
IRA holders have two ways to “stall” adult children or other heirs from doing an immediate cash-out of the IRA when the surviving spouse dies.
Handing Down the Family Home: A Potentially Dangerous Gesture / York, PA
It may seem like a great idea: Parents, either because they want to help their kids out, or to reduce the taxable value of their
Handing Down a Headache and Not a Home: Pitfalls of the Reverse Mortgage / York, PA
Similar scenes are being played out throughout an aging America, where the children of elderly borrowers are learning that their parents’ reverse mortgages are now