A properly structured estate plan will help to fulfill your specific goals and wishes for asset control and distribution during your lifetime and after your death.
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estateplanning
The Power of Legal Protection
Without the proper legal, financial, and health care protection, you may be at risk should you become incapable of directing your own affairs.
Deferral of Estate Taxes
The Economic Recovery Act of 1981 provides a 14-year deferral to families of owner-executives.
Advance Directives: Part II - Health Care Issues
There are some issues that may be just as important as financial decisions, revolving around what types of health care measures will be taken (to alleviate suffering or prolong life).
Privacy Rules Emphasize Importance of Advance Medical Directives
Stringent privacy rules make it important that you consider an advance medical directives power of attorney to help direct your future health care.
Shielding Your Insurance from Estate Taxes
With proper guidance, it is possible to keep your life insurance policy proceeds out of your estate and to also provide immediate funding for short-term financial needs.
Your Estate and Life Insurance: It All Adds Up
It can be fairly easy to underestimate your net worth. After all, predicting the future value of your home and savings is merely hypothetical.
Taxes and Your Estate: Reconcile Your Domicile
Compared to previous generations, it is now quite common for work and recreational activities to cross state lines, resulting in ownership of property and formal relationships in more than one state.
Solidifying Your Future with Advance Directives
Conventionally, estate planning has focused on how to minimize estate taxes and designate who gets what when you die.
Charitable Remainder Trust Basics
While most people may be resigned one way or another to the inevitability of taxation, many may be unaware that they have a choice regarding the form in which their contribution to society is fulfilled.