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Even with the installment of taxes on generation-skipping transfers, GSTs still serve as tools for high-net-worth individuals to transfer wealth …
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They can still collect benefits on the deceased spouse’s work record. Remember, there is a difference between filing a will …
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If there is a will, it is necessary to “prove” the will unless it qualifies as a “self-proving” will. Because …
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The testator, or the will-maker, must sign the finished Will. You love your furry friends and want them to be …
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The surest way to avoid probate is to have trust. A living revocable trust does not need court approval. Last …
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Taxes not forgiven at death: Not only do taxes not disappear upon death, but they may also increase. Income taxes …
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This must, however, be done by the person who created the will. What Is an Irrevocable Life Insurance Trust (ILIT)?. …
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The life insurance death benefit, on the other hand, isn’t subject to a probate court and can’t be paid out …
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Nevertheless, specific amounts that the Executor can receive as Executor’s fees can vary considerably, depending on the size and value …
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Items That Affect a Will’s Status. Steve Bliss Law ( +1 (858) 278-2800 ). The terms of the trust and …