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Although congressional action has effectively eliminated federal estate and gift taxes for all but the wealthiest Americans, there is still a vital need to do estate planning.Why? There are several key reasons: (1) to be sure that all of your wishes are followed after death; (2) to plan for state inheritance or estate taxes, if you live (or own property) in a state which levies such a tax; and (3) to plan in advance how to pay for any estate settlement costs. Federal estate tax law may have changed, but estate planning still matters.
At a person’s demise there are certain typical problems which, if not planned for, create a burden on those who are left behind. Proper estate planning can eliminate or reduce these problems.
Transfer of Assets
Care of Minors
4 Elements of an Estate Strategy
When Special Care Is Needed: The Special Needs Trust
Estate Management 101
In this ebook, you'll learn the critical elements of an estate strategy. Considering these crucial details may help an executor uphold your values, goals, and desires for your estate.