Inheritance Law Lawyers in the USA
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Inheritance Law Lawyers USA - Recent Legal Articles
- Estate Planning Wills & Trust Probate It Is Written
Ever since the age of the Babylonian Empire when the first substantial collection of laws were written on tablets of stone, the declaration “It Is Written” has been used to indicate that what was is indeed written is not to be questioned or contested, and is therefore the final word regarding the matter. All directives, instructions, authority, and laws are based upon written documents.
- How to Avoid the Gift Tax
Did you know that gifting assets can reduce your estate taxes? You must, however, abide by gift tax laws, or you could owe tax for gifted items.
- Estate Planning: Where To Keep Your Documents When They Are Completed
As important as it is to make your estate planning documents such as a will or living trust and pour over will, durable powers of attorney, and healthcare powers of attorney is where to keep those documents. Finding a safe secure place to keep your estate planning documents is very important for the fact that those documents are no good if they are destroyed, lost, or missing.
- Estate Planning: Should You Name Two Or More As Your Executor Or Personal Representative In Your Will
When you make your will an important part of the will and an important decision you will have to make is who you want to be your personal representative or executor. Personal representative and executor can be used interchangeably and the title will differ based on what state you are located in when probate is started.
- Is a Reverse Mortgage Right for You?
Unfortunately, many elderly Americans are living off of a shoe string budget. Social Security payments do not cover the cost of living for most seniors.
- Transferring Assets? The Tax Man Looms
The gift tax exists because of the fact that people logically transfer assets to their future heirs while they are still alive in order to avoid the estate tax at their death
- Updating Your Estate Plan: Is It Better To Change Your Will Or Make A Brand New Will?
There may come a time when circumstances in your life have changed and you need to update your will. These circumstances can include a new marriage, a new child, a divorce, or having a new financial status such as winning the lottery and becoming a millionaire.
- What is the Greatest Estate Plan in the World?
The greatest estate plan you can make is to spend all of your assets or everything that you own. This is simple and easy to do as you can just have fun until your last dollar and not worry about passing anything on. Some may be forced to do this while others may spend all of their assets by choice.
- Five Steps to Avoid and Minimize Probate and Trust Disputes
by Jaburg Wilk
Litigators can be beneficial when there are disputes over probate and trust litigation. Probate and trust litigation can turn families into enemies and convert inheritances into attorneys’ fees. These disputes can fueled by sibling rivalry, blended families, family grudges, financial need, entitlement, revenge, greed, or spite.
- What A Common Law Marriage Does To Your Estate Plan
Common law marriage is still in practice in Alabama ,Colorado, The District of Columbia, Iowa, Kansas, Montana, New Hampshire, Oklahoma, Rhode Island, South Carolina, Texas, and Utah and should be factored into your estate plan if you live in any of these states and it applies