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  • The New Rage: Incentive Trusts
    Today's baby boomers want more out of their estate planning than just passing along an inheritance to their children. They also want to pass along their values - and they're using incentive trusts to do...
  • What's New With Your Living Trust?
    Some time ago, Congress made certain changes to the estate taxes. As a result of the changes, effective January, 2004, the tax free amount increased to $1,500,000. (Back in 1997 it was $600,000.) This...
  • The New Rage: Incentive Trusts
    Today's baby boomers want more out of their estate planning than just passing along an inheritance to their children. They also want to pass along their values - and they're using incentive trusts to do...
  • Administration expenses can be deducted
    Expenses of administering an estate can be deducted either from the gross estate in figuring the federal estate tax on Form 706 , United States Estate (and Generation-Skipping Transfer) Tax Return, or...
  • What is the Estate Tax?
    The Estate Tax is a tax on your right to transfer property at your death. It consists of an accounting of everything you own or have certain interests in at the date of death. The fair market value of...
  • Estate Planning And The Revocable Living Trust
    What is a revocable living trust?

    According to Plan-My-Estate.com - With a Revocable Living Trust, you transfer the title of any of your assets (such as a house) from yourself as an individual, to yourself...
  • Estate Planning Overview , Part II
    Your Durable Power of Attorney For most people, the durable power of attorney is the most important estate-planning instrument available-even more useful than a will. A power of attorney allows a person...
  • Why, What and When You Need Estate Planning
    Sitting down with a financial advisor to plan the transfer of all of your personal assets upon the event of your death to your chosen beneficiaries is called estate planning. Successfully planning your...
  • Fair Market Value of an Estate
    Fair Market Value is defined as: "The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or...
  • The Living Will
    A living will is not about who inherits your stocks and bonds when you die and it doesn't designate who gets the family home or your mother's jewelry. What a living will does is establish your wishes about...
  • When is the return due?
    Generally, the estate tax return is due nine months after the date of death. A six month extension is available if requested prior to the due date and the estimated correct amount of tax is paid before...
  • Estate planning basics
    Greek philosopher Heraclitus had remarked that 'you cannot step into the same river twice' i.e. time will never be the same... 'Change' is the only constant factor and 'Death' is the only certain thing...
  • Inheritance in O/R Mapping
    Object oriented applications usually have inheritance as an important part of their design, including in their domain objects. However, the corresponding data model has no built-in mechanism for specifying...
  • Inheritance Tax, A Concise Guide
    With ever-increasing property prices, more and more people's assets are now worth more than the inheritance tax threshold of £285,000, which has never been increased in proportion to the recent property...
  • The Revokable Trust: Is it Really Revocable?
    The revokable trust, really spelled as the revocable trust, or the revocable living trust, but many refer to as the revokable trust or the revokable living trust, is a very popular and common estate planning...
  • When To Fund Your Living Trust - Part I
    I have received a number of emails lately about funding a living trust. It's a question that seems to confuse a lot of people because there appears to be several right answers. And, there are several right...
  • What Is An Inheritance Tax And When Is It Applied?
    When an individual passes, on the federal government imposes an estate tax. This estate tax only applies to estate properties that are over one million fifty thousand dollars. The federal government is...
  • What is included in the Estate?
    The Gross Estate of the decedent consists of an accounting of everything you own or have certain interests in at the date of death. The fair market value of these items is used, not necessarily what...
  • Estate Planning
    Estate planning can enable you to control your property while you are alive, take care of you and your loved ones if you become disabled, and give what you have to whom you want, the way you want, and...
  • Living Will Is An Answer To A Problem
    For many people, Terri Schiavo was the face of an emotional struggle over the right to live and the right to die. It sparked a heated global debate and inspired even the most apolitical citizens to take...
  • An Estate Planning Primer
    An estate is the total value of everything we own--and business and personal assets can add up quickly. Everyone has an estate. And realize it or not, everyone also has an estate plan. An estate plan can...
  • Inheritance taxes explained
    Reduce inheritance taxes by giving gifts!The inheritance tax is the same thing as the estate tax in the United States, but with a different name depending on the country that you are talking about. The...
  • Estate Planning for Santa Claus
    What if Santa and Mrs. Claus decided to do an estate plan? Although they would doubtless be great clients, the actual plan could be a challenge. What is the size of the Claus estate? It is extremely hard...
  • Last Will And Testament Considerations
    Interest in a Last Will and Testament and other end of life planning documents skyrocketed during the coverage of Terri Schiavo's case, but interest didn't always lead to action. It isn't that people laugh...
  • Last Will And Testament Considerations
    Interest in a Last Will and Testament and other end of life planning documents skyrocketed during the coverage of Terri Schiavo's case, but interest didn't always lead to action. It isn't that people laugh...
  • Living Will - Why you need one now!
    Living Will - Why it's critical that you have one! A Living Will is a legal document that allows you to direct healthcare professionals to act on your behalf regarding life-sustaining intervention and...
  • Is Estate Planning for Everyone?
    Many people think they dont need an estate plan. They relate the term to tax planning and feel that their estate is not big enough to bother. They therefore think estate planning has nothing to do with...
  • Legal Wills In America - A Top Priority
    For most of us, life is hectic and we often put important issues such as preparing a legal will on the back burner. It is not a topic that most people like to think about, but the reality of having a legal...
  • 6 Reasons Why You Should Have A Living Trust
    If you've ever thought about a living trust, it's probably because you hate the idea of going through probate. Living trusts have been heavily marketed on that basis over the past several years and, yes,...
  • Say what? You Don't Have An Estate Plan . . . !
    If you haven't taken the time to prepare your estate plan, you're not alone. According to a survey conducted by FindLaw.com, a whopping 55% of Americans haven't even taken the time to have a will prepared,...
  • What is Unclaimed Inheritance? Am I owed Any?
    Are you aware there is over $35 BILLION in unclaimed money in the United States and some of it is unclaimed inheritance. This article will tell you what unclaimed inheritance is and how to find out if...
  • Inheritance taxes explained
    Reduce inheritance taxes by giving gifts!
    The inheritance tax is the same thing as the estate tax in the United States, but with a different name depending on the country that you are talking about. The...
  • Second Marriages - Estate Planning Concerns
    One of the biggest areas of dispute in estate planning is with second marriages. Here is a question I received. Ive changed the facts around so that I am not giving specific legal advice. Phil, My dad,...



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