Will the Estate Tax Ever Go Away? The “Estate Tax” is the tax that the government puts on the assets that are transferred to your beneficiaries when you die. Taxable assets can include real estate, stocks, money in a bank account, and other valuable belongings. It does not look like the estate tax will permanently…Continue reading Will the Estate Tax Ever Go Away?
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 at the importance of preparing for the unexpected; they blame procrastination and laziness. DO YOU HAVE…Continue reading Last Will And Testament Considerations
Getting the Best Deals in Attorney Services Sometimes, finding the right attorney and the best attorney services is not easy. There are lots of things that you need to consider. You have to think about the services you need and what specific legal expertise do you need. Your state laws for getting attorney services are…Continue reading Getting the Best Deals in Attorney Services
Trust funds guide A Trust is perhaps the best channel to keep your money and other assets safe and secure for your future generations. It is a lawful creation that isolates your money for specific reasons. A trust is beneficial even when the grantor is alive and after his death. A grantor, settler or donor…Continue reading Trust funds guide
Leaving time shares and probates to loved ones People who face time shares and probate issues have the trouble of deciding what will happen to the property. For those who do not know, probate is the legal process of transferring the property of a person upon their death. Time shares and probate costs a lot…Continue reading Leaving time shares and probates to loved ones
Probate Auctions On E-bay Whenever a person dies and leaves behind debt creditors, the administrator or executor of that person’s estate faces certain challenges in quickly selling real and personal property in order to satisfy creditors. The probate process is long and drawn out, and every shortcut available should be sought in order to shorten…Continue reading Probate Auctions On E-bay
The Budget 2005 & Inheritance Tax Introduction ‘The Government’s economic objective is to build a strong economy and a fair society, where there is opportunity and security for all.” So reads the opening statement of the Labour Government’s 2005 Budget. But the word ‘fair’ is wide off the mark when considering the incidence of inheritance…Continue reading The Budget 2005 & Inheritance Tax
Last Will And Testament Planning Is Necessary Ready to start thinking about your Last Will and Testament but don’t know where to start? Choosing an attorney Find a lawyer with related areas of expertise, like estate planning and taxation law. And check with local the Bar Association to see if the attorney has had any…Continue reading Last Will And Testament Planning Is Necessary
Should You Pay Taxes Or Not? The first attempt to impose an income tax on America occurred during the War of 1812. After more than two years of war, the federal government owed an unbelievable $100 million of debt. To pay for this, the government doubled the rates of its major source of revenue, customs…Continue reading Should You Pay Taxes Or Not?
After some research I spoke with a professional on the topic, San Diego Probate Attorney described it like this. With a testimony, the testator is able to express his “final will” and define rules for the inheritance, however a testament can likewise be invalid. With a testament, the testator sets up for the disposal of his…Continue reading Testimony: Effectively Preparing the “Final Will”