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Topic: Estate planning


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In the News (Sun 15 Nov 09)

  
  Estate Planning Attorneys
Estate planning is a process to consider alternatives for, to think through, and to set up legally effective arrangements that would meet your specific wishes if something happens to you or those you care about.
Estate planning attorneys are subject to regulation by state bar organizations, many of which have continuing education requirements and mandatory liability insurance in case the lawyer makes a mistake.
estate plan may be effectively challenged by those who assert that you lacked capacity at the time the documents were created, that you were subjected to fraud, coercion or undue influence during the creation and implementation of your plan.
www.lawinfo.com /index.cfm/fuseaction/Client.lawarea/categoryid/61   (1383 words)

  
  Estate Planning
No, typically estate planning is done in order to protect surviving family, to control the disposition of assets, and to establish guardianship for minor children or persons who are not competent to manage their own affairs.
If all of an estate goes from the spouse who dies first to the survivor then there would be no estate tax (although there might be other types of taxes depending on the state of residence and the type of property contained in the estate).
However, the tax which is applied to the estate of the surviving spouse could be much higher than it would have been with proper planning due to the consolidation of all assets in that person’s hands.
www.swanklaw.com /estate_planning.htm   (1682 words)

  
 Estate Planning in Montana: Getting Started, from the MSU Extension Service
Estate planning is the process of arranging your affairs regarding the use and distribution of your property.
Estate planning is a topic that is often avoided by individuals because it deals with attitudes and feelings about death, property ownership, business arrangements, marriage and family relationships that they or other family members may not be ready to contemplate.
Estate planning is the process of arranging your affairs to meet your objectives regarding the use, conservation and distribution of your property.
www.montana.edu /wwwpb/pubs/mt9508.html   (2787 words)

  
 Estate Planning
Planning for one's death is not an easy thing to do, but without it all that one has worked to build can be undone by heirs, or in court.
Estate tax rates begin at 28% and increase to a maximum of 55% for the largest estates.
In this way, the estate's executor is directed to execute the easement before the estate is valued and settled.
www.washtenawlandtrust.org /estate.htm   (449 words)

  
 Thinking the Unthinkable: What Everyone Needs to Know About Estate Planning
Consequently, they often ignore estate planning because they assume that their estate is too small to be taxed.
Estate planning is essential to anyone who owns a business because typically the business is the largest asset in the owner’s estate.
Like other aspects of estate planning, succession planning involves the issue of mortality and family conflict, therefore planning is frequently postponed until it is too late.
www.fpanet.org /public/tools/estate_planning.cfm   (2579 words)

  
 Estate Planning
Estate planning is the systematic process of using the most effective and efficient methods for the accumulation, conservation, and distribution of the estate assets according to wishes of the owner of an estate, while minimizing the effect of:
Estate taxes are taxes based on the value of the estate you leave when you die.
Estates valued at more than $675,000 in 2000 (The amount will increase gradually to $1 million by the year 2006), are subject to the federal estate tax.
www.txcpa.net /estate_planning.htm   (383 words)

  
 TEC® Best Practices
In addition to minimizing taxes, an estate plan should ensure that your children have financial incentives to work hard and become contributing members of their communities, prevent family conflicts, prepare your children and grandchildren for the wealth they will receive, protect against divorce and protect your assets so the business continues.
The family letter of intent identifies specific estate planning goals, provides clarity and direction, and serves as a touchstone for all key decisions during the planning process.
A regular keynote speaker at estate planning seminars, he is frequently interviewed on radio and television regarding estate planning issues and has published many articles on the subject.
www.teconline.com /www/bestpractices/estate_planning.asp   (2802 words)

  
 Estate Planning
An estate plan can be as simple as retitling assets, and executing a will, a durable power of attorney and health care directive, or as complex as a recapitalization or reorganization of a family business, and execution of several advanced estate planning devices.
Estate taxation and family dynamics can be preplanned with the help of additional estate planning methods.
Even well planned estates will leave the trustee or personal representative with tax questions, mechanical and ethical issues for which professional advice is needed.
www.stonebridgestl.com /consulting_estate_planning.htm   (1019 words)

  
 Estate Planning
My major for my Masters in Financial Planning was in Estate Planning primarily because I viewed this as one key area that was not being properly addressed by the public.
ESTATE PLANNING ATTORNEYS LINK: This is a link to the American College of Trust and Estate Counsel.
ESTATE PLANNING FOR THE LUCKY LINK: You may never win the lottery, but there is a lot more than just taking the money.
www.efmoody.com /estate/estateplanning.html   (3061 words)

  
 Estate Planning for the San Francisco Bay Area
Estate planning was greatly complicated by the tax law changes in 2001.
A good estate plan can be developed only after the individual clarifies his or her current financial needs and incorporates those with the desire to pass assets to future heirs.
Once the retirement and estate plan is developed from a financial, asset protection perspective, an individual is ready to draft appropriate legal documents and to participate in investment review and allocation.
www.skocpa.com /servEstate.htm   (410 words)

  
 CCH Financial Planning Toolkit | Estate Planning
Estate planning is a fancy term for trying to soften the impact of your death on those you leave behind.
Estate planning also involves trying to make provisions in advance for the hundreds of details that are associated with a person's death.
If you are mature enough to have already considered investment planning, insurance planning, or retirement planning, it should only be a slight stretch more for you to consider estate planning.
www.finance.cch.com /text/c50s00d010.asp   (730 words)

  
 Getting Ready for Estate Planning
Estate planning is making the most of what you have, both now and after your death.
Estate planning allows you to arrange your affairs according to your wishes.
It is designed to create an awareness of the need for estate planning and to help families become better acquainted with some of the issues involved.
www.ces.purdue.edu /estateplanning   (193 words)

  
 Products & Services - Estate Planning
Under the law, the estate tax would disappear in 2010 – then reappear at current levels in 2011 unless new laws are passed in the future to extend the tax elimination scheme.
Planning is still the key to keeping you in control of the wealth you have accumulated.
Qualifying assets in the estate will be allowed a step-up in basis of up to $1.3 million and there is up to an extra $3 million step-up in basis on qualifying property left to a spouse.
www.axaonline.com /rs/axa/services-products/7e_estate_plan.html   (1094 words)

  
 Estate Planning
To formulate a legally valid estate plan, you will need the services of a professional familiar with estate planning, preferably one who has expertise in planning for parents of persons with disabilities.
Thus, the Letter is a crucial part of any life or estate plan, because it speaks both for and about the person with a disability and his or her family.
The affiliates may have publications specific to the laws of the state and may be able to refer families to local financial planners and attorneys specializing in estate planning when a son or daughter with a disability is involved.
www.autism-pdd.net /estate.html   (8281 words)

  
 Understanding Estate Planning - by estateplanninglinks.com
Findlaw: Estate Planning 101 - Basic information for introduction to estate planning, including estate planning and probate dictionary.
Estate Planning Links Top Seven Estate Planning Questions - provides helpful answers easy to understand and to the point.
Estate Planning Tutorial including basic and more advanced concepts from Prudential.
www.estateplanninglinks.com /basic.html   (436 words)

  
 Estate planning - Wikipedia, the free encyclopedia
Estate planning is the process of accumulating and disposing of an estate to maximize the goals of the estate owner.
The various goals of estate planning include making sure the greatest amount of the estate passes to the estate owner's intended beneficiaries, often including paying the least amount of taxes and avoiding or minimizing probate court involvement.
After widespread litigation and media coverage surrounding the Terri Schiavo case, virtually all estate planning attorneys now advise their clients to also create a living will.
en.wikipedia.org /wiki/Estate_planning   (378 words)

  
 NC Estate Planning Attorneys, Wills, Trusts, Healthcare Powers of Attorney
Without proper planning, the death of a person can be devastating to his or her partner and family.
This need for an estate plan is critical in case of an accident or illness that renders the partner incapable of making decisions or managing his or her affairs.
Without a proper estate plan, the other partner could be legally precluded from having any role in the decision-making of his partner's care, managing his or her affairs, or even having access to the incapacitated partner.
www.carolinafamilylaw.com /estate.html   (803 words)

  
 Quarles & Brady LLP - Estate Planning
The Trusts and Estates Group of Quarles and Brady LLP views estate planning as an ongoing process that comes into play at natural stages of professional and personal life.
The Trusts and Estates Group is a sophisticated, experienced practice group with an extensive history of providing effective legal counsel to high-net-worth individuals and their families.
Our complete estate planning services are designed to provide our clients with tax-efficient estate plans which are sensitive to family and business circumstances.
www.quarles.com /Services/ServiceDetail.aspx?firmService=38   (1134 words)

  
 Retirement, Estate Planning, Long Term Care, Bill Judge and Associates, Virginia, Maryland, Wills, Trusts, & Asset ...
Estate planning may seem to be a difficult and emotional issue.
Estate planning is a process of developing a "plan" that will accomplish the financial goals and objectives you have identified both while living and at your death.
A primary goal of estate planning is to decide in advance how these costs will be paid and to determine which methods are available to reduce the potential shrinkage of an estate.
www.legacyalive.com /pages/estate.html   (1634 words)

  
 Estate Planning - Wex
Estate planning is the process by which an individual or family arranges the transfer of assets in anticipation of death.
An estate plan aims to preserve the maximum amount of wealth possible for the intended beneficiaries and flexibility for the individual prior to death.
A major concern for drafters of estate plans is federal and state tax law.
www.law.cornell.edu /topics/estate_planning.html   (327 words)

  
 Telhio: Estate Planning Overview
If your taxable estate exceeds $1,000,000 (for 2002, as indexed), the balance of your estate is subject to marginal tax federal rates starting at 18% and going as high as 50%.
To take full advantage of this credit in both your estate and your spouse’s estate, regardless of the order of death, it is important to structure your estate plan properly.
The estate plan should consider the impact of either order of death and the effect of inflation on specific assets within the estates.
www.telhio.org /estate_planning.html   (1328 words)

  
 Estate Planning News   (Site not responding. Last check: 2007-09-17)
Estate Planning News continually updated from thousands of sources around the net.
PARENTS and grandparents who are worried how to fund their family's private school education may find they have an alternative in the shape of a plan developed by an insurance company in Luxembourg.
Estate attorneys compare value of living trusts to traditional wills By Angela Randazzo Special to the Acorn Have you designated how your personal property will be distributed after your death?
www.topix.net /personal-finance/estate-planning   (731 words)

  
 Estate Planning Attorneys New York NY Lawyers
Kaufmann Feiner’s trust and estates department, chaired by David A. Cannon, has true depth of experience and is uniquely situated to assist you in protecting and preserving your hard earned assets and transferring them in accordance with wishes.
In addition, Kaufmann Feiner’s trusts and estates department works closely with small businesses to address succession planning issues and comprehensive estate planning for the principals of those businesses.
Keeping your estate planning fees modest is the first step of preserving your estate for your heirs.
www.kaufmannfeiner.com /FSL5CS/Custom/TOCEstatePlanning.asp   (463 words)

  
 Estate Planning
Savvy owners of fast-growth companies realize that taking steps now to create an estate plan -- while their companies are young -- will be less fraught with complications, less expensive, and more advantageous to their beneficiaries.
Five hypothetical questions and answers about estate planning may help you sort out the alternatives that make the most sense for you and your company.
Estate planning is just one reason to consider the value of your business.
www.inc.com /guides/legal/23042.html   (664 words)

  
 Estate Planning   (Site not responding. Last check: 2007-09-17)
Fidelity's Estate Tax Calculator is an educational tool designed to assist you in calculating your potential federal estate taxes.
This should not be used as the primary basis for making estate planning decisions, and you should consult with an attorney or tax advisor regarding your specific legal or tax situation.
All of these provisions are scheduled to expire December 31, 2010, and the law will revert to what it would have been had the legislation not passed, unless legislation is enacted to extend it before that time.
web.fidelity.com /EstatePlanning/tools/tax/taxCalc.jhtml   (270 words)

  
 Raymond James Trust Companies - Estate Planning and the Life Insurance Trust   (Site not responding. Last check: 2007-09-17)
If most of the estate’s holdings are in real estate or other illiquid investments, heirs may have trouble raising cash to pay the estate taxes.
A charitable remainder trust is an irrevocable trust that enables an investor to give highly appreciated assets to his or her favorite charity and still derive lifetime income and enjoy tax advantages.
Net estate is the sum of the market value of an individual’s assets, less liabilities.
www.raymondjames.com /trust/estate_planning_trust.htm   (1368 words)

  
 Asset Protection Strategies | Estate Planning | Asset Protection Planning
In fact, you may not know this but everyone already has a Default Estate Plan in place, but I'm sure you really don't want your estate planning to be decided by the state...
The same laws that protect the super wealthy estates from estate taxes are available to you to protect your estate from the tax trap.
The major reason most estate plans and asset protection plans do not end up doing what they were supposed to is simply because they were not used and maintained appropriately.
www.diyassetprotection.com   (4446 words)

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