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There are some documents that everyone needs for estate planning, but there can be additional requirements depending on how complex the estate gets. Some estates are simple, and some estates are very complex and require many, many legal documents; however, all estates need a few basic documents as discussed by the Chicago Tribune in “Documents […]
When it comes to the business of family farming, there are special considerations to passing on assets to one’s heirs through estate planning. Farms generally do not only include land and crops but a pretty expensive tax liability from farm equipment, and they often lack liquid assets to pay taxes as Ohio’s County Journal and […]
Estate planning can help make sure any transfer of wealth goes smoothly. Members of the Baby Boomer generation have made a considerable impact on the country and are about to make another one as they inherit from the previous generation and then pass it on to their children, according to Huffington Post Canada in “Estate […]
There are many, many answers for the best time for estate planning. The best time for estate planning for you is when you are thinking about getting an estate plan, but as the Lowell Sun points out in “Summertime is right time for estate planning,” other answers are also possible. The article suggests that getting […]
Same-sex couples would be wise to get an estate plan rather than just depend on new legal protections. If same-sex couples get married in the U.S. today, they enjoy legal protections, but the Huffington Post recently gave some tips for same-sex couples in “5 Estate Planning Tips LGBT Families Need To Follow In 2016,” including: […]
Everyone, including lifelong singles, should have an estate plan. If you are not married and do not have any children, you might think you do not need an estate plan, but the NWI Times recently addressed this in “Single childless adults need to plan too.” As the article points out, if such a person passes […]
You do have an estate, and if you don’t have a plan, a court steps in and handles it … and perhaps not the way you’d like it done. We are all aware of the estates left behind by the very wealthy and don’t think of the term “estate” for the ordinary person, but as […]
There is a simple reason for having an estate plan and that reason is your family. While some things in life can get complex there is a simple reason for setting up your estate plan as discussed in the Herald Times Reporter “Estate planning: Why?”. The reason for getting an estate plan boils down to […]
Some people believe the system of retirement in the U.S. is coming to an end. The generally accepted concept is that as Americans live longer, the health system will be strained but that theory is being disputed as Nautilus discusses in “Retiring Retirement.” Some people believe we are on the verge of many scientific and […]
Not everyone is knowledgeable when it comes to taking care of horses. When it comes to including the care of your horse in your estate plan horses are different as The Horse points out in “Estate Planning Tips for Horse Owners.” If you leave someone your dog in your estate plan without telling them beforehand […]
