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September 2019

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September 30, 2019 / Last updated : September 7, 2019 William Lee Probate Lawyers Speak

Trusts: Revocable and Irrevocable

Trusts, both revocable and irreversible, use a range of options that permit you to customize your estate plan to your specific needs and desires. If you have an estate that extends beyond a basic Last Will and Testimony, you need to comprehend the distinctions between these two types of Trusts. RevocableWhen a Trust is revocable, […]

September 28, 2019 / Last updated : September 7, 2019 William Lee Probate Lawyers Speak

Should I Make a Will and Trust Part of My Estate Plan?

Wills and trusts both serve crucial roles in estate plans. They serve various functions and might be suggested in different scenarios. Some individuals just have a will while others just have a trust. Others have both. Talking with an estate planning attorney can assist you identify whether to include these files as part of your […]

September 26, 2019 / Last updated : September 7, 2019 William Lee Probate Lawyers Speak

Products to Put with Your Will

When you produce an estate plan, among the most essential things that you could do is to make sure that all of your files are in order and easily available when it comes time that they are required by your loved ones. If your estate is organized, this will conserve your family a lot of […]

September 24, 2019 / Last updated : September 7, 2019 William Lee Probate Lawyers Speak

Valuing an Estate– Date of Death Values

If you are the executor or individual agent of somebody’s estate then among the very first responsibilities you will perform is to obtain date of death worths for all properties of the estate. For some properties it is reasonably easy to get the worth on the day of death while for others it is a […]

September 22, 2019 / Last updated : September 7, 2019 William Lee Probate Lawyers Speak

Repeal of Estate Tax Likely to be Short-term

As December 31 came and went, so did the federal estate tax – or at least for the time being. The estate tax, or the “death tax” as it is more affectionately known, is a tax imposed on the property and possessions (i.e. “the estate”) that a private leaves behind at death. Under 2009 rates, […]

September 20, 2019 / Last updated : September 7, 2019 William Lee Probate Lawyers Speak

Estate Planning And Spouses: Is A Joint Will A Good Idea?

The option for creating a joint Will exists in some jurisdictions, and this is why the topic is still gone over in many law school courses Some states do not recognize the credibility of joint Wills, and most trustworthy estate planning attorneys will advise versus them. Just because you enjoy one another, and maybe even […]

September 18, 2019 / Last updated : September 7, 2019 William Lee Probate Lawyers Speak

Prenuptial Plan’s Effect on Estate Plans

Prenuptial contracts can affect the impact of an estate plan. This is why it is crucial to understand the prospective implications of a prenuptial contract prior to participating in along with what strategies can be made in an estate plan after it has actually been entered into. Prenuptial Contract Fundamentals Prenuptial arrangements are contracts that […]

September 16, 2019 / Last updated : September 7, 2019 William Lee Probate Lawyers Speak

Property through Intestacy Dangers

An estate plan is essential when creating property or structures on land. Without an intend on what might happen when the holder is not able to perform tasks or loses his or her life, there are frequently serious problems that happen. Difficulty for the Family For the making it through members of the family to […]

September 14, 2019 / Last updated : September 7, 2019 William Lee Probate Lawyers Speak

Should I Appoint Co-Trustees?

For many people, a thorough estate plan includes several trusts. Trusts use various benefits such as flexibility, control and both tax and probate avoidance in many cases. Although there are a variety of trusts that you can pick from when you choose to develop a trust, all trusts need the exact same standard aspects to […]

September 12, 2019 / Last updated : September 7, 2019 William Lee Probate Lawyers Speak

Your Unique Requirements Child and Estate Planning

When there are children with special requirements that may inherit or depend on the estate owner, certain provisions are required in the estate plan. This could include health care, long-lasting care, planning for the unanticipated and employing a representative to ensure company matters are looked after while the child gets used to his or her […]

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