Posts by zola.support.team:
Forgiving Debts in an Estate Plan
Forgiving Debts One gift which is commonly overlooked is the gift of forgiving a debt. An estate plan designates who will receive assets and property, but it can also designate …
- Posted on: Jul 6 2011
Estate Planning for Your Relationship
Protecting the Person Closest to You Many couples over age fifty who have been divorced or widowed are choosing not to marry again; rather, they are choosing to live together …
- Posted on: Jul 5 2011
What Can an Attorney-in-Fact Do?
Guardians Have Limited Power A guardian or attorney-in-fact (through a power of attorney document) may be appointed to take care of financial matters if the principal becomes incapacitated. Appointing someone …
- Posted on: Jul 1 2011
Giving to Charity in an Estate Plan
Giving is Good They say “you can’t take it with you when you go” so what should you do with the assets you have worked so hard to earn over …
- Posted on: Jun 30 2011
What is a Reverse Mortgage?
Reverse Mortgages A reverse mortgage can be very appealing to anyone over age 62 who has significant equity in their home. A reverse mortgage is not like your typical mortgage …
- Posted on: Jun 29 2011
Your Will May Be Available to the Public
A Last Will and Testament is Not Private When a will goes through the probate process, all the details in it become part of the public record. Anyone can go …
- Posted on: Jun 28 2011
New Estate Tax Laws Allow Portability
Tax Relief Act The new estate tax laws which took effect in 2011 include an option for spouses to combine their tax exemptions so neither spouse loses the full amount …
- Posted on: Jun 27 2011
Federal Estate Tax Benefits
The Current Federal Estate Tax Benefits May Not Last The current tax legislation is set to expire in just two years at the end of 2012. Congress may decide to …
- Posted on: Jun 24 2011
A Sole Proprietorship in Estate Planning
Running your Own Business A Sole Proprietorship is a business directly run by an individual rather than an entity such as a limited liability company or corporation. When the sole …
- Posted on: Jun 23 2011
Three Instances When you Should Sell Property
When Should You Sell Property in an Estate? Deciding when to sell property in an estate will vary from family to family but some circumstances make the decision to sell …
- Posted on: Jun 21 2011