Category Archives: Estates & Trusts

The Law of Trusts

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The accumulation of wealth is the result of hard work and vision. Without proper estate planning, forced liquidation of family forests or severe disruption of planned forest management activities is a distinct possibility. Our litigation team is always ready to enforce a beneficiary’s right to receive his or her full distributive share, as well as the right to expect that fiduciaries will discharge their duties faithfully, promptly, competently and without bias.

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The EXECUTOR'S GUIDE: a complete manual

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Because of the breadth of experience of our attorneys, we can work with you to implement any of the aforementioned techniques we agree to be the most likely to achieve your goals in a cost-effective fashion generating minimal estate and gift tax consequences. Read these sections to learn more about Florida estate planning: A living trust can be either revocable or irrevocable. We provide counsel on alternatives for transferring ownership and control to the next generation, and in solving liquidity concerns associated with estate taxes.

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Wills, Trusts, and Gifts (New Hampshire Practice ; V. 7)

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The tax code allows wealthy people to set up charitable remainder trusts and set up qualified personal residence trusts to own their personal residence yet leave it to their children without estate tax. We provide clients with multi-generational estate planning that is specifically tailored to your desires, including estate plans which utilize the following: We believe that all people - young or old, with few assets or a large estate - should have a legal will.

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LexisNexis AnswerGuide New York Surrogate's Court

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Also, using "and" or "or" doesn't make a difference. We assist executors in all steps of the process, including: When disputes occur between beneficiaries, we successfully represent your interests. Davis, Davis & Associates offers a wide range of estate planning, accounting, tax, and fiduciary services allowing individuals and families to preserve their wealth and assets. Estate planning can be complicated by many variables requiring unique solutions, such as difficult family situations, liquidity needs, and unusual assets.

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Constructive and Resulting Trusts

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At Nickerson Law Group we believe in providing the very best legal counsel and planning techniques. The forest holds an economic function, but also provides environmental benefits too, like being a source for clean air, clean water, and wildlife habitat. Financial services clients – managers of, or principals in, hedge funds, venture capital funds and other alternative investment entities – face an unusual set of estate planning challenges and opportunities. It may also be possible for the trust to purchase capital assets such as a house or vehicle for the use of the beneficiary, without the beneficiary losing entitlement to benefits.

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Practical Guide to Estate Planning, 2007 Edition (with CD)

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Chapter 37, Inheritance and Estate Taxes, Title 47, Taxation, Licensing, Permits, Assessments, and Fees, Division VIII, General Laws, District of Columbia Code. The Valuation Wars-A Change in IRS Battle Strategy? Com - Baltimore's Black Business Directory™ - Bridging the Gap Between Black Consumers and Black. As the Iowa Supreme Court has noted, this is a ceiling on fees, not a mandatory amount for fees.

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Exploring Private Law

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No legal representation or attorney/client relationship is created solely by use of this site. I specialize in Estate Planning and Probate Law and am Certified by the Texas Board of Legal Specialization. Each has made substantial contributions to these fields through lecturing, writing, and continuing education instruction. SunTrust, SunTrust Mortgage, SunTrust PortfolioView, SunTrust Robinson Humphrey, SunTrust Premier Program, AMC Pinnacle, AMC Premier, Access 3, Signature Advantage Brokerage, Custom Choice Loan and SunTrust SummitView are federally registered service marks of SunTrust Banks, Inc.

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The Law of Trusts and their Uses in Nigeria (Malthouse Law

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A "Living Trust" is different from a "Living Will," which expresses your wishes about being kept alive if you' become terminally ill or seriously injured. Includes telephone calls, follow up consultations and photocopies. In our experience, there are five common situations when it makes sense to have a living trust: You own property in multiple states and want to avoid multiple probates which entail additional court costs and legal fees. That beneficiary has no actual ability to get at those assets without third party approval.

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A Step-by-step Guide to Wills and Probate

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The author explains how the changes offer trustees new powers and the flexibility to achieve better and more equitable economic results in trust administration. If you are concerned or want to ensure that the administration of the trust is properly handled, please consult with an attorney for legal advice concerning your situation. Johannah is a member of the Northbrook Chamber of Commerce. Elder Law Services: We prepare living wills and powers of attorney, guardianships and conservatorships, preparation of specialized trusts for disabled persons and advice regarding planning for potential nursing home costs and Medicaid/Medical Assistance matters.

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Family Provision on Death (Longman Practice Notes)

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With a minimum of 5 years' experience in estate planning,trust and estate administration and related tax work.... We have planned, negotiated and drafted prenuptial agreements, cohabitation agreements, and other arrangements to: If a loved one should pass on before they have been able to implement or update an estate plan, you can still turn to post-mortem planning. At the Houston estate law firm of Garg & Associates, P. For 2007 2010, the annual gift tax exclusion is $12,000 $13,000.

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