What Is The Difference Between A Will And A Trust?
A Will and a Trust serve different purposes. Most people don`t have either one. A Will and a Trust are similar in the effect that both let you designate exactly how you want your assets and other …
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What Is An Estate Tax?
The Estate Tax is a tax on the value of your property transfered to your hiers upon your death. The federal government allows every person to give away, either through lifetime gifts or upon …
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What Is An Advance Directive?
Advance directives are documents signed by a competent person giving direction to health care providers about treatment choices in certain circumstances. There are two types of advance directives. …
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How to Decide if You Need a Trust and Estates Attorney
Do it yourself wills and estate planning documents are available on the internet and in your local office supply store. However, before you decide to purchase these resources it is important that you understand whether your interests would be better served by hiring an attorney to draft the documents for you. Factors to Consider Before you make the decision about whether or not to …
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What are the advantages of purchasing an annuity for estate planning purposes?
There are several reasons that purchasing an annuity can be advantageous for estate planning purposes. Although annuities are typically invested by insurance companies in the stock market, they carry less risk because they provide periodic income for you to the rest of your life, and they provide a death benefit to your named beneficiary if you die before receiving payments from your …
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