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 …
more
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 …
more
Legal Articles
Establishing a Trust for Your Kids
Many parents want to provide for their children financially but may be reluctant to allow a teenager or young adult unfiltered access to the money. They may be concerned that a child or young adult may lack the maturity to make sound financial decisions. At the same time, the parents may want the money to be available for the child for things like education and healthcare. In …
more
Estate Taxes: How to Legally Minimize Your Obligation
People often say that there two things that unavoidable in life: death and taxes. So, to some it seems unfair when the two coincide and estate taxes are required to be paid on the assets that remain at the time of their death. The estate tax rate is 45%, or almost one half of the assets left in your estate. Accordingly, many people are interested in learning how to minimize …
more