Summary probate - What's the best way to give money now? - You need a living trust
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OUR LEGAL INFORMATION WILL HELP YOU TO BETTER UNDERSTAND A REVOCABLE LIVING TRUST AND ESTATE PLANNING RELATED ISSUES
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Significant goal of estate planning is to avoid probate.
For many Americans, a significant goal of estate planning is to avoid probate. A living trust, unlike a will, offers people a fast, private, probate-free way to transfer one's property after death. Although a living trust is not a complete substitute ... More details | Successor trustee.
The person or institution who takes over the management of trust property when the original trustee has died or become incapacitated. ... More details | Summary probate.
A relatively simple probate proceeding available for "small estates," as that term is defined by state law. Every state's definition is different, and many are complicated, but a few examples include estates worth up to $100,000 in Californ ... More details | What's the best way to give money now?
- Giving gifts to family and charity while you're alive can be a boon to them ... and your estate. Estate planning isn't just about how you want your assets distributed after you die. It's about deciding how much you want to give away while you're st ... More details | You need a living trust.
The big advantage to making a living trust is that property left through the trust doesn't have to detour through probate court before it reaches the people you want to inherit it. In a nutshell, probate is the court-supervised process of paying your ... More details |
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Please read more related legal information:
Living Trust Legal Articles
Frequently Asked Questions
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Problems Solved by Estate Planning
A living trust can solve many of the problems encountered in estate planning. Some ...
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Try to Avoid Probate with Living Trust
First of all, what is probate? We've heard various things about probate and we pretty ...
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The AB Living Trust Saves Taxes
Some people must consider federal estate tax when planning their finances. Estate tax ...
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