Last edited by Miktilar
Tuesday, November 3, 2020 | History

4 edition of Estate planning for everyone found in the catalog.

Estate planning for everyone

Patrick F. Flaherty

Estate planning for everyone

the whole truth from planning to probate

by Patrick F. Flaherty

  • 114 Want to read
  • 7 Currently reading

Published by Harper & Row in New York .
Written in English

  • Estate planning -- United States

  • Edition Notes


    StatementPatrick F. Flaherty and Richard S. Ziegler.
    The Physical Object
    Paginationvii, 113 p. ;
    Number of Pages113
    ID Numbers
    Open LibraryOL23255824M
    ISBN 100690019432

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Estate planning for everyone by Patrick F. Flaherty Download PDF EPUB FB2

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Everyone needs a will. A will can ensure that your assets are distributed to the people and in the amounts that you wish after you're gone. A will also allows you to name who you wish to be the guardian(s) of minor children you may have.

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Before you begin to take action on your estate plan, it's important to understand the key topics that may arise as you address your specific needs. What is Estate Planning.

Believe it or not, you have an estate. In fact, nearly everyone does. Your estate is comprised of everything you own— your car, home, other real estate, checking and savings accounts, investments, life insurance, furniture, personal possessions. Here are a few common estate-planning concerns and the types of trusts that might help address them (there are more in the book): Concern: You want to avoid estate taxes.

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Names of family advisers. Location of any valuable papers not included in your estate planning notebooks or folders.

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In this handy Q&A guide, you’ll find answers to all of your questions about taxes, gifts, wills, will substitutes, and much more Author: Lita Epstein. Denis Clifford's book, Plan Your Estate is just the kind of comprehensive guide you need when making an estate plan.

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Done right, organizing your assets can help avoid family fights and prevent a majority of your estate from going to the government later. But. Probate is the method by which your estate is legally transferred after you die.

When estate planning and writing your last will and testament, keep these tips in mind to help the probate process run smoothly. You can be both specific and general in your last will and testament — it’s up to you.

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Your estate plan can be something simple that requires almost no outside help or something more complex that may require professional assistance. This guide will help you gather the information you need for either scenario or anything in between.

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Gleaned from his forty-four years as an estate attorney, Sharp describes the probate process and the many reasons why it should be your last resort in estate settlement methods in How to Avoid Probate for Everyone. Living trusts are important, but there are many alternatives to using a Released on: Ap ESTATE PLANNING DOCUMENTS Estate planning documents include Wills, trust agreements, beneficiary designations for life insurance, (K) plans and IRAs, powers of attorney for health care and property, buy-sell agreements, and living wills.

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Failure to plan can mean chaos for loved ones left to decide these issues. - Kelli E. Understand estate planning and the importance of having a will. Gather the information they need to prepare to draft or update your will. Discover ways to minimize taxes and liabilities for your families.

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The purpose of this book is to allow you to be an informed consumer so that when you meet with an estate planning attorney, you can be your own advocate and will have a fundamental understanding of the goals you are trying to accomplish for your loved ones.

Revocable trusts, commonly called “living trusts,” are an effective estate-planning tool for avoiding the costs and hassles of probate, preserving privacy and preparing your estate for ease of Author: Judy Martel.

What estate planning is and why it matters. Why estate planning is so new for indie authors, and when authors should begin to think about it. The areas of an indie author's business that should be covered by a will and the things that are handled separately.