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What is the first step in the estate planning process? Inventory your stuff. You may think you don’t have enough …
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These funds may be used to change a breadwinner’s incomes, to ensure an essential family goal (like a college education), …
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Bypassing over the grantor’s children, the assets avoid the estate taxes…taxes on an individual’s property upon their death…that would apply …
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How is probate granted? The probate process is a court-supervised proceeding in which the authenticity of the will left behind …
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Who owns the property in a irrevocable trust? Irrevocable trust: The purpose of the trust is outlined by an attorney …
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Do unpaid debts go away? In most states, the debt itself does not expire or disappear until you pay it. …
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How do I file for bankruptcy if I have no money? To become eligible for the fee waiver, you must …
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Another of the executor…s duties is to notify creditors of the death and settle all outstanding debts. This step can …