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articles, Estate Planning
Family Limited Partnerships (FLP) FLPs are excellent tools for long-term estate planning, even in light of EGTRRA, because they allow you to leverage gifts you make. This type of partnership converts an estate plan into a family business, allowing you to remain...
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articles, Estate Planning
Estate Planning Life Insurance Life insurance can play an important role in your estate plan. It is often necessary to support your family after your death or to provide liquidity. Not only do you need to determine the type and amount of coverage you need, but also...
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articles, Estate Planning
Estate Tax Saving Strategies Here’s a look at the most important estate planning tools and how you can use them to minimize taxes and maximize your estate’s value as the tax rules change over the decade. You’ll learn how the marital deduction,...
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articles, Estate Planning
Determining the Estate Tax The next step is to understand some estate tax basics. First you need to get an idea of what your estate is worth and whether you need to worry about estate taxes, both under today’s rates and as exemptions increase under EGTRRA....
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articles, Estate Planning
Estate Settlement You also should be aware of the other procedures involved in estate settlement. Here is a quick review of some of them. Your attorney, as well as the organizations mentioned, can provide more details. Transferring Property When thinking about...
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