Category: Estates & Trusts

A Student's Guide to Estates in Land and Future Interests:

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An irrevocable trust generally cannot be changed once it is set up. This leads to legal solutions tailored to the specific needs of each individual, business, or family. SunTrust Private Wealth Management, International Wealth Management, Business Owner Specialty Group, Sports and Entertainment Group, and Legal and Medical Specialty Groups are marketing names used by SunTrust Bank, SunTrust Banks Trust Company (Cayman) Limited, SunTrust Delaware Trust Company, SunTrust Investment Services, Inc., and SunTrust Advisory Services LLC.

How to Defend Yourself Against Your Lawyer

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We work with individuals who have no families to be certain the organizations or individuals they wish to benefit are also protected. Every business owner should take a step back and view the business as a significant asset of his or her estate and as his or her means for retirement. I can’t think of anyone I would rather have worked with through a difficult time. When complications arise, as they sometimes do, GSRM attorneys help find solutions to achieve the correct and desired result but in the most straight forward and least burdensome way.

ERISA Fiduciary Answer Book

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Additionally, it is often wise to pass assets to children in trust so that it is managed for them until they are responsible. We take the time to explore your goals for retirement and how you would like your assets to be distributed after death. All information on this web-site is available free of charge (except for the treatise, for which there is a subscription fee). It’s an absolute necessity to spell out your wishes regarding children such as who you want to care for them.

Special Needs Trusts: Protect Your Child's Financial Future

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Until you pass away, you may re-write or amend your will at any time. The trust may retain or might more frequently sell those assets (without the same capital gains tax burden the donor might have faced), and in accordance with the trust’s formula, make periodic distributions of income or principal to the donor or members of the donor’s family for the lifetime of the beneficiaries or for a specified term, after which, whatever remains in the trust will be given to charity.

An Estate Planner's Guide to Family Business Entities;

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An Estate Plan can be described simply as your Plan B. For this reason, many people that are involved in the probate process may want to discuss their situation with an attorney in order to ensure that their legal rights are protected. Avoiding probate court proceedings after your death can save your family time, money, and headaches. However, if the decedent made gifts during his lifetime, the decedent may have already used up a portion of his or her exemption amount and thus even if the estate is less than the exemption amount, a federal estate tax return may still be required.

20 Questions to Ask about Wills & Estates

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Members can receive up to 18 free hours of MCLE credits at brown bag lunch gatherings for the annual fee of $60 – that’s a value of $3 per hour! An adult who is mentally competent, but unable to manage his or her own estate may voluntarily petition for the appointment of a guardian. We are conveniently located at the corner of Williston Rd. and Kennedy Drive in South Burlington, near the Burlington International Airport.

Commonwealth Caribbean Trusts Law 2nd edition

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The trust will prevent court fees and taxes from becoming your loved one’s burden. Gantenbein Law Firm is a Colorado law firm that you can depend on when you need Estate Planning or have a Wills & Trust issue, including family trusts, living trust, trust funds, revocable trust, irrevocable trust, discretionary trust, Colorado probate, Colorado financial planning, charitable trusts, last will and testament, estate taxes, and more.

Lewin on Trusts

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Trusts and Estates Attorney Job in Cincinnati, OH*. Estate planning begins with an examination of your personal objectives and the preparation of legal documents that direct the disposition of your property in anticipation of death. Our attorneys are knowledgeable about the issues of aging and the resources to help seniors in Northern Virginia. We are experienced in counseling fiduciaries on issues related to their administrative duties established by statute, common law, and the governing trust document.

The Perfect Last Impression: The Art of Leaving More Than

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For example, at www.mywonderfullife.com, you can fill out forms detailing your arrangements, upload photographs, music and letters to family and friends, write your obituary, and more. Thank you for the excellent and prompt service. A probate lawyer can help guide you through the probate process after the death of a loved one. … Continue Reading… Estate Administration in Nashville, Tennessee Allison Thompson is an Estate Planning and Estate Administration Attorney in Nashville, TN, who specializes in trusts, estates, wills, probate, and elder law.

Read This...When I'm Dead: A Guide To Getting Your Stuff

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Therefore, capital gains are generally taxed to the estate or trust. Our firm provides clients with expertise in the preparation and administration of trusts for the benefit of all types of beneficiaries. Our Graduate Estate Planning Programs offer lawyers and non-attorney professionals the skills and expertise to succeed in the estate planning arena. In order for a trust to be effective, you'll have to do your homework and retitle assets to the name of your trust.