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Don't Be Like Anna Nicole Smith and Teri Schivo!
A warning to parents who don't have wills to say who should get the children should something happen to them.
Belinda Rachman, Esq
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The Unintended Consequence of Your Living Trust
Many couples have executed an A-B "credit shelter" trust in order to preserve estate tax exemptions for both spouses. This can potentially benefit the heirs by saving nearly one million dollars in inheritance taxes. The consequence of the credit shelter trust, however, is that estate assets are necessarily sheltered from the surviving spouse.
Michael Elson
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No Living Will & Power Of Attorney? HIPAA Law Shuts You Out
Are you aware of the change in the health care privacy laws in 2003? It is a matter of life or death! If there is no specific written permission a spouse or adult child may not be permitted to receive medical information or make medical decisions for their loved one.
Steven W. Allen
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Is It Too Late To Create Your Living Trust?
Benefits of a living trust include avoiding probate and estate tax savings.
Ruth Campbell
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Probate Attorneys - Sometimes A Specialist is Really Needed
Attorneys can be very useful in times of bereavement. Probate complexities can be overwhelming to a grieving survivor, and lawyers trained in dealing with such complexities can be instrumental in getting through such a time. Let's explore the ways in which hiring a probate attorney can be beneficial to the family -- even prior to passing on.
Kathy Hildebrand
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The Basic Use of a Living Trust
Estate planning is a tricky concept, but one you have to tackle. The living trust is a key component of most estate planning efforts.
Barry Waxler
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Living Wills in Kentucky
If you become unconscious or too ill to communicate your own medical care decisions then the staff will follow your living will, which gives you a voice in the type of treatment you want. As long as you are able to express your own decisions, your living will cannot be used and you can verbally refuse or accept any medical treatment you want.
Nick Fagan
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Dying Without a Will in Texas: What Happens?
Question: ? Is it true that the state gets everything if I die without a Will?? Concerned clients routinely ask this question expressing their concern in keeping the State from taking their hard-earned estate upon their deaths. Fortunately, the State does not take the property of someone dying without a Will. Instead, Texas law dictates how the assets of someone dying without a Will are divided upon their death.
Jason Brower
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Pocket Living Will - Preserves Wishes And Assets
She lay alone and unconscious for days until rescued by her mail carrier and police. Mary's foresight in preparing her living will and carrying a special copy with her not only preserved her healthcare wishes but provided the person with her power of attorney the opportunity to protect her assets and carry on with her financial affairs.
Steven W. Allen
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The Great "Will" Myth
Did you realize that creating a will is one of the preliminary steps to passing your assets onto the next generation. You must take additional measures to preserve the current value or you will transfer substantially less than you planned. Excessive taxes, known as death taxes, can erode as much as 55% of your estate. Establish your wealth transfer
Raleigh Makarechian
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