http://www.FinanceArticle.com/articlerss.php?type=2&category=15Finance Article Articles RSS feedsen-usCopyright (c) Finance Article All rights reserved. http://www.FinanceArticle.com/index.php?page=article&article_id=242865 Many people wonder if they really need a will. They may think that they don't have enough assets to bother with a will. Some people erroneously believe that a will causes your heirs to have to go through probate, leading to unnecessary expenses. H http://www.FinanceArticle.com/index.php?page=article&article_id=257497 Estate planning involves distributing your assets after death to such people or causes according to your wish with minimum legal complications and the least tax incidence. And estate planning is not just for the wealthy; nor is it something to be http://www.FinanceArticle.com/index.php?page=article&article_id=116199 An estate plan can be designed by clients and their professional advisors to achieve the client...s personal and financial objectives. Or, it can be an arrangement imposed upon survivors by state intestate succession laws if someone dies with..out a http://www.FinanceArticle.com/index.php?page=article&article_id=250337 For Americans buying their dream property in Mexico, it...s important to understand the differences between Mexico...s real estate system and that of the United States. It...s never safe to assume that any law or process is the same between the two sy http://www.FinanceArticle.com/index.php?page=article&article_id=174116 There is often confusion, that estate planning is something only rich people or people in their later years need to take care of. This is a real problem because almost everyone but the very poor needs Estate Planning. Wherever you live in the Unit http://www.FinanceArticle.com/index.php?page=article&article_id=120586 Estate planning can enable you to control your property while you are alive, take care of you and your loved ones if you become disabled, and give what you have to whom you want, the way you want, and when you want, and if you wish, you can save e http://www.FinanceArticle.com/index.php?page=article&article_id=259354 Often during the final years of a dear friend...s or relative...s life some person or persons will take over the task of caring for their sick and elderly friend or relative to a greater degree than the other people in their lives. This is sometimes http://www.FinanceArticle.com/index.php?page=article&article_id=246282 All too often I am asked this question at seminars or in response to my newspaper ads. relative to Estate Planning. The Questioners have a genuine concern for their families and a realistic approach to life. Those who fail to ask this question lea http://www.FinanceArticle.com/index.php?page=article&article_id=221505 Assume that an older, wealthy widow(er)or divorced individual has a substantial amount in tax-deferred retirement plans such as defined contribution pension plans, 401k plans, 403b plans, and traditional IRAs. The widow(er) wants to leave the reti http://www.FinanceArticle.com/index.php?page=article&article_id=242867 If a person passes on without estate planning of any kind, whether that planning is some kind of will or trust, they are said to have died intestate. Intestate law is the law that decides how assets are transferred and creditors satisfied if a pe http://www.FinanceArticle.com/index.php?page=article&article_id=259349 Every state has statutes and mechanisms in place that deal with disposal of tangible assets whether the deceased had a will or not. Families might fight over who gets the house, the cars, the stocks and the cash, but there is generally no question http://www.FinanceArticle.com/index.php?page=article&article_id=45244 A surprising number of readers want to know ."Can a living trust protect my family's assets from creditors .and lawsuits?"I think there are some promoters out there that use this as a .pitch to get people to set up a living trust using thei http://www.FinanceArticle.com/index.php?page=article&article_id=52444 When it comes to discussing offshore anything and US citizens - from offshore trusts to investments, from offshore banking to company incorporation - it...s important to note the following facts: -- US citizens are taxed on their worldwide in http://www.FinanceArticle.com/index.php?page=article&article_id=228253 Many people think they don...t need an estate plan.. They relate the term to tax planning and feel that. their estate is not big enough to bother. They . therefore think estate planning has nothing to do . with them.But estate planning is mor http://www.FinanceArticle.com/index.php?page=article&article_id=274920 We all know that we need to have our lives in order in the event of our demise because our families are so important to us. As the Death Tax slowing dies over the next many years, it behooves all of us to have estate plans and trusts set up to shi http://www.FinanceArticle.com/index.php?page=article&article_id=257694 Wills and trusts have an interesting history in a culture as heavily influenced by British common law as our own. The bequests of wills have been the pole star around which a great deal of mystery fiction has been written where furtive and anxiou http://www.FinanceArticle.com/index.php?page=article&article_id=253905 The creation of offshore trusts and other financial plans is a way of shielding your assets from the laws of the nation in which you reside. It can sometimes be used to remove one of the two certainties of life; taxes. Americans are far less lik http://www.FinanceArticle.com/index.php?page=article&article_id=273759 Where does your home mortgage fit into your financial planning and particularly into your estate planning? In the world of yesteryear, the chief goal was to pay off the mortgage and hold the property free and clear. Higher land prices, higher bu http://www.FinanceArticle.com/index.php?page=article&article_id=49920 One of the biggest areas of dispute in estate planning is with second marriages. Here is a question I received. I...ve changed the facts around so that I am not giving specific legal advice.Phil,My dad, age 87, is getting married soon http://www.FinanceArticle.com/index.php?page=article&article_id=255847 There is value in the story of an older client who had seen a very interesting clause employed in a will. There was a great deal of money at stake and the many family members had little reason to love each other, because they had never met and ne http://www.FinanceArticle.com/index.php?page=article&article_id=256841 Sometimes family and estate planning begins before the family is complete, particularly in an age where people (generally) are waiting until later to have children. In that case there could be grandchildren named in a will and others not, who are http://www.FinanceArticle.com/index.php?page=article&article_id=174148 Careful planning of your Oklahoma estate will take passion, dedication and experience. Because your estate has been worked for and paid off over the period of your life, it is very important that your legacy is passed down to later generations. http://www.FinanceArticle.com/index.php?page=article&article_id=265425 There are many ...do-it-yourself... books and websites which purport to help with estate planning. While some of them are very informative, some are highly confusing and misleading. It...s Ok to read through them for a fair understanding of the concept http://www.FinanceArticle.com/index.php?page=article&article_id=123367 You have probably accomplished a great deal with your life. Over the years you have worked, planned and saved. Perhaps you have even made some sacrifices to achieve your current level of success. It...s a sure bet that you will want to pass along yo http://www.FinanceArticle.com/index.php?page=article&article_id=257499 Estate tax is the levy by the government against the taxable estate of a deceased person. Taxable estate means gross estate reduced by allowable deductions. Gross estate means total estate comprising the value of all assets owned by the deceased a http://www.FinanceArticle.com/index.php?page=article&article_id=189348 What is Probate?Probate consists of court proceedings concluding your legal and financial matters after your death. The probate court distributes your estate according to your will and a neutral place to settle any disputes that may arise o http://www.FinanceArticle.com/index.php?page=article&article_id=246851 The first question many people have when considering estate planning is how to protect their spouse in the event that they pass away. Although it is common to offer the advice that a will or trust is the best way to protect a surviving spouse, it http://www.FinanceArticle.com/index.php?page=article&article_id=189389 Were you aware of the fact that almost 1 in 4 people over the age of 50 have a living trust? When used as a part of an estate conversation plan, tursts can help preserve more of your assets for your heirs while minimizing the delays and costs of p http://www.FinanceArticle.com/index.php?page=article&article_id=253904 Many parents want to give an equal share of the family home or some other sentimental form of real property (actual land usually) to their surviving children in equal shares. As an estate-planning attorney, one often sees the strange problems cre http://www.FinanceArticle.com/index.php?page=article&article_id=143826 According to Plan-My-Estate.com - With a Revocable Living Trust, you transfer the title of any of your assets (such as a house) from yourself as an individual, to yourself as Trustee of the Trust. Then you, as the Trustee of the Trust, manage the http://www.FinanceArticle.com/index.php?page=article&article_id=123768 One of the most important considerations you will need to make in regards to your real estate holdings and your estate includes tax planning. If not handled properly, your estate could end up getting hit with significant losses due to taxes after http://www.FinanceArticle.com/index.php?page=article&article_id=265426 There are many benefits when applying for an unsecured loan. One is the approval for this type of loan is relatively fast. This is because there is no need to look at collateral repayment in case of default. Unsecured loans are perfect for people http://www.FinanceArticle.com/index.php?page=article&article_id=242872 A living trust has many advantages over a simple will or testamentary trust (trust after death). The first advantage is that it keeps the IRS even further out of the process than does either a will or trust that becomes effective after death. Th http://www.FinanceArticle.com/index.php?page=article&article_id=182014 What if Santa and Mrs. Claus decided to do an estate plan? Although they would doubtless be great clients, the actual plan could be a challenge.What is the size of the Claus estate? It is extremely hard to calculate, even for Mr. and Mrs. http://www.FinanceArticle.com/index.php?page=article&article_id=277467 Design appears everywhere. From spider web to bridge spans, structure supports purpose. Trees have it, bees live it, and the earth orbits around it. Designs in nature inspire some while others procrastinate as time wears away incentive. When this http://www.FinanceArticle.com/index.php?page=article&article_id=261822 Spokane Washinton is a very good place for real estate investment! This region is the administrative center of the county with the same name and in recent years it has developed into a prosperous, lucrative region. Spokane is the commercial cente http://www.FinanceArticle.com/index.php?page=article&article_id=256836 As the life expectancy of people in the United States increases, the reality of second and third marriages becomes more likely even for those who tend to marry for a long time if not until the death of their first spouse. Widows and widowers are http://www.FinanceArticle.com/index.php?page=article&article_id=259351 If you are wisely attempting to put some assets into a trust (inter vivos) in your lifetime, then you have been paying attention to the important differences between wills and trusts. A trust created during your life will be far more secure with http://www.FinanceArticle.com/index.php?page=article&article_id=182008 Few things are more important to the success of your estate plan than the attorney you choose to design and draft it. Almost as important is the relationship that is formed between that attorney and other professional advisors who serve you in th http://www.FinanceArticle.com/index.php?page=article&article_id=253903 The life estate is something every first year law student learns about when they study the arcane and often bizarre history of property law that harkens back to the days of English knights, lords and serfs, and the transfer of property through the http://www.FinanceArticle.com/index.php?page=article&article_id=250120 A Private Trust Company is, essentially, a company formed for the specific purpose of acting as trustee of a single trust, or a group of related trusts. It is not uncommon for settlors to wish to retain a degree of control over assets they settle http://www.FinanceArticle.com/index.php?page=article&article_id=224149 A trust is the right to the beneficial enjoyment of property to which another person holds the legal title; a property interest held by one person (the trustee) at the request of another (the settlor) for the benefit of another (the beneficiary). http://www.FinanceArticle.com/index.php?page=article&article_id=247036 Estate planning for business owners.For business owners, an effective estate plan addresses a number of concerns over and above the desire to care for surviving family members. Control over who will run the business, conservation of the own http://www.FinanceArticle.com/index.php?page=article&article_id=115690 Do you know what happens if you die without a will? The courts will decide who will raise your children, manage your assets, inherit your possessions, and administer your estate. Heirs must usually agree on a court appointed administrator. If som http://www.FinanceArticle.com/index.php?page=article&article_id=228383 Imagine a city in the US with a population of one million people. Now imagine that each of those one million people is a lawyer. The mind boggles!For the city to prosper, its residents need to be gainfully employed and so to achieve that, t http://www.FinanceArticle.com/index.php?page=article&article_id=219741 Looking for a free living will? If you are preparing your finances and other personal matters for your retirement and want to make sure that your family members are taken care of in the event of your death, you will need one. There are several u http://www.FinanceArticle.com/index.php?page=article&article_id=245840 You have diligently outlined what should become of your children in the event of your death or disability. You...ve planned your estate, appointed guardians and possibly even shared your estate plan with family members and trusted caretakers. But do http://www.FinanceArticle.com/index.php?page=article&article_id=229577 Trust and Estates is a rapidly growing area of practice in the law that includes estate planning, managing your estate during life and disposing of your estate at your death through the use of trusts, wills and other planning documents.Lear http://www.FinanceArticle.com/index.php?page=article&article_id=243305 Your estate consists of the assets that you will pass on to your beneficiaries when you pass away. Estate planning means deciding where your assets will go when you die. It takes time, thought, and the knowledgeable assistance of a qualified attor http://www.FinanceArticle.com/index.php?page=article&article_id=255853 In the not overly distant past, the writings of the testator were the only evidence of his or her intentions and mental capacity. Undue influence was harder to defend against when the only evidence was the testator...s writings and the recollection