If you own a firearm of monetary or sentimental value, you may wonder how to transfer ownership to your loved ones after you die. In addition to creating a will, you may want to make special arrangements for your weapon.
The Tax Cuts and Jobs Act (TCJA) took effect on Jan. 1, 2018, and impacted personal income taxes, estate tax rules, capital gains rules, and much more. The TCJA is scheduled to sunset at the end of 2025. This will lead to significant changes for taxpayers.
Although in many situations the advantages outweigh the disadvantages when selecting beneficiaries, there are always exceptions.
Creating a spendthrift trust for your loved one can limit their spending and your protect wealth.
Last wills and testaments (also known simply as wills) are not just for the wealthy.
Probate can be minimized or avoided altogether with the help of most estate planning attorneys. Probate proceedings are part of the public record and can be very time-consuming and expensive. However, in nearly every case, some probate is necessary, so…
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