Who Pays Inheritance Tax? The short answer is that the estate is responsible to pay Inheritance Tax out of the money the beneficiaries would have received. I need to explain what the words estate, inheritance tax and beneficiaries mean in this context.Estate When a...
Who needs a Will? Everyone needs to have a Last Will and Testament, which is the long way of saying a Will at your death. Problems arise if you don’t know how to format for your last will and testament. The rules are long, and it is very easy to get them wrong....
When you look up mortgages online at the county recorder’s office in Arizona, you won’t find mortgages anywhere.
If you don’t do your estate planning, the State will plan for you using the Law of Intestacy. Could the state decide your inheritance?
These 5 myths are just wrong and hurt people every day of the week. Every family needs to do estate planning and trusts
All children are special. The thought that a child may have to survive on his or her own before they are ready is every parent’s worst fear; it’s what keeps many parents up at night, and what brings many parents into our office asking about trusts, guardians, and...
In 2010, Congress and the President raised the lifetime gift tax coupon (exclusion) amount from $1 Million to $5 Million. We estate planning attorneys and our client families rejoiced! We now had an estate planning coupon which made sense. The new coupon would...
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