Gun trusts are a legal tool that allows individuals to own firearms in a unique way, enabling them to share access to firearms with others while still complying with the law. This approach is beneficial for those who own restricted firearms or firearms regulated by the National Firearms Act (NFA), such as machine guns, short-barreled […]
It may be tempting to believe creating your estate plan with do-it-yourself documents will save you money. However, it can be costly in the end, both financially and in terms of family wellbeing. Estate planning involves important decisions about how your assets will be distributed after you die and who will manage your affairs. Online
A Guide to Navigating the Challenges of Caregiving You won’t know the difficulties of being a caregiver until you become one. Many people take on the challenge because it involves someone they love. In the US, 53 million people have assumed this role and then struggled to make it work. Much of the challenge surrounds organizing and
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In the US, estate taxes are levied on the transfer of assets from a deceased individual’s estate to their heirs or beneficiaries. An estate tax is not the same as an inheritance tax. It’s a tax on the total value of a person’s assets at the date of death. The estate pays the tax before
An estate plan distributes assets according to your wishes and ensures loved ones are cared for after your death. It requires organization and strategy and begins with 5 Major Components of Estate Planning, these are the key legal documents that can address many areas of estate planning concerns. Proper estate planning can provide tax savings