What are self-probating wills?What about fill-in the blanks do it yourself will forms?How is a trust helpful in estate planning?What is a will, and who should have one?
” Estate planning distributes the real and personal property to an individual’s heirs. . Estate planning is the process by which an individual or family arranges the transfer of assets in anticipation of death. An estate plan aims to preserve the maximum amount of wealth possible for the intended beneficiaries and flexibility for the individual prior to death. A major concern for drafters of estate plans is federal and state tax law. . Wills and trusts are common ways in which individuals dispose of their wealth. (See Estates and Trusts).
Related Questions
- My attorney or tax advisor has never heard of a Private Annuity Trust or has heard of it and doesn think it is legal. How can they be assured that it is a legitimate Estate Planning strategy?
- What are self-probating wills?What about fill-in the blanks do it yourself will forms?How is a trust helpful in estate planning?What is a will, and who should have one?
- Are holographic wills legal in California?
