Archive for December, 2009

Trusts – A Great Tool to Save Money

Sunday, December 20th, 2009

One way you can reduce estate taxes and the costs of probate court is bypassing it. This is why trusts have become so popular. Trusts are an excellent estate-planning and property managing tool. They are fairly simple and inexpensive to create and are accessible to everyone.Private citizens create trusts for ...

Heirs, Estates and Probate – Overview of Giving and Receiving Inheritance Gifts

Saturday, December 19th, 2009

The word 'heirs' refers to individuals entitled to inheritance property from a direct lineage relative who has died. Inheritance gifts can include real estate, financial portfolios, cash, and personal belongings such as jewelry, collectibles, art work, and household furnishings.Heirs are usually designated within decedents' last will and testament. When individuals ...

Nothing Says “I Love You” Like Good Estate Planning

Friday, December 18th, 2009

It is a common theme in television comedy shows that someone, usually the husband, refuses to make a will or estate plan because it forces him to confront his own mortality. While this may be funny on television, it can be tragic in real life. Take the case of the ...