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Living Trust Top Related Articles
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2). How a Living Trust Can Help You Disinherit Uncle Sam By : John Erik Fraker, Esq.
Copyright 2006 Ainer & Fraker, L.L.P.
A living trust can help you reduce your estate tax liability to Uncle Sam. To see how this tax reduction works, let’s examine the following hypothetical case:
Client Family has an estate of $4 million. The husband dies in 2006, leaving his entire estate to his Wife.
Under the 2006 tax rate, each spouse is entitled to an exemption of $2 million (known as Unified Credit Amount), which is not subject to Federal Estate Tax.
Article Related to: living trust, will, estate plan, estate planning, tax, estate tax, probate, trust
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3). Estate Planning And The Revocable Living Trust By : David G. Hallstrom, Sr.
What is a revocable living trust?
According to Plan-My-Estate.com - With a Revocable Living Trust, you transfer the title of any of your assets (such as a house) from yourself as an individual, to yourself as Trustee of the Trust. Then you, as the Trustee of the Trust, manage the assets of the Trust for the benefit of the beneficiary, which is you.
Article Related to: estate planning, living trust, revocable, revocable living trusts, law, legal, legal resources, resource
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5). How can an estate plan help me? By : Aaron Grey
Do you know how your life will be divided after your death? Who will your estate go to Who will look after your children? With an estate plan you decide. You are in control of your family’s security in the event that something tragic should happen. Now perhaps you are a little foggy with some of the fundamental ideas associated with estate planning.
Article Related to: estate plan, estate planning, living will, living trust
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