The recent tax law temporarily doubled the estate tax exemption. That doesn’t mean there’s no need for estate planning. Estate plans consider many important aspects, not just estate taxes. This article examines some of the many considerations besides estate taxes.
It is important to learn as much as possible about estate taxes. Estate planning often comes down to dollars and cents. You have a lot to think about, such as the well being of your family, but it’s never easy to overlook the fact that money is at the center of many decisions. As somebody […]
In Wisconsin, amazingly all you have to be worth to have to go to Probate is over $50,000. If you die owning assets in your own name and there is no beneficiary listed on that asset to receive it at your death, your estate must go through the death probate process. This process is done […]
If you have a corporation and you are wondering what will happen when you die or become incapacitated, you should think about a trust. A revocable living trust is gaining alot of popularity but few think about how it could help when you own a small corporation. Maybe you are the sole shareholder of a […]
Death probate is a court proceeding that serves two primary purposes: 1) to make sure the creditors of a deceased person gets paid, and 2) to change title of the assets that are in the name of a deceased person. Many people are under the impression that a probate proceeding is not necessary if you […]