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Posted on Thursday, September 22, 2011 5:16 PM
 Most Americans are not in a situation of worrying about paying estate taxes upon their passing. In Minnesota you can pass your heirs, charities and special loved ones up to 1 Million dollars before ever having to pay estate taxes. The IRS allows you to pass up to another 4 Million dollars upon your death before worrying about being taxed at the Federal level. many people ask me with a smirk on their face- "Why do I need to bother with a will or estate plan? - I will never have to pay taxes". |
Attorney, Wills, Estate Planning, divorce, intestate, married, minor children, no will, single, tax savings, Revocable trust, trustee, dissolution, employment, real estate, taxes, trusted advisor, bankruptcy, disability, guardians, power of attorney, trust distributions, Uniform Gifts to Minors Act
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Nina Stillman: Posted on Tuesday, September 13, 2011 9:30 PM
 C’mon Get Happy!: Advantages of Revocable “Living” Trust A revocable living trust is an agreement by which you place property in a trust and name yourself and/or some other person as the person in charge or the “Trustee” or” Co-Trustee”, but reserve the right to revoke the trust so that the property can be returned to you. Generally, the trust agreement provides that upon your death the property will go to the people you choose. |
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