A common component of the estate planning process is to try to limit an individual’s estate tax exposure. Estate tax planning strategies are typically employed by those of higher wealth and income brackets, depending on the state in which the person resides....
Month: June 2014
Estate planning: Avoiding family disputes following one’s death
These days, the complexity of divorced and split families makes arguments over the assets in a deceased family member’s estate more likely. Estate disputes following one's death is an outcome that most estate planners will want to try to avoid at all costs....
No luck identifying beneficiaries of multi-millionaire’s estate
A 97-year-old millionaire who died in 2012 did not leave behind any kind of will and testimony. As such, the fate of his $40 million estate continues to be in question. So far, authorities have failed at identifying beneficiaries who could be the legal heirs of the...
Is one ever too young for estate planning?
Many individuals may be under the common misconception that estate planning and wills are only for older Texas residents. However, age should not be considered a determining factor when it comes to deciding if it is time to draft a will or begin one's estate planning...