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Is Life Insurance Taxable?

While life insurance is typically not taxable, there are some notable exceptions that could play a role and are important to consider regarding any life insurance policy and benefit.
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Did He Have a Will?

Estate planning is a crucial aspect of financial management, ensuring that an individual’s assets are distributed according to their wishes after their passing. One key document in estate planning is a “last will and testament,” commonly known as a will.
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Intentionally Defective Grantor Trusts?

Sometimes it might take an IDGT, or intentionally defective grantor trust, to preserve generational wealth. But how does that work?
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Transferring Property to Heirs Correctly

Death is inevitable, but dying without an estate plan is not. Estate planning is a must for property owners, no matter how uncomfortable the subject might make you.
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Power of Attorney in Estate Planning

Many people will suffer cognitive decline as they age, and that can seriously impact their ability to manage their assets.
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Feinstein Suing Late Husband's Estate?

Senator Dianne Feinstein has sued her late husband's estate after she claimed trustees denied funds she requested to cover her "significant" medical bills, RadarOnline.com has learned.
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Irrevocable Funeral Trust?

An irrevocable funeral trust is a way of setting money aside to pay for your funeral and burial expenses.
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Special Needs Planning for Disabilities

When preparing testamentary documents, such as wills and trusts, protecting beneficiaries with disabilities should be a priority.
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IRS Changes Inheritance Taxes

The agency has curbed the tax break on a particular kind of trust that is often used to minimize capital gains taxes.
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Best Place to Keep Your Will?

When you fail to plan for your death, your heirs may end up fighting.
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