Monthly Archives: May 2011

Things You Need to Know about Making a Will

For most people creating a will doesn’t need to be a complicated process.  Here are a few basics steps that must be taken when you’re creating a will with your estate planning lawyer. The first thing to think about is in relation … Continue reading

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Are My Life Insurance Proceeds Taxable?

In most instances, life insurance proceeds are income tax free to the beneficiary but are taxable to your estate if you owned the policy on your life or retained any “incidents of ownership” such as the right to change the … Continue reading

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The Will of a Professional: Have an Estate Planning Attorney Draw up Your Will

Estate planning is one of the things that everyone knows they should do, but many people continue to put off until it is too late.  Without a will, you forfeit the right to specify how your assets are passed down.  … Continue reading

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