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Blog Posts in December, 2011

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  • Trying To Avoid Gift Taxes? The IRS May Be Coming For You!
    Trying To Avoid Gift Taxes? The IRS May Be Coming For You!

    Earlier this year the IRS filed a lawsuit against the California Board of Equalization due to the board's refusal to turn over records on real estate transfers made to relatives with little or no ...

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  • DIY Estate Planning Is No Substitute for The Real Thing
    DIY Estate Planning Is No Substitute for The Real Thing

    At a glance, online legal form providers may seem like a cheaper alternative way to go for 'do-it-yourself' estate litigation. After all, the commercials on radio and television make it seem like it ...

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  • Custodial Accounts vs. Trusts
    Custodial Accounts vs. Trusts

    While custodial accounts are very similar to trusts, the point of a custodial account is to allow you to transfer property to minor beneficiaries without having to establish a trust. They work in the ...

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  • Inheritance To Minors - Restricted Accounts
    Inheritance To Minors - Restricted Accounts

    If you want to leave and inheritance to a minor beneficiary, and the amount of that inheritance is not too substantial, a good idea would be to leave the assets in a restricted account. This way you ...

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  • Inheritance To Minors - Lifetime Trust
    Inheritance To Minors - Lifetime Trust

    If you are thinking of leaving a minor a substantial inheritance you may want to consider leaving it to them in a trust for their entire lifetime. The benefits of creating a trust like this are: - You ...

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  • Inheritance To Minors - Staggering A Trust
    Inheritance To Minors - Staggering A Trust

    If you are considering leaving an inheritance to minor beneficiaries you will need to plan carefully as property left to minors will most likely be subjected to some kind of court-supervised ...

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