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July 27, 2011
Granting Power of Attorney rights to a person is common practice in the field of estate planning. These powers give a person authority to make financial and healthcare decisions on your behalf when you are unable to do so.
Before assigning Power of Attorney rights it's important to give careful consideration to the person who will become your voice. The representative may have to make very difficult decisions, some of which conflict with ideals of relatives.
January 07, 2010
Federal estate tax is slated to be abolished in January 2010, but Senate Democrats are likely to pass a temporary measure early in the year to reinstate death tax and make it retroactive to January 1st.
At present, estate tax is assessed at the rate of 45-percent for inheritances valued above $3.5 million for individuals and $7 million for couples. Smaller estates are exempt from taxation. However, as the estate tax hangs in limbo, beneficiaries may soon find they will be charged a capital gains tax on inheritance property gifted through decedent's last will and testament.
December 12, 2009
Choosing a family law lawyer can be challenging. Family law encompasses a variety of legal matters ranging from marriage to divorce and adoption to child custody. Some attorneys specialize in one particular niche, while others offer services for a variety of family related matters.
Prior to hiring a family law lawyer it is best to consult with a minimum of three or four legal firms. Most matters pertaining to family law require spending time with your lawyer, so it is important to choose one who suits your personality and possesses the skills you require. Shopping around for a good lawyer can ensure you achieve the results you are seeking.