Patricia May

Patricia May

Wannabe webaholic. Social media expert. Hipster-friendly coffeeaholic. Passionate webaholic. Infuriatingly humble social media advocate.

51 Posts Written
What expenses are allowed for an estate tax return?

What expenses are allowed for an estate tax return?

To put it bluntly, managing an estate is expensive. Between property maintenance, potential legal fees and memorial...

What is the purpose of an estate plan?

What is the purpose of an estate plan?

Estate planning involves determining how a person's assets will be preserved, managed, and distributed after death. It...

When should you set up will?

When should you set up will?

Sneddon says that most of the time, a person makes a will after an important life event, such as getting married, buying...

Will estate planning checklist?

Will estate planning checklist?

Estate Planning Checklist/Last Will and Testament. estate planning goes beyond the drafting of.

What is the meaning of estate plan?

What is the meaning of estate plan?

Estate planning is the process by which an individual or family organizes the transfer of assets in anticipation of...

Does aarp offer estate planning?

Does aarp offer estate planning?

Our FREE personal estate planning kit is a tool for organizing your wealth, saving you time, protecting your assets and...

What estate planning documents do i need?

What estate planning documents do i need?

An estate planning lawyer can help you identify your goals and objectives and prepare the estate planning documents...

Will estate planning worksheet?

Will estate planning worksheet?

An estate planning checklist is a guide on how to plan for a person's end-of-life assets and health care in the event...

What are the four major components of a will?

What are the four major components of a will?

Table of ContentInformation and execution of the testator, The executor and his powers, guardianship of dependents,...

What are the most important factors of a will?

What are the most important factors of a will?

If you have minor children, consider who would take care of them if something happened to you and your other parent. Home ...

What documents should i have as i get older?

What documents should i have as i get older?

Also called a health care power of attorney, health care power of attorney, or living will, a durable medical power of...

How estate planning works?

How estate planning works?

Estate planning involves determining how a person's assets will be preserved, managed, and distributed after death. It...

What documents do i need for aging parents?

What documents do i need for aging parents?

Personal medical history, insurance card, long-term care insurance policy, emergency information sheet. It is also known...

Can estate planning be a business expense?

Can estate planning be a business expense?

The maintenance, maintenance, or management of income-generating properties. Every time tax season begins, many of us are ...

Are estate planning expenses deductible?

Are estate planning expenses deductible?

Estate planning fees were tax-deductible, but are no longer tax-deductible. Some attorneys issue separate invoices for...

Are estate planning expenses tax deductible?

Are estate planning expenses tax deductible?

Estate planning fees were tax-deductible, but are no longer tax-deductible. The simple answer is no, most estate planning ...

Are estate planning costs tax deductible?

Are estate planning costs tax deductible?

Estate planning fees were tax-deductible, but are no longer tax-deductible. The simple answer is no, most estate planning ...

What are the advantages of estate system?

What are the advantages of estate system?

An estate plan ensures that your home, finances, and other assets are taken care of after you die, allowing you to...

What expenses can be deducted from an estate?

What expenses can be deducted from an estate?

Outstanding debts left by the deceased. To put it bluntly, managing an estate is expensive.

What is the purpose of making an estate plan?

What is the purpose of making an estate plan?

Estate planning is the process of designating who will receive your assets in the event of death or disability. Often...

How much does it cost to do a trust in california?

How much does it cost to do a trust in california?

The Trust includes all the documents necessary to establish the Trust, the powers of attorney, both financial and...

When should you estate plan?

When should you estate plan?

Retirement plans, such as workplace 401 (k) plans and individual retirement accounts Property and casualty insurance...

Is there an age estate planning should begin?

Is there an age estate planning should begin?

At Bratton Estate and Elder Care Attorneys, our estate planning attorneys believe that there is no specific age at which...

How do you structure an estate plan?

How do you structure an estate plan?

Seven steps to basic estate planning · 1.Consider your family's needs · 3. Retirement plans, such as workplace 401 (k)...

What are the two most important purposes of estate planning?

What are the two most important purposes of estate planning?

Another purpose of estate planning is to ensure that your assets are transferred to their appropriate beneficiaries....

Can estate planning fees be deducted?

Can estate planning fees be deducted?

Estate planning fees were tax-deductible, but are no longer tax-deductible. It's the magic number on your tax forms,...

Who needs estate planning advice?

Who needs estate planning advice?

Most people with assets or a family must execute a will. You may or may not need an estate plan, depending on the size of ...

Why Estate Planning Is Important And How To Choose The Right Insurance

Why Estate Planning Is Important And How To Choose The Right Insurance

Most people put off estate planning until it is too late. They mistakenly believe that their loved ones will know what to ...

What expenses are deductible on an estate tax return?

What expenses are deductible on an estate tax return?

Outstanding debts left by the deceased. One of your responsibilities as executor of an estate is to file the deceased...

Will and estate planning tips?

Will and estate planning tips?

Here are ten tips for creating an estate plan like a pro, Assemble a Team. Know the income for a deceased person (IRD)...

What expenses are deductible on a 1041?

What expenses are deductible on a 1041?

On Form 1041, you can request deductions for expenses such as attorney, accountant and return preparer fees, trust fees,...

Why is estate planning important for family?

Why is estate planning important for family?

It is essential for estate planning to transfer assets to heirs in order to create the lowest possible tax burden for...

What is the benefit of estate planning?

What is the benefit of estate planning?

The number one benefit of estate planning is that it allows you to provide for your family even when you're no longer...

What should will contain?

What should will contain?

What you should include in your will Your basic personal information, legal language stating testamentary intent, your...

What is the difference between retirement planning and estate planning?

What is the difference between retirement planning and estate planning?

While estate planning involves creating a plan for the transfer of the creator's wealth to his beneficiaries after his or ...

What you should not include in your will?

What you should not include in your will?

Property You Shouldn't Include in Your Last Will by Michelle Kaminsky, Esq. Read on to learn more about what property you ...

When should estate planning begin?

When should estate planning begin?

So when should you start wealth planning? Many experts recommend creating an estate plan once you become a legal adult...

Can you deduct funeral expenses on form 1041?

Can you deduct funeral expenses on form 1041?

Sometimes, properties with earned income must also file income tax forms using IRS Form 1041.However, these forms are not ...

Why estate planning is important?

Why estate planning is important?

Estate planning is important for everyone, regardless of age or wealth. Estate planning avoids taxes and legal ties, and...

Why everyone needs an estate plan?

Why everyone needs an estate plan?

If you want your assets and loved ones to be protected when you can no longer do so, you'll need an estate plan. Without...

Does estate planning include wills?

Does estate planning include wills?

An estate plan is a collection of documents and includes a will, guardianship designations, health care powers of...