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Getting Your Estate Plan In Order
One of the things that people hold dear is the welfare of their families. Everyone wants to know that their loved ones will be taken care of upon their death. Estate law is the entire system dedicated to taking care of that process.
Why You May Need a Death Certificate When Administering an Estate
If you have been named the executor of the estate, you likely have a number of different duties on your plate. In fact, the process can become a little overwhelming at times. Yet, there are certain things that need to be done. One such task is to obtain a death certificate for the deceased. At first, this may seem like a trivial task, but there are some important legal ramifications if you fail to take this step. Learn why you need to take immediate action to get a death certificate in accordance with estate law.
Estate Planning: Issues With Transfer on Death Tax Plans
When you receive an inheritance, it can seem like your lucky day. Yet, you may find that your luck runs out when the IRS becomes involved. It can come as a surprise to some that an inheritance is subject to taxation. This includes property received through a transfer on death account. As a creator or recipient of a transfer on death account, there are some important considerations.