Plan your Affairs – simple ways to avoid Legal fees, taxes and Legal costs.
Last Updated on Monday, 25 January 2010 03:24 Written by admin Saturday, 28 November 2009 08:07
Legal fees are incurred when attorney gets involved or a matter has to be handled in court. Typical example is Will-contest or probate fees (attorneys fees and court fees) in Probate Court.Taxes are incurred when someone has poor estate tax planning or no estate tax planning. Estate taxes are due nine (9) months after the death and have to paid in cash. No installments. The Estate Tax is a tax on your right to transfer property at your death. Assets have to be sold at the value they can fetch in “fire-sale”.
Legal costs such as probate fees etc. again are incurred when there is poor or no estate planning.
Here are some of the simple ways to avoid legal fees, costs and taxes (estate taxes or gift taxes).
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Here are some of the simple ways to avoid legal fees, costs and taxes (estate taxes or gift taxes).
