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  2. I Live in Virginia. How Can I Avoid Probate? - AOL

    www.aol.com/finance/live-virginia-avoid-probate...

    The probate process ensures that assets go where they should but can take over a year and incur fees. ... Another burden is Virginia’s rare probate tax of $1 per $1,000 of assets, which can mean ...

  3. How to prevent your investment assets from going into probate

    www.aol.com/finance/prevent-investment-assets...

    Probate involves validating the deceased’s will, if one exists, appointing an executor or administrator, identifying the deceased’s property, paying debts and taxes, and distributing the ...

  4. If you want to help your kids bypass probate when you die ...

    www.aol.com/finance/want-help-kids-bypass...

    As the assets aren't considered a part of your estate, they sidestep the probate process. It also lets you continue to use assets transferred into the trust, such as property or investments you own.

  5. Form 1040 - Wikipedia

    en.wikipedia.org/wiki/Form_1040

    Form 1040-X (officially, the "Amended U.S. Individual Tax Return") is used to make corrections on Form 1040, Form 1040A, and Form 1040EZ tax returns that have been previously filed (note: forms 1040-A and 1040-EZ were discontinued starting with tax year 2018, but a 1040X may still be filed amending one of these tax forms filed for previous years).

  6. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.

  7. Estate (law) - Wikipedia

    en.wikipedia.org/wiki/Estate_(law)

    However, some assets are recognized as exempt to allow a person significant resources to restart their financial life. In the United States, asset exemptions depend on various factors, including state and federal law. [2] [3] [4] The estate (or assets) of a bankrupt person is administered by a trustee in bankruptcy.

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