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  2. Estate planning - Wikipedia

    en.wikipedia.org/wiki/Estate_planning

    For example, an estate plan may include a healthcare proxy, durable power of attorney, and living will. After widespread litigation and media coverage surrounding the Terri Schiavo case, estate planning attorneys often advise clients to also create a living will, which is a form of an advance directive. Specific final arrangements, such as ...

  3. Estate Planning: 7 Things To Make Sure You Do - AOL

    www.aol.com/estate-planning-7-things-sure...

    From power of attorney to wills and trusts — here's how to prepare for end-of-life care and estate taxes.

  4. Will and testament - Wikipedia

    en.wikipedia.org/wiki/Will_and_testament

    This is an accepted version of this page This is the latest accepted revision, reviewed on 19 January 2025. Legal declaration where a person distributes property at death "Last Will" redirects here. For the film, see Last Will (film). This article possibly contains original research. Please improve it by verifying the claims made and adding inline citations. Statements consisting only of ...

  5. Power of appointment - Wikipedia

    en.wikipedia.org/wiki/Power_of_appointment

    A special power of appointment allows the recipient to distribute the designated property among a specified group or class of people, not including donee, donee's estate, creditors of donee, or creditors of donee's estate. [2] For example, a testator might grant his brother the special power to distribute property among the testator's three ...

  6. Estate Tax Planning Tips For 2023 - AOL

    www.aol.com/finance/know-estate-tax-planning...

    A taxable estate includes all of the decedent’s property, minus any allowed costs, losses, exclusions or deductions. Estate tax allows for an exemption, based on the estate’s value.

  7. How To Talk to Your Adult Children About Your Estate Plans ...

    www.aol.com/lifestyle/talk-adult-children-estate...

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  8. Probate - Wikipedia

    en.wikipedia.org/wiki/Probate

    In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the jurisdiction where the deceased resided at the time of their death.

  9. Gift tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Gift_tax_in_the_United_States

    A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in return."

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