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Estate-planning Lutherville Timonium

Estate planning is the management of a person's estate (net worth at any point whether alive or dead), during their life, to arrange how this estate will be disposed and managed during their life and after they die. This minimizes gift, generation skipping transfer, estate and income tax. It also takes into account...
Estate planning is the management of a person's estate (net worth at any point whether alive or dead), during their life, to arrange how this estate will be disposed and managed during their life and after they die. This minimizes gift, generation skipping transfer, estate and income tax. It also takes into account the possibility of incapacity of a person and administers a probate which maximizes the estate value by reducing other expenses. A probate distributes property after death and includes the validation of the will, estate representative hearing notification of creditors and the estate distributed to the will beneficiaries. Some modern estate planners recommend probate avoidance strategies to eliminate the cost and time of the probate process. Mediation is available to settle disputes. For minors and beneficiaries in incapacity, a guardian is often designated. Estate planning law overlaps with elder law which also provision long term-care, and involves wills, trusts, powers of appointment and attorney as well as property ownership.
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6 results for Estate-planning

Weil Akman Baylin and Coleman PA in Lutherville Timonium

201 W Padonia Rd, Lutherville Timonium, 21093
(410) 561-4411

Weil, Akman, Baylin & Coleman (WABC) is a full-service financial, accounting and business consulting firm located in Baltimore, Maryland. With a diverse clientele, WABC specializes in audits, reviews and compilations, business valuation, litigation support ...

accounting, baltimore cpa, bookkeeping, cpa referral

Society of Financial Service Pros in Lutherville Timonium

1300 York Rd, Lutherville Timonium, 21093
(410) 339-6621

The Society of Financial Service Professionals is over 80 years old with nearly 14,000 members in nearly 160 Chapters in all 50 states, Puerto Rico, Canada and Singapore. Founded in 1928 by the first graduates of The American College, its mission is to ...

american college, business and compensation planning, cebs, certified

McManus Wilson P in Lutherville Timonium

1301 York Rd, Lutherville Timonium, 21093
(410) 828-0400

Wilson P. McManus is recognized as a leader in the practice of Estate Planning & Elder Law. Realizing that identifying and obtaining legal counsel is one of the most crucial decisions a client must make, Wilson McManus approaches legal problem solving ...

legal, attorney, baltimore county, court

United Legal Benefits in Lutherville

30 E Padonia Rd, Lutherville, 21093
(410) 628-1110

The United Legal Benefits (ULB) Plan is a group legal service plan which provides affordable legal protection for members and their families.

dui, dwi, delaware law, legal

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