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Also, if the person named executor fails to file a Petition within 30 days of knowledge of the decedent’s death, …
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NCGS Section 31-3.4 recognizes holographic wills and provides as follows: (a) A holographic will is a will (1) Written entirely …
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Suppose she distributes estate assets to the beneficiaries before all debts and taxes are paid. Wills also names an executor …
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Consult a tax professional to determine the most tax-efficient way to gift your possessions. Step 2: Handling of Notices in …
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However, those creating an estate plan should be aware of what constitutes a legal and valid will to ensure there …
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If a deceased person’s estate is insolvent, their debts outweigh their assets, and an administrator will likely choose not to …
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This may mean that the client’s preferred beneficiaries will receive nothing. Lawyers in big firms generally charge higher rates than …
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Generation-skipping trusts are liable for taxation if the amount transferred exceeds a certain annually adjusted threshold ($11.7 million in 2021). …
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If a deceased person has no assets, probate may not be necessary. Second, no rule prohibits the next generation from …