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Is Chapter 7 or 13 worse? In many cases, Chapter 7 bankruptcy is a better fit than Chapter 13 bankruptcy. …
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In other words, the trustee must avoid activity that involves self-dealing, personal conflicts with the interests of the trust, and …
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Beneficiaries could wind up spending their inheritance before they even see a dollar of it. What are the 3 parts …
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Currently, the cap is $150,000. Inheritors can claim the assets with a simple sworn statement (affidavit) or can go through …
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How do trusts avoid taxes? They give up ownership of the property funded into it, so these assets aren’t included …
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Also, since the assets have been transferred to the trust, you are relieved of the tax liability on the income …
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Insurance plans should contain a beneficiary and a contingent beneficiary as well because they too typically pass outside of a …
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