Joint Tenancy is when two people own a piece of property together, and each one has the right of survivorship to that property . The following information is a small subchapter from my book Protecting Your Financial Future. Something as simple as a bad business deal or
To die intestate doesn’t mean dying in the neighboring state or dying without any assets. Dying intestate means to die without a valid will or a trust. A will is the legal instrument that tells the judge how the decedent wishes his/her property or estate to be
Olympic tax tips are needed for the medal winners returning to the United States. Otherwise, existing tax laws will temper some of the joy. According to U. S. Tax Law, medalists will have to pay taxes both on their prize earnings and the value of their medal.
You probably don’t need the AB trust, at least not for the next 2 years with a total estate tax limit at $10 million for a couple, even without an AB trust.
