For estates large and small, some estate planning is necessary to confront the issues of property distribution and taxes after death. Timely estate planning will help you avoid dying “intestate”—passing away without a will or trust to provide direction for distributing estate assets. Dying intestate poses risks from creditors, lawyers, death taxes, and probate. A proper estate plan can mitigate the problems of dividing up assets following a death.
Depending on the make-up of an estate plan, there are a variety of issues that should be addressed. The following sites provide guidance on joint tenancy ownership, beneficiary arrangements, incapacitation issues, and protecting estates from divorce, lawsuits, and judgments.
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