Tuesday 14 June 2016

The Estate Planning Process

The objective of Austin employment attorney is to arrange the assets of an individual, or of a husband and a wife in such a way that estate transfer costs are minimized. These costs would involve estate taxes, both state and federal, and administrative fees associated with managing the probate portion of the transfer after death. Probate is the legal process of taking the estate through court, to collect taxes, and to be sure that the assets are distributed in the best possible way according to the wishes of the deceased.

In larger estates, a great deal of estate planning can ensue depending on the size of the estate and the wishes of the individuals involved, and it can become quite detailed.

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