Let’s talk about how long does a probate take. If I file a probate in court today, how long until I could see any of the money as a beneficiary of the will, or just as an heir of that person. Well, first off, we should talk about what a probate is. A probate is in order to transfer title from your parents or a person to a next-of-kin, or an heir, or somebody else, it has to go through probate unless it’s in a trust. So if it’s in a trust, you don’t have to worry about it, but.
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Estate Planning is not just for the rich. It’s about protecting your assets from unnecessary delays and fees in Probate Court. Planning now ensures the safety and financial concern for your loved ones.
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Losing a loved one is tough. If your loved one left a Living Trust, you need to administer their wishes privately. We help you navigate this simplified process.
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Evictions can be a huge time and money sucker. We help clients evict non paying tenants swiftly and efficiently so that you can move on with your business.
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Nursing home costs are expensive. We can help you qualify for government assistance to help pay or eliminate nursing home costs. Even a person with a $1,000,000 home can qualify!
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Estate planning is not just about passing your assets down to the next generation. It's about transferring values, traditions, stories, and lessons. It's about creating new opportunities. It's about making the next generation better. That's what we do. And no one does it better.
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Estate Planning Attorney Blog
Tips, strategies, and information to help you protect your family, live a rich life, and create generational wealth.
How do I Avoid the Estate Tax?
Today, we’re talking about how to limit or avoid completely the estate tax. The estate tax is levied upon death. It’s called the death tax. It’s levied after the government gives you an exemption, an amount you can have without paying any taxes upon death. So if you have less than $11.49 million as of today in 2019, You won’t have to pay a tax. But if you are over that amount, you will have to pay a 40% tax on all of those assets above the exemption. They want it in nine months. One question that was all all.
Will A Married Person Pay Estate Tax at Death?
Today, We’re going to be talking about the estate tax for a married couple. From previous blog, it said that if you have 11.5 million dollars of exemption as of today, which 11.49 but, it’s still 11.5 million dollars 2019 of federal estate tax exemption. But in California, there isn’t any so you don’t have to worry, but for federal there is. So if you have less than 11.5 million dollars you’re good. If you have over 11.5 million dollars, it’s 40% of every dollar over 11.5 million dollars. So if you’re married, what happens? How much do you have?.