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Counsel & Advice From Top New Mexico Estate Planning & Elder Law Attorney
Estate planning services refer to the process of managing and distributing one’s assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.
Shopping around is one of few ways to knock anywhere from tens to thousands of dollars off your annual insurance costs in one fell swoop.
While at Baltimore, Siragusa was also part of a defensive front considered by many to be among the best in NFL history.
Pandemics, inflation, rising interest rates, the war in Ukraine—uncertain times indeed! And yet, in the world of estate planning, almost every change in the zeitgeist offers its own suite of planning opportunities and applicable techniques.
We all want to protect vulnerable people from harm. However, taking away all their rights usually isn’t the place to start. Instead, several less severe options could be the right way to go.
Establishing an estate plan is extremely important. As life changes, it is necessary to update your plan to fit new circumstances.
The IRS is weighing a change that could leave your heirs poorer than you might hope.
A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.
An executor is the person whom you name to handle the settlement of your estate after you die, taking your estate through probate, a court-supervised process that winds up your affairs in the state where you were living at the time of your death.
Claiming Social Security before full retirement age (FRA) has consequences–namely, that you’ll get stuck with a lower monthly benefit for life.
Being a trustee is difficult but adopting these four best practices employed by professional trustees will go a long way to ensure that you’ll effectively execute your duties and mitigate your liability.