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Estate Planning - Administration in Dover
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Helpful Definition for: Estate Planning - Administration
Estate planning in Dover is the attempt of eliminating confusions over the administration of a probate, optimizing the value of estate and arranging for its safe disposal. It is basically the process of transferring or distributing the assets, including the real & personal properties of the owner to the legal heirs in case of disability or death.
Beneficiary designations, trusts, property ownership, powers of appointment, gift, powers of attorney, living will, partition & specific final arrangements such as whether to be buried or cremated, etc., constitute the major devices of estate planning during lifetime. For post-death estate planning- will, succession & life insurance are the effective tools.
The main objectives of estate planning in Dover are- tax-effective transfer of asset to beneficiaries, pre-decided time of distribution, selection of guardian, trustee or the executor and business succession.
Recent News from the Green Blog
By: Lee Ann Rush A bill that would prevent individual states from requiring that foods containing genetically-modified organisms (GMOs) be labeled as such has been introduced to the House of Representatives and may come up for a vote in the near future. This proposed legislation, known derisively as the Deny Americans the Right-to-Know (DARK) Act, would give the U.S. Secretary..