Author: michal

Estate planning in Virginia means preparing a valid will, plus often a trust, powers of attorney, and health care directives, so your assets pass as you intend. Virginia has no state estate or inheritance tax, but its will and probate rules still have to be followed precisely, especially for handwritten wills. Anyone who wants a…

Estate planning in Vermont means preparing a valid will, plus often a trust, powers of attorney, and health care directives, so your assets pass as you intend. Vermont has its own estate tax with a flat $5 million exemption per person and a 16 percent rate above that, so larger estates need specific planning. That…

Estate planning in Utah means preparing a valid will, plus often a trust, financial power of attorney, and health care directive, so your assets pass as you intend. Utah has no state estate or inheritance tax, but a will still must meet the state’s exact signing and witness requirements to hold up in probate. Without…

Estate planning in Texas means putting a will, powers of attorney, and healthcare directives in place so your assets go to the people you choose and your medical wishes are honored, without forcing your family through Texas’s default intestacy rules. A complete plan typically includes a will, a durable power of attorney, a living will,…

Estate planning in Tennessee means preparing a valid will, plus often a trust, powers of attorney, and health care directives, so your assets transfer as you intend. Tennessee repealed its inheritance tax effective 2016 and has no separate estate tax, but a will must still meet the state’s exact signing rules. Estate planning is more…

Estate planning in South Dakota means preparing a valid will, plus often a trust, powers of attorney, and health care directives, so your assets pass as you intend. South Dakota has no state estate or inheritance tax, and its trust laws, including the option for a perpetual trust, are among the most favorable in the…

Estate planning in South Carolina means preparing a valid will, plus often a trust, powers of attorney, and health care directives, so your assets transfer as you intend. South Carolina has no state estate or inheritance tax, but its probate process and will formalities still have to be followed precisely. Estate planning here goes beyond…

Estate planning in Rhode Island means preparing a valid will, plus often a trust, powers of attorney, and health care directives, so your assets pass as you intend. Rhode Island imposes its own estate tax on larger estates, with an exemption that changes each year, so timely, cited numbers matter here. Rhode Island’s probate process…

Estate planning in Pennsylvania means preparing a valid will, plus often a trust, powers of attorney, and health care directives. Pennsylvania has no state estate tax, but it does levy an inheritance tax on most transfers, with rates that depend entirely on your relationship to the person inheriting. That inheritance tax applies from the first…

Estate planning in Oregon means preparing a valid will, plus often a trust, powers of attorney, and health care directives, so your assets pass as you want. Oregon is one of the few states with its own estate tax, and the exemption is only $1 million, so planning matters here more than in most states.…