An Advanced Medical Directive deals with life’s real issues and combats the problems that arise where most boilerplate healthcare powers of attorney, healthcare proxies, living wills and others fall short. The Terri Schiavo case is a prime example of such a problem where the power to control one’s medical condition becomes a gray realm and [...]

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The opportunity presented to establish a charitable trust fund provides many advantages for the increasing percentage of the population who have been either prudent enough or fortunate enough to have accumulated sufficient capital in their life times to make this a worthwhile effort. This can mean both for them and their favorite charity or charities, [...]

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Warning: As of October 18, 2006 Private Annuity Trusts (PAT) are no longer recognized by the Internal Revenue Service (IRS) as legal means for managing assets tax deferred! The Private Annuity Trust has been replaced with The Ensured Installment Sale (Structured Sale), which will be discussed later. The following information applies only to Annuity agreements [...]

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Dispersing inheritance property can be a complex and complicated process. There is paperwork to file, taxes to pay and occasional family disputes to contend with. Matters can become even more complicated if a person dies without leaving a Last Will and Testament. The decedent’s estate can be tied up in probate court for quite some [...]

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A Childrens Trust can be written into a Will in order to allow for the provision of Assets to children in the event of their Parent/s dying whilst they are still minors (under the age of 18). A discretionary Trust, called a Childrens Trust, is written into a Will when somebody wants to make sure [...]

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