If you name someone as an heir in your will, you may wonder if they will need to pay inheritance taxes. The short answer is “No.” However, there are types of taxes to watch out for. You may pay taxes if you give a significant monetary gift to an heir while still...
If you are the beneficiary to a will, you may wonder if the executor is doing their duty as the fiduciary. Are they properly handling the estate’s inventory process? Settling an estate in probate court can be a long and drawn-out public process. But does an...
If you are planning for end-of-life, you’ve probably written a last will and testament. Your will includes instructions about who will receive your assets when you die. However, in many cases, family members may not respect your choice of heirs. In the case where...
It is not enjoyable to think about what would happen if a medical event made you unable to make decisions for yourself. However, facing unexpected trauma or illness at some point during your life is an eventuality. You may prepare by drawing up “Advance Directives”...
A popular term is “Class 3 Firearm.” which usually means an NFA gun or a firearm outlawed by the National Firearms Act of 1934 or The Gun Control Act of 1968. If you own class 3 firearms, you probably know the firearm itself is not a “class 3 firearm,” but the...
