Posts Tagged 'estate planning documents for young adults'

Estate Planning is Still Relevant: Three Key Documents Every Adult Should Have

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The federal estate tax exemption, which is the maximum amount of wealth an individual can have when they die but not pay any federal estate tax, used to be $600,000. The families of the deceased who exceeded this limit were often people who did not consider themselves rich—maybe a farming family with a small working farm for example. Unfortunately, they often discovered that all it took was a little bit of real estate, combined with the death benefit payout from ...

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