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In summary, estate planning at Sierra Vista involves several legal considerations. The will, power of attorney, trusts, and taxation planning are only some of the critical elements to target. Working with an experienced estate planning lawyer can ensure that your wishes are honored and your loved ones’ futures are protected.Another important facet of estate preparing is considering taxation implications. The federal government imposes estate taxes on estates respected through a certain dollar amount. Some states also levy their own estate or perhaps inheritance income taxes. Taking steps to attenuate these income taxes can mean a lot more funds gonna your loved ones instead of the government.
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