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Tax and Estate Planning
A trust is a relationship which arises when an individual is asked to hold real or personal property by legal title for the benefit of an individual or individuals known as beneficiaries. A trust is therefore an obligation binding a person to deal with the trust property as a separate fund distinct from their own...
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An important aspect of estate planning is appointing a power of attorney so that you have a trusted representative to carry out affairs on your behalf when needed. At common law, a power of attorney is a legal document that proves that authority was given by grantor to another person, the attorney to act on...
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What is an Estate? Estate, in its broadest sense, refers to all a person’s possessions (assets, liabilities, etc.) at the time of their passing. An appointed executor or administrator oversees managing the affairs of an estate.  What is a Will? A legal document known as a “Last Will and Testament”, or a Will, specifies how...
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This article will provide information regarding Inter Vivos Trusts, in particular Alter Ego Trusts.
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