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Why Every Alabama Family Needs an Estate Plan — No Matter the Size of Their Estate
One of the most significant reasons why citizenship status matters in estate planning is the tax treatment of estates, particularly when it comes to federal estate and gift taxes. U.S. citizens and permanent residents (green card holders) benefit from the unlimited marital deduction, which allows them to transfer assets to a U.S. citizen spouse without incurring estate taxes.
Estate Planning Essentials for Blended and Non-Traditional Families
At the Law Office of Brenton C. McWilliams, we recognize that families come in all shapes and sizes. The traditional nuclear family is no longer the only model, and estate planning needs to evolve to meet the needs of diverse family structures. Whether you're in a...
Why Funding Your Trust is the Key to Effective Estate Planning
Creating a trust is a significant step in safeguarding your legacy and ensuring your assets are distributed according to your wishes. However, many people overlook a crucial aspect of trust planning: funding the trust. At the Law Office of Brenton C. McWilliams, we...
