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What is Crummey Trust?

What is Crummey Trust?

The world of estate planning is full of terms that may sound foreign to you. One such term is the Crummey Trust. This is a type of trust that allows beneficiaries to receive gifts without immediate tax consequences. For example, parents might set up a Crummey Trust to...
What Is a Quitclaim Deed?

What Is a Quitclaim Deed?

A quitclaim deed is a simple yet effective legal document that conveys property ownership from one person (the grantor) to another (the grantee) without any warranties or guarantees. It essentially allows you to “quit” your claim, or interest, on a...
Can You File Probate Without a Lawyer?

Can You File Probate Without a Lawyer?

When a loved one passes away, handling their estate can be a daunting task, especially if you’re considering doing it without legal help. This guide explores the complexities of DIY probate and whether it’s a practical choice for you. How Complex is DIY Probate?...
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