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Kevin McKernan Kevin McKernan

Estate Planning for Couples

Are you and your partner prepared for the unexpected twists life may bring? Whether you're blissfully in love or navigating the complexities of blended families, estate planning is crucial for securing your shared future!

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Kevin McKernan Kevin McKernan

WHO IS IN CHARGE OF SETTLING AN ESTATE WHEN A WILL IN NOT PRESENT?

If someone dies with a will, their will specifies who receives their property and who is in charge of settling their estate (called the executor). Beneficiaries can feel slighted by what they did or didn't receive, and some individuals are entirely excluded from inheriting anything at all. The legal process of challenging the validity of a will is called a will contest (or “contesting a will”).

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Kevin McKernan Kevin McKernan

ESTATE PLANNING USING 1031 EXCHANGES AND DELAWARE STATUTORY TRUSTS

STATE PLANNING USING 1031 EXCHANGES AND DELAWARE STATUTORY TRUSTS: Section 1031 of the U.S. Tax Code allows investment property owners to defer capital gains taxes and depreciation recapture by exchanging their relinquished property for “like-kind” replacement property.

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