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“For one, an ILIT can help you avoid having your policy death benefit included in your estate for federal estate …
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Accordingly, proceeds …the death benefit’ can be subject to an estate tax if your combined assets exceed the exemption limit …
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Can you empty a house before probate? If the deceased person’s estate is under this value, it is typically okay …
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Typically, this will amount to paying off debts and transferring bequests to the beneficiaries according to the terms of the …
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