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{"id":14004,"date":"2015-01-07T11:38:03","date_gmt":"2015-01-07T11:38:03","guid":{"rendered":"http:\/\/www.seonewswire.net\/2015\/01\/estate-planning-and-the-single-person\/"},"modified":"2015-01-07T11:38:03","modified_gmt":"2015-01-07T11:38:03","slug":"estate-planning-and-the-single-person","status":"publish","type":"post","link":"http:\/\/www.seonewswire.net\/2015\/01\/estate-planning-and-the-single-person\/","title":{"rendered":"Estate planning and the single person"},"content":{"rendered":"

Many discussions about estate planning revolve around couples and families. Yet a large percentage of Americans are single. Some are divorced, others are widowed and still others never married.<\/p>\n

Single people may want to adopt estate planning strategies that differ somewhat from those a married couple would use, depending on the situation.<\/p>\n

For example, an increasing number of married couples are moving away from the strategy of gifting major assets to friends or family members during their lifetime, because the combined exemption for federal estate taxes now exceeds $10 million. But a single person with assets over $5 million may want to gift some of those assets during his or her lifetime in order to avoid hefty federal estate taxes. <\/p>\n

It is important to point out that the recently widowed may want to use any unused portion of their deceased partner\u2019s exemption. Individuals in this situation should contact an estate planning (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Many discussions about estate planning revolve around couples and families. Yet a large percentage of Americans are single. Some are divorced, others are widowed and still others never married. Single people may want to adopt estate planning strategies that differ…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

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