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Are Estate Planning Fees Tax Deductible? In general, you can deduct legal fees as an ordinary and necessary business expense. The types of legal fees that are deductible include creation and review of contracts, filing a lawsuit or defending a lawsuit for breach of contract, legal assistance to collect on an account, defending an intellectual… Continue reading Are Estate Planning Fees Tax Deductible?
Are Estate Administration Costs Tax Deductible? When a person dies, all of his or her possessions real estate, money, stocks, personal belongings, and a lot become a part of his or her estate. Estate administration refers to the process of collecting and managing the estate, paying any debts and taxes, and distributing the remaining property… Continue reading Are Estate Administration Costs Tax Deductible?
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Estate Planning Salt Lake City Utah Estate Planning is an important step in ensuring that you, your family, and your assets are protected and taken care of in the event of your death, divorce, or other unforeseeable events. It is important to understand the laws that govern estate planning in Utah and how an experienced… Continue reading Estate Planning Salt Lake City Utah
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