Jack Gilbert

Estate Planning Probate & Estate Administration Tax Law

What is estate tax?

March 26, 2026

Estate tax is a federal tax on the transfer of a person’s assets at death, and in 2025 it generally applies only to estates above...

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Estate Planning Probate Tax Law

What is an inheritance tax?

March 26, 2026

Inheritance tax is a state tax some beneficiaries may owe on inherited money or property, and only a handful of U.S. states currently impose it....

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Elder Law Estate Planning Tax Law

What is a gift tax?

March 26, 2026

Gift tax is a federal tax that may apply when you give someone more than the annual exclusion amount—$18,000 per recipient in 2024—though most people...

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Estate Planning Probate Trusts & Estates

What is a beneficiary?

March 26, 2026

A beneficiary is a person or entity you legally name to receive assets, money, or other benefits, often upon your death. Beneficiaries can be designated...

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Estate Planning Probate and Estate Administration Trusts and Estates

What is an heir?

March 26, 2026

An heir is a person legally entitled to inherit property from someone who dies, either under a valid will or under state intestacy laws when...

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Estate Planning Probate Administration Trusts & Estates

What is a bequest?

March 26, 2026

A bequest is a gift of money, property, or other assets made through a will to a named beneficiary, organization, or charity. It takes effect...

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Estate Planning Probate & Estate Administration Trusts & Estates

What is an inheritance?

March 26, 2026

An inheritance is the money, property, or other assets a person receives after someone dies, typically through a will, trust, or state intestacy laws. The...

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Elder Law Estate Planning Probate

What is a living will?

March 26, 2026

A living will is a legal document that states your medical treatment wishes if you become unable to communicate them. It guides doctors and loved...

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Estate Planning Probate and Estate Administration Trusts and Estates

What is an executor?

March 26, 2026

An executor is the person legally appointed to settle a deceased person’s estate through probate. They gather assets, pay valid debts and taxes, and distribute...

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Estate Administration Probate Administration Trusts & Estates

What is an estate administrator?

March 26, 2026

An estate administrator is a court-appointed personal representative who manages and settles an intestate estate (no valid will). They collect assets, pay debts and taxes,...

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Elder Law Estate Planning Probate

What is a durable power of attorney?

March 26, 2026

A durable power of attorney is a written legal document that authorizes 1 trusted agent to handle your financial matters if you become incapacitated. It...

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Elder Law Estate Planning Health Care Law

What is a healthcare proxy?

March 26, 2026

A healthcare proxy is a legal document that names 1 person (and often an alternate) to make medical decisions for you if you can’t communicate....

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