California E-Filing -- Update for How to Probate an Estate
To help deal with budget cuts imposed over the last several years, some California courts are adopting electronic filing (e-filing) as a means of handling paperwork more efficiently.
Arkansas Updates Its Requirements for Finalizing a Health Care Directive
In Arkansas, when you make an advance health care directive, if you give your agent the power to direct your final arrangements, you must have your power of attorney witnessed.
Nevada Adds a Requirement for Its Health Care Directive
For durable powers of attorney for health care decisions, Nevada now requires a “certification of competency” for principals who live in certain medical facilities
Nevada Adds Finalization Requirements for Powers of Attorney for Health Care
Nevada now requires those who live in certain medical facilities to obtain a “certification of competency” from a physician, psychologist or psychiatrist before signing a power of attorney for health care.
Minnesota Revises Its Power of Attorney Requirements
Minnesota now requires that you initial the Warning to the Principal section of your durable power of attorney for finances.
States to Refund Estate Tax Paid by Surviving Same-Sex Spouses
In June 2013, the United States Supreme Court struck down part of the federal Defense of Marriage Act.
Pennsylvania Exempts Farms and Businesses from Inheritance Tax
Family members no longer have to pay state inheritance tax on the value of Pennsylvania farms and small businesses they inherit, in certain circumstances.
Rhode Island Limits Estate Tax on Farmland
When farmland is part of a deceased person's estate, it will no longer be assessed, for purposes of state estate tax, at its full market value.
Wyoming Allows Transfer-on-Death Deeds
Wyoming has authorized the transfer of real estate at death with transfer-on-death deeds.
Iowa Updates the Language for Its Self-Proving Affidavit
Iowa revised the language that it prefers for its self-proving affidavit. A self proving affidavit can be attached to a will to make probate a little easier after you die.
Minnesota Enacts Gift Tax
As of July 1, 2013, Minnesota becomes only the second state to impose a state gift tax.
Virginia Allows Transfer on Death Deeds
People who own Virginia real estate can now use a transfer-on-death (TOD) deed to leave that real estate at death.
Hawaii Revises Its Health Care Directive Requirements
In Hawaii, when you make an advance health care directive, if you give your agent the power to direct your final arrangements, you must have your power of attorney notarized.
North Carolina Repeals Its Estate Tax
As part of sweeping tax legislation, North Carolina has repealed its estate tax, which this year applied to estates of more than $5.25 million.
California Exempts More Transfers from Reassessment
A new California law is designed to give seniors and unregistered domestic partners a property tax break that's now available to married couples and some family members.
Nebraska Allows Transfer-on-Death Deeds
Nebraska has joined the increasing number of states that authorize transfer-on-death (TOD) deeds as a way of leaving real estate at death.
Estate and Gift Tax Changes for 2013
Under legislation passed by Congress on New Year's Day 2013, the federal gift/estate tax will continue to affect only the richest American families.
Indiana Does Away With Its Inheritance Tax
Indiana has eliminated its inheritance tax retroactively, effective January 1, 2013.
Ohio Repeals Estate Tax for 2013 and Beyond
Effective January 1, 2013, Ohio will not levy an estate tax. The estate tax exemption remains $338,333 for deaths in 2012.