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  2. What is transfer on death (TOD) for estate planning? - AOL

    www.aol.com/finance/transfer-death-tod-estate...

    Upon your death, estate taxes may apply if the total value of your estate exceeds the federal exemption threshold, which is $13.61 million in 2024. Most people won’t come anywhere close to this ...

  3. Probate - Wikipedia

    en.wikipedia.org/wiki/Probate

    In common law jurisdictions, probate is the judicial process whereby a will is "proved" in a court of law and accepted as a valid public document that is the true last testament of the deceased; or whereby, in the absence of a legal will, the estate is settled according to the laws of intestacy that apply in the jurisdiction where the deceased resided at the time of their death.

  4. Estate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Estate_tax_in_the_United...

    The estate tax is imposed only on the part of the gross non-resident alien's estate that at the time of death is situated in the United States. These rules may be ameliorated by an estate tax treaty. The U.S. does not maintain as many estate tax treaties as income tax treaties, but there are estate tax treaties in place with many of the major ...

  5. Estate sale - Wikipedia

    en.wikipedia.org/wiki/Estate_sale

    The most common reasons for an estate sale is the death of the property owner, [2] and the consequent need to quickly liquidate the deceased's belongings for any number of reasons: The survivors/heirs may have no interest in the bulk of the personal belongings left by the deceased

  6. Inquisition post mortem - Wikipedia

    en.wikipedia.org/wiki/Inquisition_post_mortem

    An Inquisition post mortem (abbreviated to Inq.p.m. or i.p.m., and formerly known as an escheat) [1] (Latin, meaning "(inquisition) after death") is an English medieval or early modern record of the death, estate and heir of one of the king's tenants-in-chief, made for royal fiscal purposes. The process of making such inquisition was effected ...

  7. What happens to your credit card debt after you die? - AOL

    www.aol.com/finance/what-happens-to-credit-card...

    After death, your estate may go through a process called probate, where debts are settled and any remaining assets are distributed to your beneficiaries and heirs.