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	<title>The Law Offices of James A. Miller Blog</title>
	<link>http://blog.worcester-estate-planning.com</link>
	<description>Our firm is dedicated to providing you with quality nursing home and estate planning resources, so you can become familiar with all of the existing options</description>
	<lastBuildDate>Fri, 03 Sep 2010 13:32:18 +0000</lastBuildDate>
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		<title>Retirement Planning Glossary:  IRA’s</title>
		<description><![CDATA[Traditional IRA:  A traditional IRA, or Individual Retirement Account, is a tax-deferred retirement savings plan that you establish on your own, separate from any retirement plan that may be offered by your employer.  For the year 2010, you’re allowed to contribute up to $5,000 to a traditional IRA; $6,000 if you’re age 50 or older [...]]]></description>
		<link>http://blog.worcester-estate-planning.com/2010/09/retirement-planning-glossary-iras/</link>
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		<title>What is Probate?</title>
		<description><![CDATA[If you’re just getting started on your estate plan, you may be wondering what probate is and why there seems to be such a big fuss about avoiding it.
Probate is the court process of having a deceased person’s Will declared valid and having their property distributed according to the instructions in the Will and according [...]]]></description>
		<link>http://blog.worcester-estate-planning.com/2010/09/probate/</link>
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		<title>The Grantor Retained Annuity Trust</title>
		<description><![CDATA[The Grantor Retained Annuity Trust (“GRAT”) is an advanced estate planning tool that benefits people with a high net worth who want to reduce their estate tax and gift tax burden while making a large transfer of appreciating assets to their children, grandchildren, or other beneficiaries.  Here’s how it works:
You, as the grantor, set up [...]]]></description>
		<link>http://blog.worcester-estate-planning.com/2010/08/grantor-retained-annuity-trust/</link>
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		<title>Being of Sound Mind and Body – The Makeup of the Typical Will</title>
		<description><![CDATA[‘Being of sound mind and body’ is a phrase we’re all familiar with. It’s the phrase most commonly used to begin a Will.
But that’s not the only important part of the Will. In fact, this phrase is part of what’s referred to as the Exordium Clause, the introductory portion of the Will that identifies the [...]]]></description>
		<link>http://blog.worcester-estate-planning.com/2010/08/sound-mind-body-makeup-typical/</link>
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		<title>The Difference Between Probate and Non-Probate Property</title>
		<description><![CDATA[Like many people, you may believe your Will is the document that distributes every piece of your property, right down to the last dollar.  This isn’t always the case however, as some assets are distributed according to other laws, regardless of what the Will might say.
A husband and wife for example, may own their home [...]]]></description>
		<link>http://blog.worcester-estate-planning.com/2010/08/difference-probate-nonprobate-property/</link>
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		<title>Definition: Mutual Fund</title>
		<description><![CDATA[We’ve all heard of mutual funds, and most of us, especially if we have a 401(k) or IRA, probably own mutual funds.  But, do you really know what a mutual fund is?  Here’s a basic definition.
A mutual fund is an investment in which a group of investors have pooled their money and hired someone, called [...]]]></description>
		<link>http://blog.worcester-estate-planning.com/2010/08/definition-mutual-fund/</link>
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		<title>Three Estate Planning Tips for Young Couples</title>
		<description><![CDATA[With the excitement of starting your family, you want to focus on your plans, hopes and dreams for the future.  Estate planning is probably the furthest thing from your mind.  Plus, you probably feel like you’re too poor to make an estate plan, anyway.  It’s something  your parents and grandparents worry about.  However, it’s never [...]]]></description>
		<link>http://blog.worcester-estate-planning.com/2010/08/estate-planning-tips-young-couples/</link>
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		<title>What is a Codicil?</title>
		<description><![CDATA[A Codicil is a legal document that makes specific, preferably small, changes to your Will, while leaving all of the other provisions of your Will intact. 
People who are adding a new alternate executor, for example, or changing their name because of a marriage or divorce, often add a Codicil to their Will instead of executing [...]]]></description>
		<link>http://blog.worcester-estate-planning.com/2010/08/codicil/</link>
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		<title>Should You Use a Corporate Trustee?</title>
		<description><![CDATA[Deciding who to appoint as the Successor Trustee for your Revocable Living Trust can be tough.  For a lot of people, there just aren’t many good options among their friends and family members.  Either the people close to them aren’t experienced with handling finances, aren’t trustworthy, or can’t do the job for a number of [...]]]></description>
		<link>http://blog.worcester-estate-planning.com/2010/08/corporate-trustee/</link>
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		<title>What it Takes to Challenge a Will</title>
		<description><![CDATA[It’s not unusual for an heir to be unhappy about the contents of a loved one’s Will.  Being left out of a Will or receiving less than you expected is difficult to accept.  However, winning a Will contest (a lawsuit challenging the validity of a Will) is no easy task.
  In order to have a [...]]]></description>
		<link>http://blog.worcester-estate-planning.com/2010/08/takes-challenge/</link>
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