Archive for June, 2007

Financial Directive – Advanced Estate Tax Planning, Power of Attorney Issues

Saturday, June 30th, 2007

I recently wrote about the absolute need for a Medical Directive granting the exclusive power to your Agent for the purpose of communicating your healthcare wishes and to instruct those in charge of your medical care and to respond to the actual facts and variables known when an actual healthcare ...

Estate: Reader Question: A Trust for Grandchildren

Saturday, June 30th, 2007

Imagine what it would be like if each one of your grandchildren earned a scholarship to pay their college costs. Wouldnt that be great? In a sense they can. Not only that, they could receive grants to help them purchase their first home, start a business and even provide additional ...

Charitable Trust Registration Benefits

Friday, June 29th, 2007

People set up charitable trust with the combined purpose of getting involved into charitable activities, while accruing certain benefits for him, his heirs, and successors. Other pertinent reasons for which people set up charitable trust are to avail tax exemptions. Such charitable trusts are nonprofit organisations. However, ...