Archive for June 6th, 2007
Wednesday, June 6th, 2007
What about your debts and when you die? Who is responsible for any outstanding bills to be paid when the person owing them has died? Does one get off scott free? Do their relatives have to pay for the debts their loved one had accumulated? Does the Government take control ...
Posted in Blog Carnival, Career Information, Estates, Trusts, Wills | No Comments »
Wednesday, June 6th, 2007
Irrevocable Life Insurance Trusts (ILITs) are planning tools used to keep life insurance proceeds outside of the taxable estate.For example, if a married couple has an estate of 6 million, they can pass 4 million to the next generation with no tax if they set up the proper trust arrangement ...
Posted in Blog Carnival, Career Information, Estates, Trusts, Wills | No Comments »
