Archive for June 22nd, 2007
Friday, June 22nd, 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 »
Friday, June 22nd, 2007
If youd hit her in the passenger door, you probably would have killed her, the officer told me as I looked over the crumpled front of my mini-van. I was a bit shaken, but relieved. It could have been so much worse, especially for Marge.That February day began like any ...
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Friday, June 22nd, 2007
The history of real estate tax and property tax can be traced back to Colonial America. Land was taxed on a per-acre basis until the nineteenth century when uniformity clauses were adopted to help protect settlers. The uniformity clauses now require that property be taxed according to its value.Illinois was ...
Posted in Blog Carnival, Career Information, Estates, Trusts, Wills | No Comments »