Archive for May, 2009

Does Your Child Need a Special Needs Trust?

Saturday, May 23rd, 2009

We all need an estate plan but most of us put it off until we get older. An estate plan is one of the three foundation steps that are needed before you invest. If you don't have a basic estate plan, then an investment plan can go sour quickly under ...

Probated – Tips For Keeping Estate Assets Out of Court

Friday, May 22nd, 2009

Probated refers to the process and laws governing distribution of assets upon death. When a person dies everything they own is held in probate. Assets cannot be distributed to heirs until a judge grants authorization. The process is used to validate the decedent's Last Will, obtain property values, pay outstanding ...

Estates, Insurance and Taxes, POP QUIZ

Saturday, May 16th, 2009

True or False: The revocable living trust is an effective tool for reducing estate taxes and protecting against personal liability. If Mr. and Mrs. Jones have assets totaling $1.25 million, all of which they own jointly, what will their federal estate tax liability be at the death of the ...