by Christine | Apr 29, 2015 | Asset Protection, Assets, Elder Law, Estate Planning, Estate Tax, Individual Retirement Accounts (IRA), Living Trust, Probate, Trusts, Wills |
An IRA Trust can be a very valuable tool in certain circumstances. Unfortunately though, many people are unaware of the IRA trust and its benefits. Trusts are only for the super wealthy, right? Wrong! The Kokomo Perspective recently posted an article titled “Are You...
by Christine | Apr 22, 2015 | Asset Protection, Debt, Estate Plan, Estate Planning, Estate Tax, Estates, Probate, Taxes, Trusts, Wills |
Anyone can die leaving debt behind. Spouses and families should help prepare or revise estate plans to address current credit issues and create an action plan for the possibility of remaining debt after the borrower dies. If you aren’t sure what to do with a loved...
by Christine | Apr 17, 2015 | Asset Protection, Estate Planning, Estate Tax, Estates, Living Trust, Tax Planning, Turnover |
Legislation allowing Mississippians to place their assets in a trust for up to 360 years passed the state House and is now pending before Gov. Phil Bryant. How long should a trust really last? According to the Northeast Mississippi Daily Journal, Mississippi’s House...
by Christine | Apr 15, 2015 | Asset Protection, Charitable Giving, Charitable Planning, Estate Planning, Estate Tax, Estates, Living Trust, Probate, Tax Planning, Trusts |
Lifetime gifts may carry considerable advantages over charitable bequests, according to Atlantic Trust, the U.S. private wealth management division of CIBC (NYSE: CM) (TSX: CM). Lifetime gifting allows you to see your donation make a difference. In addition to this...
by Christine | Apr 14, 2015 | Asset Protection, Elder Law, Estate Planning, Estate Tax, Estates, Living Trust, Probate, Trusts, Widow, Wills |
As Mary Todd Lincoln’s character in “The Widow Lincoln” faces dozens of unpaid bills for home furnishings, clothes and jewelry, she asks, “How will I ever pay these debts? I am nothing. I am no one.” On top of moving out of the White House, mothering her sons and...
by Christine | Mar 27, 2015 | Asset Protection, Estate Plan, Estate Tax, Estates, Farms, Inheritance, Living Trust, Tax Planning, Trusts, Wills |
People who own as little as three acres and engage in agricultural practices such as hay harvesting, bee keeping, chicken raising, and designating land for grazing animals may find themselves rewarded by localities with an enormous discount of up to 95% on property...
