by Christine | May 25, 2015 | Estate Planning, Estate Tax, Estates, Inheritance, Living Trust, Probate, Tax Planning, Trusts, Wills |
The House voted last week to repeal the estate tax, a longtime priority of Republicans that also spurred Democratic charges that the GOP is in the pockets of the rich. The 240-179 vote broke down largely on partisan lines, with seven Democrats voting to repeal the...
by Christine | May 15, 2015 | Asset Protection, Estate Planning, Estate Tax, Estates, Gift Tax, Inheritance, Probate, Tax Planning, Trusts |
Most of us don’t want to just enjoy our retirement and have enough money for old age, but to leave something behind as well. But what's the best way to do that? Should you leave an inheritance, or give your money away while you're still around? Let’s take a...
by Christine | May 12, 2015 | Advanced Health Care Directive, Asset Protection, Estate Planning, Estates, Inheritance, Living Trust, Power of Attorney, Probate, Trusts, Wills |
"Everyone of majority age needs at the least a will, a health care directive and a named power of attorney," says Mike Sena, a certified financial planner with White Street Advisors, a money management firm. "The express purpose of estate planning is to...
by Christine | May 7, 2015 | Asset Protection, Elder Law, Estate Planning, Inheritance, Living Trust, Probate, Tax Planning, Wills |
Few people get excited about doing estate planning, even though they might recognize the importance of leaving a legacy for their children and grandchildren. If you want to be smart about making gifts to your loved ones, though, there are some things you should...
by Christine | Apr 30, 2015 | Assets, Elder Law, Estate Planning, Estates, Inheritance, Living Trust, Probate, Trusts, Wills |
Trusts are private—the only reason Smith's gesture went public is because players put photos of the letters and checks on social media. "I don't think he would have wanted to draw attention to himself," says the trustee of Smith's trust, Tim...
by Christine | Apr 28, 2015 | Asset Protection, Charitable Remainder Trust, Charitable Trust, Elder Law, Estate Planning, Estates, Inheritance, Living Trust, Probate, Trusts, Wills |
Detroit businessman Dick E. Morand is giving to the causes close to his heart. Morand died in Detroit in 1977 at the age of 87. He was founder and owner of D.E. Machinery Company and was vice president of Addy-Morand Machinery Company. His wife, Helen, died in 1976...
