Category Archives: Estate Plan TrustsAre You Leaving an Inheritance?By Karo Itoje
Stop what you're doing right now for five minutes, and think about your present life style, your take home pay, your investments (if you have any), your family, and your age. With your life style and your present pay can you guarantee an inheritance for your family when you're […]
Advantages of Irrevocable Life Insurance TrustBy Dean Forster
The primary objective of an irrevocable life insurance trust (ILIT) is to remove the life insurance proceeds from appearing in the insured owner's estate assets. Therefore, when the ILIT testamentary document is drafted, it should be ensured that the insured does not retain or hold any life insurance […]
All About PrimogenitureBy Joseph Devine
According to common law, primogeniture is the right of the first born son to inherit the entire estate of the family regardless of other siblings. This system of inheritance began in 1066 in England, when the Normans brought the practice with them. According to this tradition, if no children resulted from […]
The Mystery of FDIC InsuranceBy Richard Wagner
Lately the stock market has been a very volatile ride. This past year's performance has been poor and with the rising fuel costs and credit crises these investment vehicles seem suspect. Certificate of deposit (CD) rates are not the best they have been but there are still bargains available […]
The Hidden Dimension of Estate PlanningBy Peter Merrick
Over the years we have all heard that we can do more with much less effort by understanding the power behind leverage. In this month's column I would like to shed light on some powerful leverage options that you may want to considered during the estate planning process […]
Advance Healthcare DirectivesBy Joseph Devine
No one really wants to think about the possibility of getting old, contracting a terminal illness, and dying. Mortality is something we all face, but of which none of us enjoy being reminded. From a practical standpoint, however, dealing and coming to terms with one's own mortality and aging process is […]
How Do I Divide My Stuff?By Gillian Leithman
A few days ago I conducted my second seminar in a two part series. The seminar is called, I always knew they loved her more, and the focus is on the emotional issues surrounding estate planning. This happens to be one of my favorite seminars to facilitate because […]
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