What Is The Difference Between A Will And A Trust?
A Will and a Trust serve different purposes. Most people don`t have either one. A Will and a Trust are similar in the effect that both let you designate exactly how you want your assets and other …
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What Is An Estate Tax?
The Estate Tax is a tax on the value of your property transfered to your hiers upon your death. The federal government allows every person to give away, either through lifetime gifts or upon …
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Legal Articles
Establishing a Trust for Your Kids
Many parents want to provide for their children financially but may be reluctant to allow a teenager or young adult unfiltered access to the money. They may be concerned that a child or young adult may lack the maturity to make sound financial decisions. At the same time, the parents may want the money to be available for the child for things like education and healthcare. In …
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What are the potential pitfalls of annuities?
Although annuities have their advantages, in terms of tax-deferred growth and an unlimited contribution levels, annuities also have a number of pitfalls that you must be aware of before you opt to purchase an annuity. If you rely on annuities as an estate or retirement planning tool, you may encounter limited investment opportunities, high costs and fees, an uncertain death benefit, and …
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