People set up charitable trust with the combined purpose of getting involved into charitable activities, while accruing certain benefits for him, his heirs, and successors. Other pertinent reasons for which people set up charitable trust are to avail tax exemptions. Such charitable trusts are nonprofit organisations. However, to avail all …
Read More »Tax Sheltered Annuity TSA 403b – What is It?
Tax-Sheltered Annuity (TSA), also known as a 403(b), is an alternative retirement savings plan. Not everyone can participate in this plan, and it is restricted to those who are employed by educational, cultural, or non-profit organizations such as religious groups (also known as 501 (c)(3) organizations). TAX-SHELTERED ANNUITY BENEFITS Contributions …
Read More »In Estate Planning An Ounce of Prevention is Worth a Pound of Cure
Shakespeares words speak a profound truth when it comes to Estate Planning and ultimately, Estate Settlements. Accordingly, preventing problems (an ounce of prevention) is worth much more than trying to solve them (is worth a pound of cure). When I tell people the name of my book, THE SETTLEMENT GAME: …
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