An estate plan is one of those things that we all know we should have, but few of us actually ever get to. Like backing up our computers, we figure well do it some day. But, because we procrastinate, we inevitably find ourselves in a situation where our hard drive …
Read More »Revocable Trust vs Irrevocable Trusts
A Revocable Trust or living trust is a legal arrangement used in estate planning that provides for the management and distribution of your property when you die. This will be stated on a Declaration of trust or Trust agreement. The trustor transfers property to the trustee, who holds the property …
Read More »Jumbo IRA or Pension – 5 Major Income and Tax Advantages of an LAP Plan
Do you have a jumbo IRA or pension plan? In the next 2 minutes you will learn how to increase your spendable income while you live and keep it from being taxed as much as 75% after you die! Just think, you can reduce the estate tax by using an …
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