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Whitney Houston Denies She's Broke; Wins Lawsuit Vs. Step-Mom
Celebrity gossip websites ran a story last week claiming that Whitney Houston is “broke as a joke.” They even quoted an unnamed (of course) source claiming that Whitney would be homeless if not for the generosity of friends. She called someone to ask for $100, the story goes. If true, that would be quite a fall from financial grace for the singer who signed a $100 million record deal in 2001. . . .
Time Frames
As you probably know by now, the world is supposed to end late in 2012. It couldn’t be coming at a better time. Given the state of the economy, the continuing problems with housing and unemployment, the issues with Europe, and the upcoming Presidential elections, maybe it is time to simply hit the reset button- if there is one, and start over again. . . .
The Importance of Executing a Will for Members of the GLBT Community
A Last Will and Testament is generally the foundation of any comprehensive estate plan. Whether you have a sizeable estate that requires numerous estate tools to properly plan for, or only a modest estate that does not require complicated estate planning, the starting point is typically the creation of a Will. For members of the Gay, Lesbian, Bi-Sexual and Transgender, or GLBT, community, executing a Will can be even more important. . . .
Reverse mortgage – costs are down, so it might be time to reconsider
In the past year or so, the cost for reverse mortgages has decreased. Previously, this type of mortgage was fairly expensive to obtain, so it was questionable as to whether it was economically beneficial to obtain one. . . .
Alzheimer's Disease: the long goodbye
In 1983, President Ronald Reagan called members of the Alzheimer's Association to the White House for the signing of a proclamation declaring November as the National Alzheimer's Disease Awareness Month. November, which is also National Family Caregiver Month, is an ideal time to raise awareness of the resources and services the Alzheimer's Association offers the more than 5 million Americans living with Alzheimer's, and the nearly 15 million family caregivers. . . .
Five Estate Planning Mistakes
The estate planning process can be a mine field for the uninformed. Attorney Steven J. Fromm explains the 5 common mistakes that people make - and how to avoid them. READ MORE . . .
Steven J. Fromm | February, 2012
Save Taxes - Basics of an Irrevocable Life Insurance Dynasty Trust
For US persons, an irrevocable life insurance trust (ILIT) is arguably the most efficient structure for integrating tax-free investment growth, wealth transfer and asset protection. READ MORE . . .
Thomas Swenson, Esq. | January, 2012
Irrevocable Dynasty Trust in 2012 to Utilize $5 Million Exemptions for Gift, Estate and GST Taxes
Thomas Swenson, Esq. | January, 2012
A Roundup of Key Elder Law Numbers for 2012
ElderLawAnswers has compiled various important numbers regarding Medicare, Medicaid and Social Security benefits for seniors for 2012. READ MORE
Living Trust Network Staff | January 2012
New Tax Guide Helps People Save on Their 2011 Taxes
WASHINGTON — Taxpayers can get the most out of various recovery tax benefits and get a jump on preparing their 2011 federal income tax returns by consulting a newly revised comprehensive tax guide now available on IRS.gov. READ MORE . . .
Living Trust Network Staff | December 2011
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//2011 IRS NEWS & INFORMATION
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IRS News National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on IRS Funding and Taxpayer Rights -
IRS Tax Tips Don’t be Scammed by Cyber Criminals -
IRS Tax Tips Eight Facts to Help Determine Your Correct Filing Status
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IRS News IRS Offshore Programs Produce $4.4 Billion To Date for Nation’s Taxpayers; Offshore Voluntary Disclosure Program Reopens
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IRS - Forms and Publications For a listing of IRS forms and publications, click on "Announcements."
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