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March 2012 Archives

How Gifting Assets Can Help Families and Save on Taxes

Starting this year, every individual can gift $14,000 each year to as many people as he or she wishes to lower his or her taxable estate. Most people leave their estate assets to loved ones in a Will or Trust, but the lifetime gift exemption of $5 million per person enables you to lower your estate tax threshold and enjoy the gift of giving.

How Trusts Can Protect Assets from a Divorce

Trusts play an important role in protecting assets against creditors as well as providing an efficient and tax-saving way to gift and manage assets. And depending on how they are structured, trusts can also help protect assets in case of a divorce; here's how:

2 Pros Every Baby Boomer Needs to Create an Effective Estate Plan

If it's one thing Boomers know, it's that life doesn't stand still - and neither should your estate planning. This is because as we age, we may acquire more assets, divorce, remarry, have more children, want to provide for grandchildren, need to make a plan for retirement...the list can be endless.

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