- Created on Thursday, 04 October 2012 15:03
If you think trusts are only for rich people, think again.
Generally speaking, a trust is simply an arrangement whereby one person agrees to hold property for the benefit of another. So, a trust is made to order if you are looking to reduce your assets/income or estate tax liabilities, avoid probate, or issue money to your beneficiaries in increments – instead of lump sums – in the event of your death.
- Created on Thursday, 04 October 2012 12:14
I read recently where Greg Station, the mayor of Phoenix (Arizona), tried to live on $29 during a weeklong SNAP Experience program hosted by the Arizona Community Action Association. The amount of money allotted Station for food is the average food budget for a SNAP recipient per week. That's roughly $4.14 a day.
Living on $4.14 a day is next to impossible in this economy. How could Station – or anyone for that matter – stretch such a sum to make it throughout the day without sacrificing his or her health?
- Created on Thursday, 04 October 2012 11:37
For movies opening October 5, 2012
BIG BUDGET FILMS
"Frankenweenie" (PG for scary images, mature themes and action sequences) Oscar-nominee Tim Burton (for Corpse Bride) directed this animated horror comedy about a young boy (Charlie Tahan) whose scientific experiment to bring his beloved pet dog (Frank Welker) back to life results in unintended consequences. Voice cast includes Winona Ryder, Robert Capron, Catherine O'Hara, Martin Landau and Christopher Lee.
- Created on Thursday, 04 October 2012 11:30
It used to be common for employers to encourage (or require) departing employees to withdraw their money from the company's retirement plan. Like most employee benefits, an employer-sponsored retirement plan is typically an expense for the employer.
Now that the baby-boom generation has started reaching retirement age (at the rate of about 10,000 per day), some employers are encouraging departing employees to leave their retirement savings in the company plan.
- Created on Tuesday, 02 October 2012 14:26
The best way for a family to experience drama and foolishness is for a family member with any kind of assets to pass away without a will.
Some of the worst behavior is frequently exhibited during the time of a family member's death. One would never want to see such behavior, but unfortunately true colors come out during this time period. So plan accordingly.