Talking Turkey About Death
Check out Turkey, Football, and End-of-Life Desires at Wills, Trusts and Estates Prof Blog which discusses Engage with Grace and the one slide project to make sure your loved ones express their wishes about terminal care:
Check out Turkey, Football, and End-of-Life Desires at Wills, Trusts and Estates Prof Blog which discusses Engage with Grace and the one slide project to make sure your loved ones express their wishes about terminal care:
The family will be together. Its a great time to talk about your estate plan. Some families talk about estate distribution all the time. Some families never breathe a word about it. Here are some thoughts for you to consider: Should your estate plan remain private while you are alive? It’s nobody’s business but yours,… Read More
See Greg Herman-Giddens’ post on the North Carolina Estate Planning Blog: Deductibility of Estate Planning Legal Fees which sets forth the general rule that all legal fees for estate planning are not deductible for income tax purposes. They are only deducible to the extent that they represent tax advice (that is fess in connection with… Read More
“The difference between divorce and legal separation is that legal separation gives a husband time to hide his money.” Johnny Carson In Pennsylvania, there is no such thing as legal separation for spouses. People are either married or single. Rights created by marriage can only be changed by divorce. This is not to say, of… Read More
County makes Mistake in Child Support Case but Man still Pays In 2001, Walter Andre Sharpe Jr. received a certified letter from Dauphin County Domestic Relations about unpaid child support payments. The letter claimed he had not paid support for an 11-year-old daughter he had in Harrisburg, PA. Sharpe ignored the letter because he knew… Read More
A safe deposit box is a metal box, usually housed in a private area in a bank. There are two locks on each box. When you rent a safe deposit box, you receive one or two keys to one of the locks The bank keeps the key to the second. The keys to both locks are… Read More
Here is a new one on me: A new choice – not just interment or cremation. Do you want to wear your loved one in a ring on your finger? A diamond can be made from the cremains. Check this out: click here 1 carat for $19,999 Or for the lower budget option: Cremation jewelry.… Read More
Lots of people have old life insurance policies that get lost. Who gets the money? No one. The insurance company keeps it. (Actually I think they are supposed to escheat but how do they know the insured is dead if no claim is made? And wouldn’t it be kind of scurvy to know the insured… Read More
Here is an Important post about keeping copies of your tax returns from The Wandering Tax Pro : click here
In view of the precipitous decline in the stock market, there are some tax strategies for owners of traditional or Roth IRAs to consider. Converting a traditional IRA to a Roth IRA A traditional IRA can be converted to a Roth IRA if, for the conversion year, (1) the taxpayer’s modified AGI (not counting the… Read More