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Maximizing Tax Benefits from Charitable Contributions: A Comprehensive Guide
Countless people make charitable contributions each year. Some people give cash. Some people give their old car, others the very shirts off their backs. Some give shares of stock, and others give their time. The rules vary as to how and whether each type of gift is deductible. A gift of your time or services,…
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Pet Planning – Not Just for the Rich and Eccentric
When people think of someone setting up a Trust for their pet, they might imagine Leona Helmsley’s pet Maltese named Trouble drinking Perrier from a crystal bowl in a lavish Manhattan penthouse. While Helmsley left $12 million to her pet dog, this was not her only bizarre moment. The “Queen of Mean” was known to…
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Five Reasons To Plan Your Estate Now
Five Reasons To Plan Your Estate Now We can all come up with reasons to procrastinate and avoid doing what we should. However, there are many reasons to avoid procrastination when it comes to estate planning. Here are five of them: Reduce estate tax and income tax Proper estate planning can reduce estate and income…
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Spring a Time of Renewal
Spring is a time of renewal, making it the perfect occasion to review your estate plan. Life changes, such as births, deaths, marriages, and divorces, can impact your plan’s effectiveness. Take this opportunity to ensure your wishes are accurately reflected and your loved ones are protected. Consider the following during your review: 1. **Life Changes**:…
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Want a Nude Funeral? Have it Your Way.
Want a Nude Funeral? Have it Your Way. Some of us have very specific ideas about events in our lives. We want our wedding just so. Perhaps it is an outdoor ceremony by the ocean or a Las Vegas ceremony…