Its not the strongest but most adaptable to change who survive Charles Darwin
Information and news for a Changing World
by Bruce Fenton Congress has been asked to consider cutting estate taxes as part of its annual quest to provide tax relief to the masses. To some, cutting estate taxes is not relief for the “masses”—rather it appeals to the “classes” of wealthy with large enough wealth to qualify for this highest tax in the [...]
by Bruce Fenton One of the seemingly easier tasks involved in the purchase of life insurance is naming the beneficiary. An agent with pen in hand asks the applicant, “Who will get the cash?” The applicant looks at his/her spouse and without a thought replies, “My spouse, of course.” However, as simple as it appears, [...]
by Bruce Fenton Hurricanes aren’t the only natural disasters that haunt insurance companies. Low interest rates and an anemic stock market can be just as disastrous when it comes to insurance company finances. Automobile, homeowner’s fire and property damage, and a variety of professional insurance coverages have made the news of late for either restrictive [...]
Handling the money in a second marriage takes planning and thought to avoid potential potholes on the road to marital bliss. The financial planning issues in second marriages can be broken into two parts: those required to conduct the everyday affairs of the marriage; and those relating to property ownership and estate planning. In the [...]
Don’t throw away your life insurance trust and its expensive life insurance policy just because the estate tax is going away. Like a bad dream, in ten years it could be back. The much ballyhooed estate tax reform and potential repeal is just that… potential. Congress made the tax law change subject to reversion to [...]
Not every business can afford to reward key employees with the largess of a Tyco or Enron. Yet rewarding key employees is very much a fact of life for many small business owners. Since planes, homes, boats, and forgiven loans are beyond the reach of most small business owners, a simple deferred compensation plan can [...]