By Lee Phillips Inheritance is the way assets are passed to your family or heirs once you have died. Assets are pretty much anything you own such as real estate, stock certificates or bank accounts. The average inheritance passed in the United States today is about $200,000.
Advanced planning and a good estate plan can make a difference for any person or business. A good example was in the news last week when the Carnival ship Triumph broke loose from its moorings and was damaged. This was the same ship that was towed across
How much money do I need to retire is one of the most common questions I get. It’s a question there isn’t an answer for, because there are so many variables. But, I can show you were to get more money to put into your retirement. Maybe
Trust tax rates are outrageous. (See table of Trust Tax Rates below.) There are two types of trusts: a simple trust and a complex trust. The type of trust you get will determine whether or not you are subject to trust tax rates. Simple trusts include the
