
- June30 2003
- Volume 10
- Issue 12
WATCH ESTATE PLAN
Solution:
The new laws on estate taxesmean you should take a new look athow your assets will be divided upwhen you die. The most commonerror is a will or estate plan thatspecifies that your children get anamount equal to the estate taxexemption limit, while the balance ofthe estate goes to the survivingspouse. Such an arrangement couldput your spouse in tight financialstraits, because your children will geta bigger share as the exemption limitgrows (from $1 million this year to$3.5 million in 2009). Your spousecould be left without enough cash tosustain them, or even with nothing.Plug in dollar figures foryour children, making sure there'senough left over for your spouse.
Articles in this issue
almost 18 years ago
Time to Invest Your Cash for Retirementalmost 18 years ago
What You Need to Know to Retire Earlyalmost 18 years ago
Incorporate the New Rules of Retirementalmost 18 years ago
Swiss Annuities Tower the American Fundsalmost 18 years ago
Second Home Helps Fund Retirementalmost 18 years ago
Redesign Your Practice's Retirement Plan?almost 18 years ago
Smart Home-Buyingalmost 18 years ago
"Retirement": You Can Quote Me on Thatalmost 18 years ago
SAVINGS PLANS LOSE OUTalmost 18 years ago
401(K)s AND REAL ESTATE





































































