|Articles|September 16, 2008

Physician's Money Digest

  • 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 Retirement

almost 18 years ago

What You Need to Know to Retire Early

almost 18 years ago

Incorporate the New Rules of Retirement

almost 18 years ago

Second Home Helps Fund Retirement

almost 18 years ago

Smart Home-Buying

almost 18 years ago

"Retirement": You Can Quote Me on That

almost 18 years ago

SAVINGS PLANS LOSE OUT

almost 18 years ago

401(K)s AND REAL ESTATE

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