Friday, June 05, 2009 Press Coverage of Estate Planning This Week (June 5, 2009)Tyra Pacheco of the Cape Cod Times (Hyannis, Mass.) finds that many people spend more time planning for a vacation than they do planning their estate. Although the reasons are numerous, she lists why drafting at least a will makes sense. See Why You Need a Will (May 31, 2009).
Stacey L. Bradford adapted a portion of her recent book "The Wall Street Journal Financial Guidebook for New Parents" to address whether you should consider setting up a trust for your children. In a Q&A format, she addresses many of the most important questions facing parents. See Deciding if Your Kid is Trust-Worthy (June 3, 2009).
Janet Morrissey of Fortune Magazine covers some basics in reducing the size of your estate to avoid estate taxes. See How to Avoid the "Death Tax" (June 4, 2009).
William Edy, Esq. writes in the News-Press.com about how to leave an IRA to children to achieve tax deferred savings and protect children from taking the money out too soon for imprudent purchases. See Elder Law: IRA Can Be Stretched to Pay Out Over Lifetime (May 31, 2009). |