Friday, September 17, 2010 Press Coverage of Estate Planning this Week (September 17, 2010)
Deborah L. Jacobs writes in the New York Times of ways to reduce exposure to future estate taxes without giving away all of your money. Her list includes purchasing life insurance, remarrying and leaving assets to your new spouse, lending money to family members at today’s low interest rates, and contributing to a 529 education savings plan. See Devising Strategies While the Estate Tax Is in Limbo (Sept. 15, 2010).
Bob Carlson writes in Retirement Investing about events that might prompt a review and updating of your estate plan. Factors that argue for a review include: changes in investment values or net worth; changing personal values; changing tax laws; an evaluation of whether your fiduciaries are still the best people for the specific task; and changes in your personal life, such as a death or divorce in the family. See Knowing When to Revise a Plan (Sept. 13, 2010). |