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(July 05, 2008) The primary objective of an irrevocable life insurance trust (ILIT) is to remove the life insurance proceeds from appearing in the insured owner's estate assets. Therefore, when the ILIT testamentary document is drafted, it should be ensured that the insured does not retain or hold any life ..
(July 05, 2008) When you choose an executor for your will, you need to select someone who is not connected with the family in any way, rather than with an eye on the estate executor fee. It is important to note that by going in for a person who is not related in any way to your family, you are keeping the best ..
(June 26, 2007) People set up charitable trust with the combined purpose of getting involved into charitable activities, while accruing certain benefits for him, his heirs, and successors. Other pertinent reasons for which people set up charitable trust are to avail tax exemptions. Such charitable trusts are ..
(June 19, 2007) Do you want to trade in the highly liquidated and extremely profitable foreign exchange market, but don't want to learn all those terms, charts, indicators, and technical details that you need to be successful on your own? Then maybe you're looking for forex managed accounts. Don't know what that ..
(June 03, 2007) In terms of how much money is traded at any given day, the New York Stock Exchange is considered the largest exchange market in the world. It is also regarded as the leader in the equities market in terms of technology and investments coming in from all corners of the globe. Every day, the New York .
(May 27, 2007) Consumers all around the world all struggle with the issues of income and taxes. There are some countries where the tax rates are astronomical and people seek relief in any form possible. Due to those seeking tax relief, there have been rumors of using a living trust to avoid taxation. Many wonder ..