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What does it mean "to hold money in trust"? Trusts are difficult to understand. Mention the word "trust," and people become instantly confused. If a mother gave $10,000 to her son to hold and invest for her, with the understanding that the son would give her the money...
BUSH KILLED THE DEATH TAX, AND STILL THE TAX MAN COMETH If you have read the newspapers or watched television since the spring, you probably have heard something about the federal tax relief act that Congress recently passed and President Bush cheerfully signed into...
NEW JERSEY PASSES NEW ESTATE TAX LAW The estate tax is back. Well, at least in New Jersey. And I hate to tell you that I told you so, but I have mentioned in the past that the new federal law President Bush signed in June 2001 - a law that, in part, called for the...
THE BEST MADE PLANS SOMETIME GO AWRY I often talk to the public about Medicaid and Medicaid planning. Frequently, a member of the audience will have experience with applying for Medicaid benefits for a family member. Most often, the experience was negative. They found...
This past week my first child, a son, was born. I can't tell you how happy I am. In his face I see posterity. In my wife's face, I see the pure joy of being a mother for the first time. (Our dog who's use to getting a lot of attention … Well, let's just say he's not...
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