HEADLINES
|
DID
YOU KNOW?
Making Money the Old-Fashioned Way
Among the top 5%
of households ranked by wealth, inheritances account for less than 8% of
assets.
HEALTH HAPPENINGS
An Alzheimer's Vaccine?
Today, Alzheimer's
afflicts about 12 million people, 4 million of them Americans.
MEDI MINUTES
Massive Medicare HMO Withdrawals Announced
This year will see the largest
ever mass-withdrawal of insurance companies from the Medicare program,
affecting an estimated 711,000 beneficiaries.
MONEY MATTERS
Fed May Crack Down on Abusive Lending Practices
The Federal Reserve is holding
public hearings on whether the government should impose stronger rules
to crack down on abusive lending tactics that take advantage of unwary
borrowers. |
Top
Site
Of
The
Week:
Senior
Living Alternatives
Book
Of
The
Week:
The
American Bar Association Legal Guide for Older Americans: The Law Every
American over Fifty Needs to Know
MORE
HEADLINES...
TAX TID-BITS
Settlement Agreement Does Not Invalidate QTIP &
Reverse QTIP Elections
The IRS recently ruled that
a settlement agreement will not affect a trust's qualified terminable interest
property (QTIP) and reverse QTIP elections or its generation-skipping transfer
tax-exempt status.
TRUST TALK
10 Big Trust Errors
As noted estate planning
author and speaker Frank J. Croke points out, more than 4 million trusts
are established each year, and 90% of them fail to properly provide for
the grantor's surviving spouse and children. |
JULY
14, 2000 
