DID YOU KNOW?
Senior Facts and Figures
The Administration on Aging offers these interesting facts regarding seniors.

ESTATE Q&A
Using an IRA with a QTIP
IRA assets can be used to fund a qualified terminable interest property (QTIP) trust, but the strict requirements of QTIP trusts and the confusing rules governing IRA distributions require careful planning

HEALTH HAPPENINGS
When It Comes to Your Diet, It's the Type of Fat that Matters
Dietary fat has gotten a bad rap lately. But if researchers are correct, the amount of dietary fat is not the issue. 

LEGAL LINES
Federal Circuit:  Unauthorized Gifts Included in Gross Estate
The Federal Circuit recently affirmed a ruling by the Court of Federal Claims that gifts made by the nephew of a decedent under a durable power of attorney were beyond the power's scope of authority and are therefore includible in the decedent's estate.

MEDI-MINUTES
Medicare to Cover Liver Transplants for Some with Malignancies
The Health Care Financing Administration  is expanding Medicare coverage of liver transplants to include certain patients with primary hepatocellular carcinoma. This will be Medicare's first movement towards transplant coverage for a liver malignancy.

RESOURCE CORNER
Homebound Seniors Can Register and Vote from Home
Homebound seniors may now find it easier to vote. The Federal Election Commission has created a National Voter Registration Form. This form is accepted by most states (including Colorado) and allows the voter to register from the comfort of home. 

TRUST TALK
Power to Buy Back Assets Does Not Make Trust Includible in Gross Estate
A recent private letter ruling involves a man who wants to reduce the size of his estate by transferring some assets to a trust for the benefit of his wife and children.