HEADLINES
|
DID
YOU KNOW?
Retirement: Not What It Used to Be
Life expectancy in
the U.S. in 1910 was only 50 years, and only the very old ever reached
the average retirement age of 74.
MEDI MINUTES
Clinton to Propose $21 Billion Medicare & Medicaid
Payment Increase
President Bill Clinton is
proposing an increase in Medicare and Medicaid payments to hospitals, nursing
homes, and other healthcare providers by $21 billion over five years.
MONEY MATTERS
Watch Out for Living Trust Mills
AARP has
warned that some firms masquerading as AARP affiliates are using high-pressure
sales tactics to sell costly and often unnecessary or even dangerous cookie-cutter
living trusts to lower-income seniors.
NATIONAL NOTES
Caregiver Stress a Growing Concern in the U.S.
The National Council on Aging
estimates that more than 7 million adult Americans provide unpaid care
to elderly and disabled adult relatives, spouses, or friends, and another
7 million act as long-distance caregivers. |
Top
Site
Of
The
Week:
Internet
Tools for Lawyers
Book
Of
The
Week:
Taxation
of Estates, Gifts & Trusts
MORE
HEADLINES...
RESOURCE CORNER
Variable Annuities: What You Should Know
Many Americans have integrated
variable annuities into their retirement and investment plans.
TAX TID-BITS
IRS Issues Final Regulations for Actuarial Tables
The Internal Revenue Service
has issued final regulations relating to the use of actuarial tables in
valuing annuities, interest for life or terms of years, and reaminder or
reversionary interests.
TRUST TALK
Maintaining ILIT Flexibility
Irrevocable life insurance
trusts (ILITs) remain one of the most effective and popular estate planning
tools, and we write about them quite a bit. |