MARCH 19, 2001
HEADLINES

ESTATE TALK
LOTTO Prize is an Annuity and Must be Valued With Actuarial Tables
The Tax Court has ruled that a decedent's 18 remaining annual payments of lottery winnings must be included in his gross estate and valued for estate tax purposes through application of the actuarial tables under §7520.
 

LEGAL LINES
Personal Representative Ordered to Repay $40,000 in Administrative Fees
In a recent Maine case, an estate's personal representative was forced to pay back more than $40,000 in administrative and travel-related fees.
 

NATIONAL NOTES
Many Healthcare Providers Happy About Bush's Budget, But What About Reform?
Though President Bush's first budget blueprint received criticism for lack of detail, one missing detail has made healthcare providers happy: Medicare payment cuts. 

 

Top Site Of The Week:

National Consumer Law Center
 NCLC is an Advocate for Low-Income Consumer Justice and Focuses on Low-Income Consumer Issues.

Book Of The Week:

Protect Your Estate: Definitive Strategies for Estate and Wealth Planning from the Leading Experts

HEALTH HAPPENINGS
Alzheimer's Vaccine Hunters Switch From Defense to Offense
Scientists think they may have discovered a way to rid the brain of the deposits that are thought to cause Alzheimer's disease. 

OF INTEREST
New Bone-building Treatment May Be Better Than Estrogen for Treating Osteoporosis
Researchers may have just dealt a powerful blow in the battle against osteoporosis, the bone-thinning disease that affects 28 million Americans, 50% of women over 50 and 13% of men over 50.

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