| 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.
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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. |