Promote your blog to 400,000 users.
Advertise on NetworkedBlogs.
You're now following Don West Jr.'s - Legacy & Estate Planning Blog
To un-follow, click the 'Following' button
To un-follow, click the 'Following' button
Don West Jr.'s - Legacy & Estate Planning Blog
Work Hard Every Day & Good Things Will Happen!Information
| Url: | http://www.Legacy-Lawyer.com |
| Author(s): | Don West Jr. |
| Language: | English |
| Tags: | Estate Planning, Legacy Statements, Legacy Planning |
| Description: | What is Legacy Planning? ************************************************* Legacy Planning is a compliment to the estate planning process and focuses on the intangible assets a person or family posses. A critical element in the generation of a legacy is the ability to maintain a tangible presence beyond the actual span of one's lifetime. While physical assets may be deemed a component of a person's ultimate legacy, the focus on family or institutional history, values and the stories that define us dictates that every individual, family and entity can be enriched through implementing a strategic legacy plan. ************************************************* What is Estate Planning? ************************************************* Estate Planning is the process of ensuring that the assets you've accumulated during your lifetime go to the people or institutions you wish, in the most efficient, tax-favored, and equitable way possible. ************************************************* |
| Ratings |  (8 Ratings) |
| Popularity: | 22 Followers |
Selected Content
Blog Feed
Under what circumstances will a family limited partnership reduce transfer taxes?
|
Family limited partnerships (FLPs) can be effective tools for asset management, facilitating pooling of investments and economies of scale. If properly structured and administered, they also allow...more |
2009-10-01
What is a Family Limited Partnership (FLP)?
|
A family limited partnership (FLP) is a legal entity formed under your state's limited liability partnership law between you and some of your family members.Does and FLP work just like a standard l...more |
2009-10-01
What are an ILIT's components?
| Irrevocable life insurance trusts (ILIT's) are used to:create an estate for heirs using life insuranceshield life insurance payouts from estate taxreplace assets given to charities or placed in IIO...more |
2009-09-30
Why would I want my irrevocable trust to own my life insurance?
|
If you own life insurance, it is included in your taxable estate and the proceeds will be taxable for federal estate tax purposes. So, in 2009, an individual is allowed a federal estate tax exempt...more |
2009-09-29
What is an irrevocable life insurance trust?
|
An irrevocable life insurance trust (ILIT) is an irrevocable trust that is created to own and be the beneficiary of life insurance policies on the trust maker's life. A reason to use this type of...more |
2009-09-28
A Legacy of Leadership - Congratulations to Dr. Julius R. Scruggs
|
Dr. Julius R. Scruggs, pastor of First Missionary Baptist Church, Huntsville, Alabama is the new leader of the National Baptist Convention, USA.Written from Anaheim Hills, CA. |
2009-09-13
1 like it:
What Is An Estate?
|
There is a common belief that "estates" are somthing that only millionaires possess. This belief is possible because most people have no idea what constitutes an estate to begin with. On TV and i...more |
2009-09-13
1 like it:
Photo: Changing
|
Photo of the Day - Sunday, September 13, 2009: "Changing" - Photo by Don West, Jr. All Rights Reserved. See it on Twitpic too. |
2009-09-13
1 like it:
Do my trustees put my trust property in their individual names?
| Trustees in the vast majority of trusts do not have equitable or real title to your property; they merely have legal title in accordance with their responsibility of prudently managing your propert...more |
2009-09-12
Followers
Displaying 22 followers.
Don West Jr.'s - Legacy & E... Discussion Board
Could not un/follow the blog, please try again later.
| Rate It: |
Author(s)
Most followers in:
followers are distributed among many areas. No clear concentration in one network.
Related Blogs
- Purcell & Amen, L.L.C.
Estate Planning, Seniors, Elder Law - Richard Spruill, Spruill Financial Services / Asset Protectors Inc.
Financial Services, Estate Planning, IRA/401K/403B and Company Buyo - Florida Estate Planning Lawyer Blog, by Jacksonville Attorney David M
Estate Planning, Probate, Asset protection - B.H. GREENBERG & ASSOCIATES on Estate Planning
Estate Planning, Wills & Trusts, Estate and trust administratio - Asset Protection & Estate Planning BlawG
Estate Planning, Asset Protection Planning, Nursing Home Medicaid Planning
Like NetworkedBlogs?
You should fan us here -->
You should fan us here -->
Questions? FAQ and contact info