No One Can Take it With Them - But You Must Protect Your Wealth Before You Die

6.8.08

By Lance Winslow

It's all about money they say, and in the end it is all about money once again. Have you considered about gifting money to your kids or about how to set up you estate or how to make a trust so that you will not give all your life savings back to the government when you finally do expire? From retirement to expiration of your life cycle, you need a plan - a good plan and you need to know the ropes. It is for this reason that I take great pleasure in introducing this fine book to you:

"AARP - Wills, Estates, Trusts and Death Taxes" by Alex J. Soled 1988.

The book has an abundance of great information about wills, types of wills, each with complete explanations. Now realize since it was written in 1998 some of the information about trusts and taxation laws having to do with various types of trusts have been changed. There is a full education on terminology in estates, trusts, wills, and taxation so that the reader can understand the details needed to make an informed decision.

The book tells you how they work, when to use each type and the best strategies to maximize inheritance. The book in the appendix breaks down the various laws by state and has case studies along the way. I recommend if you are looking to learn a little bit of history on the subject to get this copy and to pick up the latest copy if you are planning on setting something up now. The AARP can help you, with their wonderful printed books on financial literacy for seniors.

"Lance Winslow" - Online Blog Content Service. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/. Lance Winslow's Bio

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