Few of us feel delight when we hear the term "tax code". However, there has been some recent excitement in the area of trust taxation and administration that we all should direct our attention to.
In many instances you can reduce your tax liability while you give to charity. This is a win-win situation for everyone concerned, and there are a number of different vehicles of charitable giving that can be utilized. One of these is the CRUT or charitable remainder unitrust.
People who start to get serious about contemplating the implications of their mortality oftentimes think about the impact that they have had on the world as they were passing through. The mark that you leave is known as your legacy, and with the assistance of medical science your legacy can include the gift of life.
To be able to enjoy your life as a senior citizen you need to think ahead. Of course, making sure that you have the financial resources that you need is part of the equation. This involves working with a good Redlands elder law attorney to develop a cogent, personalized plan that prepares you for all of the eventualities of aging.
Retirement planning is something that is very important and it is neglected by far too many people. In the end, there is no guarantee that you will be able to retire. To do so you are going to have to be able to pay your way without working for perhaps a couple of decades or more, and for a lot of people this is going to take some very careful and intelligent long-range planning.