DOES A LIVING TRUST MAKE SENSE FOR A SINGLE PERSON?
Wednesday, Mar 19, 2008 @11:46am CST Please Select a Bandwidth High | Med | Low var preroll = new Array(); preroll[0] = ‘/media/prerolls/41/appleby_preroll2008-04-02_12163193926326.flv’; if(preroll.size() > 0) { var vid = $(‘vidholder’); var singlevid = true; loadPlayer(‘topStoryMedia_18951’,”,preroll[Math.floor(preroll.size()*Math.random())]) } else { loadPlayer(‘topStoryMedia_18951′,”,’/media/flv_content/applebyquest5.flv’); } Watch the video for the answer… <> The Ozarksfirst Community Today’s Poll More Earth Day Which of these is NASA’s biggest “green” accomplishment? Storm spotting/weather system development Navigation using GPS satellites Ozone layer diagnosis Tracking warming and rising seas Showing the global reach of air pollution Other Vote View Results View Other Polls function poll_validate_2721(thePoll) { var question_ids = new Array(‘2751’); var pars = ”; //verify there are questions answered var verify = 0; for (var i=0; i Local Events More Student Arts Quest Displa
Yes, these trusts are just as effective for single people as they are for married couples – regardless of whether or not a person is a widow, widower, spinster, or bachelor. 14) Does A Trust Make Sense For Someone Who Has An Estate Of Less Than $600,000? Yes, because that person can still avoid the agony of probate. Anyone who has $200,000 in assets or more should have a trust because a $200,000 estate would cost $10,300 to probate. The larger the estate, the larger the savings. Trusts can be set up for individuals who have any size estate – even for people with modest estates. 15) Are Legal Fees Establishing A Trust Tax Deductible? It depends on the type of trust you establish. If you establish a tax-savings trust, then a portion of the fees are tax deductible. 16) Is The Living Trust A New Idea? No, it has existed for hundreds of years. 17) The Living Trust Is Sometimes Known By Other Names: “THE A-B TRUST” OR “ABC TRUST” “THE MARITAL DEDUCTION TRUST” “THE GRANTOR’S TRUST” “THE MARIT
