Monthly Archives: May 2011

Post-Mortem Letter Should Contain

What The Post-Mortem Letter Should Contain The following items should be included in the post-mortem letter. To-Do List Notify your employer (remember to include phone numbers). Notify certain friends and relatives (provide a list with phone numbers). If you have … Continue reading

Posted in Estate Planning, Senior Care | Tagged , , , | 1 Comment

Post-Mortem Letters

Do you have an emergency plan? Is there someone who knows where your passwords, bank accounts, important documents, wills and child care paper are?  Everyone needs to have a backup plan. An important part of any estate planning is the … Continue reading

Posted in Business problems/solutions, Estate Planning, Senior Care | Tagged , , | Comments Off on Post-Mortem Letters

Trusts

Trusts, Estates, wills how do you make sense of all of this. Today, trusts are not used only by the very wealthy. People of a wide variety of income levels use them as estate planning tools. Trusts are complex and … Continue reading

Posted in Business problems/solutions, Estate Planning, Senior Care, Tax Savings | Tagged , , | 5 Comments

Estate Tax “Repeal”

The 2001 Tax Relief Act repeals the federal estate tax in one of the most confusing tax measures ever enacted. The law reduces the overall estate tax burden over the years 2002-2009, until it is repealed in 2010-subject to revival, … Continue reading

Posted in Estate Planning, Senior Care, Tax Savings | Tagged , | Comments Off on Estate Tax “Repeal”

Estate and Gift tax Exemption Rules

The new $5,000,000 Exemption US Estate and Gift Tax Rules have attracted the attention of many families who have wealth and residency opportunities both in and outside of the United States. The basic income, estate, and gift tax rules that … Continue reading

Posted in Business problems/solutions, Uncategorized | Tagged | Comments Off on Estate and Gift tax Exemption Rules

Estate Planning Getting Started

Well as most of you know I just passed my Enrolled Agent exam and now I am licensed to practice in-front of the IRS. This being said, I had a desion to make. Where do I take my business, How … Continue reading

Posted in Senior Care | Tagged , , | Comments Off on Estate Planning Getting Started

Nine Facts on filing an Amended Return

With tax season over now people are scrambling to get their information for the extenstions they filed or have issues that warrant an amended return that was previously filed. Here at AABS we want all our clients and readers to … Continue reading

Posted in Business problems/solutions | 2 Comments