Word: trustingly
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...rate is 49%, though the wealthiest estates could wind up paying as much as 57% in federal and state estate taxes in decoupled states. Chane says the burden is "particularly acute" for married couples because their estate plans usually include what is known as a bypass or credit-shelter trust, which is designed so that no tax is paid when the first spouse dies. Yet this standard strategy can't shield an estate from the extra state...
...goal of estate planners used to be to leave clients with a clear picture and a certainty of what would happen upon their death. Unfortunately, the whole ball game has changed," says Donald DiCarlo, director of trust-and estate-planning services for the Vanguard Group...
There are ways to rewrite your will or trust to defer that state tax, but you need to make sure that in doing so, your estate won't face a greater federal tax burden down the road. Portland, Ore., couple Betty and Les Barkley put a disclaimer in their will so that the surviving spouse could delay paying taxes by refusing to accept a portion of the estate. Another approach is to claim a special marital tax deduction. Giving away enough money to bring the taxable estate below the federal and state thresholds or moving to a state that...
...Next up is Al-Ferdan, whose wood-fire oven sports a copper plate with "In God We Trust" written above it in Arabic. The pizzas ($5, including a Coke) have thin crusts and fresh ingredients. "This is better," says Gbassage, who used to flip pizza dough at a Domino's in Stockton, California. Our Iraqi panel agrees. "The feeling in the mouth is good," says Qassim Wahim, 42, a clerk in the Ministry of Transport...
American Secretary of the Rhodes Trust Elliot F. Gerson ’74 said he does not know why Harvard is so dominant in the Rhodes competition...