Saturday, June 19, 2010

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The Spicy Joke of The Day
Miscellaneous Jokes :: #22592
By Anonymous from USA.

"I sent my son to college to get an education," complained Joseph to Allan, "but all he seems to do is shack up with girls, smoke pot, and have a good time."

"Most college students do that today," replied Allan. "That's the trouble," snapped Joseph. "I should have kept him home and gone to college myself."




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The Tip of The Day from WisdomTips.com
Legal, Taxes & Wills :: #6081
By Gary from Burlington, IA USA.

How to cut some Estate taxes
Both spouses put their property into A Bypass or credit shelter trust (AB trust). When one spouse dies, let's say the husband, his half of the property goes to the beneficiary named in the trust, often grown children. A condition is that the wife can use that property for life, including any income it creates. When she dies, that part of the property goes directly to the children without being taxed in her estate. That means the wife's taxable estate is half of what it would have been if she had inherited directly from her husband.

 
 
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