Saturday, June 22, 2013

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The Spicy Joke of The Day
Elderly Jokes :: #7201
By Anonymous from USA.

Retired gentlemen went to apply for social security. After waiting in line for quite a long time, he arrives at the counter. The woman behind the counter asked him for his identification to verify his age. He looked in his pockets and realized he has left his wallet at home. He told the woman that he seemed to have left his wallet at home, "will I have to go home and come back now?" he ask.

The woman says, "unbutton your shirt." he opens his shirt revealing lots of curly silver hair. She says, "that silver hair on your chest is proof enough for me" as she processes his social security application.

When he gets home, the man excitedly tells his wife about this experience at social security office. She says, "you should have dropped your pants, you might have qualified for disability, too."




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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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