Estate Planning News

President's Plan to Strengthen Retirement Security

President Bush believes that economic freedom is essential to individual success and prosperity. The President's economic agenda invests in individuals by creating jobs, expanding opportunities to save and invest, providing a good education, and helping each American own part of the American dream.

An important component of the President's economic security agenda is providing American workers and retirees new tools to protect their pensions, investments, and retirement security. The President has announced the implementation of rules that require workers to receive a 30-day notification before any "blackout" restrictions are placed on their 401(k) plans. Read more at whitehouse.gov

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	Did You Know?
	A "Family Limited Partnership" can be used to own and manage your property In a similar manner to a Trust, but allowing additional tax planning techniques to be employed. Family Limited Partnerships are typically used for those who have large estates and thus have a need for specialized estate planning in order to minimize federal and state estate/death/inheritance taxes as well as provide elements of asset protection.