Your parents need an estate plan. Well, actually, they have one, but their State wrote it! Now it"s their turn. Consult with estate attorneys to establish a plan that meets their needs and wants. We set up a trust for our six kids. Each has responsibilities and equal benefits. We had 3 sources of information and impacts, and all 3 came up with the same independent recommendations. An estate of your parent"s size definitely has tax issues. Ours is a revocable trust, so we have control over it as long as one of us is alive. All income is ours and all assets are in our control until they pass to the kids. Trust plan cost under 2 grand. Saves way more in taxes and personal relief, for us and the kids. Our accountant is a certified estate planner, not all of them are. Our plan was done by others.
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Today's Featured Article - Show Coverage: Central Illinois Strawberry Festival - by Cindy Ladage and Janna Seiz. Every year the coming of summer is highlighted by different events for different people. For some, it is heralded with the end of school, tilling the garden, or completion of the planting season. To us, connoisseurs of find food, antique tractors, farm toys, crafts, and downright fun, the annual Strawberry Festival means summer is here. Every year, in Carlinville, Illinois, the Macoupin County Historical Society and the Macoupin Agricultural Antique Association team up to fill th
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