Monday, May 30, 2011

Ohio Estate Tax Repeal?

The Cincinnati Enquirer has a nice article about the Ohio Estate Tax. The tax applies only to taxpayers with assets valued at more than $338K. Proponents of the tax claim repeal would only benefit the "wealthy." How they consider a $338K net worth as wealthy is laughable. A house and a retirement plan should put most taxpayers over the threshold.

Wednesday, May 18, 2011

Hesistation to Use New Gift Tax Exemption?

Some wealthy individuals are hesitant to use the new $5 million gift tax exemption because they fear damaging the initiative and ambition of their children.

Tuesday, May 17, 2011

Will Your Roth IRA Always Be Tax Free?

Megan McCardle thinks not. Money quote: "So I think that ultimately retirees are going to end up consuming less than they currently expect to. And given the political economy of it all, I expect the burden to fall more heavily on those who have saved than on those who haven't."

Friday, May 13, 2011

Your Digital Life Post Death part 2

Popular Mechanics discusses problems with passwords and other digital data post-death. Site and companies providing solutions are here and here.

Thursday, May 12, 2011

Think Before You Buy?

Boomers have acquired too many possessions they no longer want and are selling them for pennies on the dollar.

Thursday, May 5, 2011

Digital Data - Post Death

Nice article about the need for heirs to access passwords and digital data after death.