Life Insurance Trust could save heirs estate taxes

Few people realize that, even though they believe they have only a modest estate, they could be leaving their families to pay thousands of dollars in estate taxes when they die. A life insurance policy that is a part of the estate could be one reason for the higher tax liability. While a life insurance […]

Get schooled: Education savings accounts can be a benefit

Parents with college-bound children are undoubtedly concerned with setting up a financial plan to fund future college costs. The goal for parents whose children are already of college age is to pay for current or imminent college bills. The two main education savings account vehicles are Coverdell Education Savings Account and a 529 College Savings […]