SPIVALAW
09-09-2008, 03:30 PM
Hello everyone!
Great news!!
This Saturday 9/13/08, at 10am on WTKS 1290 am,The Never Settle for Less radio show is honored to have both Attorneys Richard Barid and Mike Smith, as our live guests.
Listen on the internet: www.neversettleforless.net
http://www.newsradio1290wtks.com/pages/listenlive.html
Click on "listen Live"
I hope you can join us...
MAKE IT A GREAT DAY!!!
howard
SPIVA LAW GROUP
Trial Lawyers
www.spivalaw.com
*********************************************
The topic is Estate Planning, the basics everyone needs to know.
During Smith Barid's live radio seminar, we're going to discuss subjects and take calls and questions. The topics include: Wills and Trust, disability, and taxes.
Everyone wants to avoid these topics and events; but for your family you need to know.
Any questions or details that we don't cover on the radio show will be available at free, public educational seminars available to all the listeners.
Many people do not give a single thought to the certainty of their own death; yet it will happen to each and every one of us. Estate planning forces us to face the financial and emotional consequences of death and take action to minimize the effects on our families. But if people were asked to summarize their estate planning wishes, most would simply say that:
They want their estate to be distributed to the people they choose according to their wishes;
They want to avoid excessive attorney's fees, court costs and unnecessary delays in passing on their property; and
They want to avoid or, at least, minimize the payment of state and federal death taxes.
What is estate planning?
Estate planning is the creation of a definite plan for managing your wealth while you're alive and distributing it after your death. When we talk about an estate, we mean all assets of any value that you own, including real property, business interests, investments, insurance proceeds, personal property and even your personal effects. These assets may be owned by you separately or jointly with others.
On the show we will give you a summary of the basics and let you know more about what you can expect to learn at our free, public educational seminars.
Below are examples of how married couples often hold title to property:
Separate Property: Entire interest owned by one of the spouses. Property was generally acquired prior to marriage or was a gift or inheritance to one spouse alone after the marriage.
Joint Tenancy: Individual interest owned by any two or more people in which the survivor acquires the entire interest upon the death of the other joint tenants.
What problems are we trying to avoid?
All of us face three principal obstacles in planning our estates:
Living Probate: The sometimes expensive, often difficult, court proceeding to manage your estate if you are disabled.
Death Probate: The sometimes expensive, often time-consuming, court proceeding to manage and distribute your estate at death.
Death Taxes: The taxes the government demands at your death. In 2001 the federal estate tax is set to hit a range of 41% to 55% of the taxable assets own at death.
What are your estate planning options?
There are four basic methods you can use to plan your estate:
Do nothing
Hold title to your assets in Joint Tenancy
Create a Will
Establish a Revocable Living Trust
What happens if you do nothing?
Believe it or not, a majority of Americans choose to do nothing. Experts report that 70% of all American adults have no written estate plan. Of those who have planned, most have created a simple will or rely on joint tenancy ownership of their assets to distribute their estate.
Unfortunately, for the majority who have no plan in place, state law will dictate how their estate is to be distributed at death. As you might imagine, the government's plan of distribution has no particular concern for the best interests of your family. There is no argument that doing nothing can result in probate costs, attorney's fees and, of course, higher death taxes. Also, most people don't realize that there can be major problems as a result of creating a simple will or holding title to your assets in joint tenancy.
Smith Barid's estate planning seminar will walk you through a discussion of each of the estate planning problems and explain what happens if you plan with joint tenancy, a simple will, or a living trust.
Richard S. Barid, Esq.
richard@smithbarid.com
315 Commercial Drive
Suite C-1
Savannah, GA 31406
(912)352-3999
Fax (912)352-7522
Smith Barid, LLC
Protecting Families . . . Providing Peace of Mind
Great news!!
This Saturday 9/13/08, at 10am on WTKS 1290 am,The Never Settle for Less radio show is honored to have both Attorneys Richard Barid and Mike Smith, as our live guests.
Listen on the internet: www.neversettleforless.net
http://www.newsradio1290wtks.com/pages/listenlive.html
Click on "listen Live"
I hope you can join us...
MAKE IT A GREAT DAY!!!
howard
SPIVA LAW GROUP
Trial Lawyers
www.spivalaw.com
*********************************************
The topic is Estate Planning, the basics everyone needs to know.
During Smith Barid's live radio seminar, we're going to discuss subjects and take calls and questions. The topics include: Wills and Trust, disability, and taxes.
Everyone wants to avoid these topics and events; but for your family you need to know.
Any questions or details that we don't cover on the radio show will be available at free, public educational seminars available to all the listeners.
Many people do not give a single thought to the certainty of their own death; yet it will happen to each and every one of us. Estate planning forces us to face the financial and emotional consequences of death and take action to minimize the effects on our families. But if people were asked to summarize their estate planning wishes, most would simply say that:
They want their estate to be distributed to the people they choose according to their wishes;
They want to avoid excessive attorney's fees, court costs and unnecessary delays in passing on their property; and
They want to avoid or, at least, minimize the payment of state and federal death taxes.
What is estate planning?
Estate planning is the creation of a definite plan for managing your wealth while you're alive and distributing it after your death. When we talk about an estate, we mean all assets of any value that you own, including real property, business interests, investments, insurance proceeds, personal property and even your personal effects. These assets may be owned by you separately or jointly with others.
On the show we will give you a summary of the basics and let you know more about what you can expect to learn at our free, public educational seminars.
Below are examples of how married couples often hold title to property:
Separate Property: Entire interest owned by one of the spouses. Property was generally acquired prior to marriage or was a gift or inheritance to one spouse alone after the marriage.
Joint Tenancy: Individual interest owned by any two or more people in which the survivor acquires the entire interest upon the death of the other joint tenants.
What problems are we trying to avoid?
All of us face three principal obstacles in planning our estates:
Living Probate: The sometimes expensive, often difficult, court proceeding to manage your estate if you are disabled.
Death Probate: The sometimes expensive, often time-consuming, court proceeding to manage and distribute your estate at death.
Death Taxes: The taxes the government demands at your death. In 2001 the federal estate tax is set to hit a range of 41% to 55% of the taxable assets own at death.
What are your estate planning options?
There are four basic methods you can use to plan your estate:
Do nothing
Hold title to your assets in Joint Tenancy
Create a Will
Establish a Revocable Living Trust
What happens if you do nothing?
Believe it or not, a majority of Americans choose to do nothing. Experts report that 70% of all American adults have no written estate plan. Of those who have planned, most have created a simple will or rely on joint tenancy ownership of their assets to distribute their estate.
Unfortunately, for the majority who have no plan in place, state law will dictate how their estate is to be distributed at death. As you might imagine, the government's plan of distribution has no particular concern for the best interests of your family. There is no argument that doing nothing can result in probate costs, attorney's fees and, of course, higher death taxes. Also, most people don't realize that there can be major problems as a result of creating a simple will or holding title to your assets in joint tenancy.
Smith Barid's estate planning seminar will walk you through a discussion of each of the estate planning problems and explain what happens if you plan with joint tenancy, a simple will, or a living trust.
Richard S. Barid, Esq.
richard@smithbarid.com
315 Commercial Drive
Suite C-1
Savannah, GA 31406
(912)352-3999
Fax (912)352-7522
Smith Barid, LLC
Protecting Families . . . Providing Peace of Mind