Posted by Mark on March 27, 2009 under Life Insurance in Colorado | 
Senator Max Baucus of Montana is introducing a new bill to make the 2009 estate tax law permanent and reunify the estate and gift taxes.
The new law would keep the estate tax exemption at $3.5 million for individuals and $7 million for couples. Survivors would be taxed family survivors up to 45 percent on assets that exceed the exemption. Additionally, the new law would allow portability of the exemption for spouses, according to Baucus, D-Mont., chairman of the Senate Finance Committee.
Otherwise, in 2010 the estate tax would have been eliminated. In light of the huge federal deficit it should come as no suprirse that the government is looking for ways to at least maintain the current tax base.
The bill is expected to be passed into law in August of 2009.
Posted by Mark on February 19, 2009 under Life Insurance in Colorado |
It pays to have a plan and to have a plan for multiple contingencies. With all the turmoil in the stock market many people are wishing they had not been so heavily positioned in the market. While hind site is 20/20 it is not too late to consider some Safe Money investments for the future.
Time can be your greatest ally or enemy, so don’t procrastinate. Contact a qualified life insurance… Continue reading
Posted by Mark on December 30, 2008 under Long Term Care in Colorado |
Talk of health care reform is sweeping the nation. While there is widespread talk about everything from universal health care to an eventual evolution into a single payer health care system, one topic has been notably absent from these discussions: Long Term Care.
This really shouldn’t be surprising, as Medicaid is already overly burdened with Long Term Care related expenses and many states are aggressively going after the assets of Medicaid… Continue reading
Posted by Mark on December 28, 2008 under Life Insurance in Colorado |
The Bible teaches the wisdom of having a solid foundation and that is certainly prudent for planning for your future. You may recall the story of “The Wise and Foolish Builders” from Matthew 7:24-27 (New International Version)
“Therefore everyone who hears these words of mine and puts them into practice is like a wise man who built his house on the rock. The rain came down, the streams rose, and the winds blew and… Continue reading
Posted by Mark on December 23, 2008 under Colorado Small Business |
NBA legend Magic Johnson’s new book, “32 Ways to Be a Champion in Business” provides some good common sense tips on what it takes to be successful in the business world.
Releasing a ”how to be successful in business” book in a tough economy may at first seem to be poor timing, but one might also argue that this is the best possible time for business people to review the very business fundamentals that might… Continue reading
Posted by Mark on December 22, 2008 under Long Term Care in Colorado |
This is an idea from our government that is a step in the right direction. The Center for Medicare and Medicaid Services (CMS) introduced a new “Five-Star” rating system on December 18th, 2008. The goal for the system is to provide consumers with tools to help them compare long term care facilities across the nation.
The CMS rating system measures health inspection results, nursing home staff data, quality measures, and fire safety… Continue reading
Posted by Mark on December 15, 2008 under Life Insurance in Colorado |
While it is always a challenge to predict what is going to happen in the coming year, with our recent economic upheaval that task now seems all the more daunting. Afterall, who would have predicted the downfall of some of the financial titans that we’ve seen recently?
As the equity markets were hammered in the later part of 2008, it seems fair that we might predict that investors may be very… Continue reading
