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February 26, 2010
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Estate Planning News

 

 

Accident, IED Claim Six Soldiers

WASHINGTON, Feb. 17, 2005 – Five soldiers from the Army's 1st Infantry Division died Feb. 15 when their Bradley fighting vehicle rolled into a canal during a combat patrol near the town of Khan Bani Saad, Iraq, military officials said today.

The soldiers were dead on arrival at a military treatment facility. Two other soldiers were injured in the incident. One is in serious condition and the other is in stable condition, officials noted.

Another soldier assigned to Task Force Baghdad died of wounds sustained in an improvised explosive device attack in western Baghdad on Jan. 24.

Names of the soldiers are being withheld until next of kin are notified.

Today, Task Force Baghdad troops discovered an IED near a western Baghdad elementary school. Members of the 4th Battalion, 31st Field Artillery Regiment, part of the 10th Mountain Division's 2nd "Commando" Brigade Combat Team, discovered the IED, and secured the area.

"Insurgents clearly put Iraqi children at extreme risk in order to intimidate citizens," said Task Force Baghdad's chief spokesman, Army Lt. Col. James Hutton. "The insurgent continues to prove that he cares nothing for the people of Iraq."

An explosive ordnance disposal team was called in and destroyed the device with a controlled detonation.

An Iraqi citizen was given a reward for alerting officials at the Joint Coordination Center about a roadside bomb planted in northeastern Mosul. Multinational forces from 1st Brigade, 25th Infantry Division (Stryker Brigade Combat Team), defused the bomb.

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Did You Know?    
 
 
A "Living Trust" can be used to hold legal title to and provide a mechanism to manage your property
You can select the person or persons you want -- often even yourself -- as the Trustee(s) to carry out the instructions you want in the Trust and name one or more Successor Trustees to take over if you cannot. Unlike a Will, a Trust usually becomes effective immediately, continues in force during your lifetime even in the event of your incapacity, and continues after your death. Most Trusts are "revocable" which allows the person who creates the Trust to make future changes, modifications and even to terminate it.

 


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Estate Planning Terms

 


Today's Terms

Living Trust

Definition:
Sometimes called an Inter-Vivos Trust--A written legal document established during a person's lifetime into which he/she places property.

Probate

Definition:
The process through which the legal title to property is transferred from a decedent to the beneficiaries. If a person dies with a will (testate), the probate court determines if the will is valid, hears any objections to the will, orders that creditors be paid and supervises the process to assure that property is distributed by the Personal Representative or Executor according to the terms of the will. If a person dies without a will (intestate) the probate court appoints an Administrator who receives all claims, pays creditors, and then distributes all property according to the laws of the state.

Federal Estate Taxes

Definition:
Taxes imposed by the US Government on the value of a person's estate upon his or her death.

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Estate Planning Resources

 


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Estate Planning Hot Topics

 
Topics Related to Estate Planning:

  • Trusts
  • Wills
  • Uniform Probate Code
  • Gift Tax

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Plano Estate-Planning Attorney

 
If you live in the following cities and need an Estate-Planning attorney you should contact our Estate-Planning Attorney as soon as possible:

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