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July 20, 2010
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Estate Planning News

 

 

Statement By Agriculture Secretary Mike Johanns Regarding Guatemala

March 10, 2005

"I am very pleased that Guatemala today passed the United States-Central America-Dominican Republic Free Trade Agreement, which follows the recent approval of this agreement by El Salvador and Honduras.

"This action now brings the United States one step closer to an agreement that will significantly benefit American agriculture. Farmers, ranchers and food processors will benefit from the opening of markets to 44 million consumers and an anticipated increase of $1.5 billion in U.S. agricultural exports.

"While the U.S. market is already open to imports from Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras and Nicaragua, this agreement will level the playing field for U.S. suppliers by eliminating tariffs on trade between our countries and create preferences for U.S. agriculture over our competitors.

"I look forward to working this year with the U.S. Congress to secure ratification of this vital trade agreement that will expand economic opportunities for all of American agriculture "

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Did You Know?    
 
 
A "Family Limited Partnership" can be used to own and manage your property
In a similar manner to a Trust, but allowing additional tax planning techniques to be employed. Family Limited Partnerships are typically used for those who have large estates and thus have a need for specialized estate planning in order to minimize federal and state estate/death/inheritance taxes as well as provide elements of asset protection.

 


  Newsroom  
 


Latest news about Financial & Estate Planning in Plano and nationwide:

Congressman Jefferson’s Remarks on Repealing the Estate Tax
Washington, DC – Yesterday, April 13, 2005, U.S. Representative William J. Jefferson (D-LA) submitted the following statement to the Congressional ...
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GM Announces Automotive Recall
NHTSA CAMPAIGN ID Number : 05V054000  Recall Date : FEB 14, 2005

General Motors, manufacturers of Chevrolet and Pontiac cars, has anno...

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Included A One-Time Corporate Tax Benefit Related To A Favorable Tax Ruling
On October 29, 2004, we completed the sale of our paper, forest products and timberland assets for approximately $3.7 billion to affiliates of Bois...
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Estate Planning Terms

 


Today's Terms

Gross Estate

Definition:
The value of an estate before the debts are paid. In California Probate statutory attorneys and personal representatives fees are usually calculated based on the gross value of the estate, so that the value of the home is calculated before deducting the amount due on the mortgage.

Personal Property

Definition:
Movable property, including furniture, antiques, automobiles, business equipment, cash and stocks. Compare with Real Property.

Incapacity / Incompetent

Definition:
Legally unable to manage one's own affairs due to mental disability. This may be temporary or permanent.

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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:

  • Alvin
  • Amarillo
  • Arlington
  • Austin
  • Baytown
  • Brownsville
  • Burleson
  • Carrollton
  • College Station
  • Cypress
  • Dallas
  • Del Rio
  • Desoto
  • Eagle Pass
  • Edinburg
  • El Paso
  • Flower Mound
  • Fort Worth
  • Friendswood
  • Garland
  • Grand Prairie
  • Grapevine
  • Harlingen
  • Houston
  • Irving
  • Katy
  • Laredo
  • League City
  • Lewisville
  • Mcallen
  • Mesquite
  • Mission
  • New Braunfels
  • North Richland Hills
  • Palestine
  • Pasadena
  • Pharr
  • Plano
  • Richardson
  • Richmond
  • Round Rock
  • San Antonio
  • San Benito
  • San Marcos
  • Seguin
  • Spring
  • Sugar Land
  • Victoria
  • Weslaco
 


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