articles
Thomas J. Bouman, Attorney
Bouman Law Firm
7650 E. Broadway Blvd. #108
Tucson, AZ 85710
(520) 546-3558
"What You Should Know" Topical Q&As by Tom Bouman
Brief and to the point.
ESTATE PLANNING
ESTATE SETTLEMENT
ASSET PROTECTION
_______________________________________________
OTHER ARTICLES OF INTEREST
Does Money Buy Happiness?
From the Atlantic.com.
Does great wealth bring fulfillment? An ambitious study by Boston College suggests not. For the first time, researchers prompted the very rich—people with fortunes in excess of $25 million—to speak candidly about their lives. The result is a surprising litany of anxieties: their sense of isolation, their worries about work and love, and most of all, their fears for their children.
Estate Tax Update
Read my letter to clients about recent changes to the estate tax laws. (January 2011)
Ten Practice Features
I strongly recommend you read this list of 10 features that make my law practice different from the typical law firm.
IRA Protection Trusts
This 11 page article takes an in-depth look at the IRA Protectoin Trust, a sophisticated estate planning technique intended to coordinate the administration and distribution of IRA assets after death.
Benefits of Revocable Living Trusts
A fully funded Revocable Living Trust has numerous advantages over a Will-based plan.
Anatomy of Asset Protection
Description of common Asset Protection planning strategies, with emphasis on planning for physicians.
Do Living Wills Work?
Summary of 2004 medical study regarding effectiveness of living will documents.
Seven Estate Planning Mistakes to Avoid
Learn practical strategies to avoid common estate planning mistakes.
Drawbacks of Funding a Bypass Trust with Retirement Assets
Although appropriate in some cases, there are several good reasons to refrain from allocating retirement assets to a Credit Shelter trust.
Issues When Transferring an Existing Life Policy to a New Irrevocable Life Insurance Trust
Explanatory article about transferring an existing life insurance policy to a new Irrevocable Life Insurance Trust
20 Common Reasons to Do Estate Planning
Here are twenty reasons to keep your estate plan up-to-date, and only two of them involve taxes.
The Imperfect Power of a Power of Attorney
Kiplingers article reminds readers how dangerous it is to rely solely on a power of attorney for incapacity planning.
Family Limited Liability Company Operating Manual
This 45 page article provides an in-depth look into the process of establishing a family limited liability company. If handled properly, FLLCs provide many benefits including creditor protection and estate tax savings. Please include your mailing address in the E-mail.
