Shane Flait


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Most Tax Rates and Breaks Remain the Same for 2011 and 2012

The 2010 Tax Relief Act has set the tax rates and breaks for 2011 and 2012. Personal income tax rates and investment rates will remain unchanged. Seniors will see a charitable tax break for their IRA holdings. Here's the detail... *Income tax rates unchanged: Your personal income tax rate schedules will remain the same. That means the 6 separate marginal rate structure ranging from 10%... (posted by Shane 1 year 116 days ago.)
Fundamental Rights Denied Fathers Who Owe Child Extortion Payments

Extortion faithfully reflects what court-ordered child support payments really mean, how they're implemented and how they're enforced. Children are used as pawns by the state, the courts, lawyers, and many single mothers to extort money from fit and willing fathers who firstly are denied their children and then most other fundamental rights. Here's the scoop. *Denial of parental... (posted by Shane 1 year 117 days ago.)
How to Handle a Contempt Complaint Against You for Child Support

Fathers who have not paid all the child support ordered often find themselves confronting a Complaint for Contempt for not paying everything ordered. Too many fathers are unjustly sent to jail under a Judgement of Contempt without receiving the 'due process' they deserve. Here's how to handle your case if a Contempt Complaint is filed against you. Let me say first that the family courts... (posted by Shane 1 year 119 days ago.)
Estate Tax - A Moving Target

How your estate is taxed when you die is a moving target. This article summarizes where we are right now. Right now - during 2010 - you can die and there'll be no estate tax on your property. This result was built into the law back in 2001. At that time it was the consensus that the estate tax should be phased out and 2010 was the year it would be gone. But 'gone' is not going to happen. Yes, it's gone for 2010 but... (posted by Shane 1 year 264 days ago.)
IRAs and Qualified Plans Offer Limited Asset Protection

You can lose your assets to creditors (whom you've borrowed from), to claims under divorce or paternity suits, to trumped-up claims against your deep pockets, or to government for taxes owed. What you have in your IRA or other qualified plan has some asset protection. But federal and state laws together determine when and how much protection those assets actually have - and from whom. That's what... (posted by Shane 2 years 300 days ago.)
How to Let Medicaid Pay for Your Long Term Care

'Medicaid Planning' has come to mean planning to transfer your assets to loved ones in order to qualify for Medicaid coverage of your long term care (LTC) costs. That's because annual nursing home costs about $75,000 nationwide and can easily eat through assets and savings. This article explains some key issues involved in arranging to let Medicaid pay for your long term care. Paying for your long term... (posted by Shane 2 years 328 days ago.)