<![CDATA[The Nanners - Blog]]>Fri, 15 Jan 2016 21:15:05 -0800Weebly<![CDATA[​The Ramifications of Proper Estate Planning]]>Thu, 14 Jan 2016 18:48:36 GMThttp://thenanners.weebly.com/blog/the-ramifications-of-proper-estate-planningPicture
The proper utilization of estate planning techniques and strategies is the process of planning and arranging ones assets so that taxes and administration costs are minimized. In this process the goal is to pass as much as possible of the assets of the estate on to beneficiaries.

The usual parties who are involved in most cases, where the estate is large enough to generate substantial costs and taxes, are the estate attorney, the CPA, the bank trust officer and the life insurance professional. Check http://alexanderatty.com/estate-planning-attorney-austin-tx/ to get more information.

Taxes will be assessed in larger estates, both at the Federal and at the state levels, in many states. Taxes, however can be reduced by proper gifting strategies, as in many cases gifts can be given where the taxes are less than the corresponding estate taxes would be.

The arrangement of trusts coupled with proper life insurance planning can create liquidity in the estate proper so that assets do not have to be sold in order to pay taxes and costs. 

The chronic problem with many larger estates is that much of the asset component of the estate consists of real property and other assets that are not liquid, or are appreciating assets that are not capable of being readily, nor being desirous of being sold for cash.

This situation is where proper planning with a good will and trust setup, along with proper placement of life insurance can provide the needed liquidity to pay administration costs and taxes, without having to sell property.

Federal estate taxes must be paid in full within nine months of the death of an individual, and many state jurisdictions have time limits as well.

It is prudent to plan your estate in advance of your death, with periodic updates arranged as individual situations change along the way.

<![CDATA[​Who Will You Choose As Executor Of Your Estate? ]]>Tue, 12 Jan 2016 14:28:26 GMThttp://thenanners.weebly.com/blog/who-will-you-choose-as-executor-of-your-estatePicture
Another very important step to planning out your estate is to choose the executor of your estate. You want someone whom you can trust, and you also want someone whom you think would be good at handling this type of responsibility in general. 

It's not always easy settling up debts and handling the distribution of assets, and an executor needs to be able to carry out this monumental task. Speak with the person you select to make sure he or she knows that it's going to be his or her responsibility when you've passed.

<![CDATA[Roofing Maintenance Importance]]>Fri, 24 Apr 2015 16:44:23 GMThttp://thenanners.weebly.com/blog/roofing-maintenance-importancePicture
A roof is a very essential part of a home as it protects everything inside it from the external elements. A roof over your head is something that has always been essential for mankind, even in the days when they lived in caves. That is the reason that you must pay a lot of attention to the roof you have in your home, and ensure that you constantly maintain it, so that it gives you the decades of service that you will expect from a roof.

Roofs consist of a support structure, roofing materials; ridges, eaves and gutters, and each of these elements have their own role to play in the functioning of a roof. It is very essential that any attention to maintenance must take all these parts into account, as each of them act to perform their own particular function, and the failure on any part can lead to the breakdown of the structure and lead to very expensive restoration. 

Roofs need to be constantly inspected, especially after they have gone through any violent storms or poor weather. The inspection for a roof can start from inside the home, and signs of leakages or dampness that do point to some weakness in the roof. 

Quite often this can result from clogged gutters that are inducing rain water to get under tiles and finding their way into the home. This can also come about when some tiles or shingles have broken. This breakage can be the result of branches of trees falling in them after storms; can be a result of a weak supporting structure that has sagged or other causes like deterioration of the roofing material. 

Attend to these items as soon as the defects are noticed and make it a regular practice to clean up your roof and gutters after storms. Call up a trusted Ace Roofing Austin contractor to help you out. There is nothing like regular maintenance to ensure that your roof gives you the service and durability that you expect from it.

<![CDATA[Roofing Tips]]>Fri, 24 Apr 2015 16:41:14 GMThttp://thenanners.weebly.com/blog/roofing-tips]]>