I have previously presented the following question to you, my loyal readers: should the income earned on savings be exempt from income tax regardless of the purpose of the savings? I think so, and I’m not alone, but the idea doesn’t seem to have gained much traction, yet. Under the federal tax code, there are […]
Posts Tagged ‘income tax’
ESTATE PLANNING LAW REPORT: Don’t Make a Holographic Will Unless You Have No Alternative
Arizona law requires that a will be in writing, signed by the testator and by two witnesses. A will that does not comply with those requirements can nevertheless be valid, however, if the signature and the material provisions are in the handwriting of the person making the will (that’s the “testator”). Such a will is […]