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Show 0 To Pass on Estate, A Will Is a Must' Martha Patton Chicago Daily News Writer There aie many ways to leave your money and property to others. The way you By his ) he jaws of descent (which de ide the dispasition of an esi ite not covered by a will) oft n leal to frustration, more ta ?s and extra expense. Joint tenancy! needs tbe pro-te- e ion of a will in case both ter uus die at .the same time. Giwng a way. an estate before d.. h may lead to financial, ' and insurance de; undeuce alo ie may be subject to c . ?ssary taxation. answer to the firit three Is 0 good will drawn by a competent lawyer. One answer to the last coud be an will. . un-r.e- . lie The- - revocable insurance trust Is usually established if a large portion of one's estate wll consist of insurance proceeds., The trustee is designated beneficiary oi the insurance. A 4 hi -- . Velva Creme Mask, o oil skins. Elizabeth Arden's Beauty Adviser MISS LAURA STROUP The property. refreshing tighener for (add 49c postage) s 5.50 gift for you from Elizabeth Arden . . , Ardena Skin lotion, tones delicate tissues. 12 ounces (.odd 70c postage) facial C to Byolinoi, wear under moke-uadd 20c postge) velva moisture film p auburn frost lipstick transparent pressed powder beauty sleep your bonus gift with 5.00 minimum purchase of Elizabeth Arden THRU FRIDAY, FEBRUARY 26 to instruct you in the newest skin care i 6.50 the four Red Door basics nf beauty" will be in our Street Floor Cosmetics MONFEBRUARY 22 DAY, motive may be to avoid the need for probate, to place administration of your estate in another state or to acquire professional management ' for your estate in your later years. Tliis kind of trust provides no tax advantage for die creator of the trust of his estate. 42-ounce- A . methods at she unveils a new personal makeup beauty especially for you. smooth tiny tines. 2 ounces j 10.00 Ardona Cleonsor, the preferred cleansing. 8 method Tlu f r v cLeXmS! CKTiAtA Y- - I of j ounces (odd 70c postage) 5.50 STREET FLOOR COSMETICS Phone and mail orders filled, add indicated postage iJLl) SALT An irrevocable trust, however, can provide tax savings. But in this kind of trust you cannot retain any significant right, including access to income or principal, to property placed w ithin the trust if your objective is to avoid death i taxes. f? the death of the Insured, all policies are by the trustee and property passing under the will is also poured into the And here again you have trust.. Then the aggregate .the same disadvantage you fund J managed and distribhave with the gift. You may uted as the insured directed in eventually need the money. Updfi 'JAtU TU i This trust agreement can be revoked at any time before death. Even without revoking it, you may withdraw or add policies or pledge a specific policy as collateral for a loan. With the typical insurance trust agreement, the trustee does nothing until dath of the insured ; thus no trustee's fees are charged until that time. your ., vrtvA I may use a revocable living trust for mat or all of arid irrevocable trust. J 197! TO ENHANCE YOUR NATURAL BEAUTY the You insurance trust agreement.' Irving trusts are becoming more and more popular as devices to transmit property to thefliext generation. The three major categories most commonly used are: revocable insurance trust, revocable trust Jl, . . insured's estate, where they would be subject to probate proceedings and the state inheritance tax. It is reasonable to consider such a trust if insurance benefits would exceed St", COO (sometimes less) and there is other property to be added to the trust under the ut one thing is certain: a wi is an absolute must, (Yon mi :ht say it's the only wav to " ELIZABETH ARDEN . This device is one of the better ways to get insurance proceeds into trust without making them payable to the choose should depend upon the size of your estate and the competence of those to w hom leave if. yoyplan dir with agreement trustee. The Salt Lake Tribune, Sunday, February rV ' LAKE CITY Xfgf3'- v.. V: , .. ZA t. i tyri i, mfl i lyli . ; rrv-- 4 M.V to MB 49 rw ' i SLEEPING BEAUTIES BY BARBIZON WEEKENDER FOURSOME WITH DOUBLE-DUTY VERSATILITY NOW ON SALE! 45.98 ; in our travel ensemble composed of two sensational dresses deliciously topped with a matching coat and zingy print scarf. Solid color coat in blue or roie royon ond silk, print dress of fuchsiapink or novyblue acetate, sizes 1 2 to 20. 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SALT bask (left to right) LYNNE; blush, bluebell, or maize, sizes P.S.M.l, 4.99 regularly 6.00 SECOND . . . !2'S 1 ) (left to right) JOYCE; white, blush, bluebell, or maize, sizes . 5.99 P, S, M, L, XL, regularly 7.00 WITH OUR DAPPER DENIMS LAKE 2nd CITY SECOND cCcorrhoi-- SALT LAKE CITY FLOOR FASHION SALT LAKE CITY AND COATS OGDEN 18 in Provo area Zenith 737 in our outlying delivery area.lMuery north to Trrmnnton Far delivery. dial 3281188 in Halt Lake City area, 8251607 in Ogden area, Mail and hone ordet filled, indicate 2nd color chnid. del ii erv. There is c 50t charge on anyC.O.D. Mail order to Box 1465. odd indicated postage plu 4' irr ale tax in Utah. SHOP MOXDAY ASD FRIDAY AUoit between. 4 for in all day and Tooele, points Midway uesfto GrantsvPU 374-278- hmand.uuth 11 AM. to Payton and Provo, eat toHeberarid |
