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Show The Salt Lake Tribune. Sunday. September 23. Estate planning can save tax sum for family By Leonard M. Groupe Chicago Daily News Writer The sudden and premature passing of a dear fnend and close associate nas made me as nothing else conscious could of estate planning and how it can reduce death taxes. News of weddings But if he had provided in his that in the event of a simultaneous death in a common disaster, his wife would be presumed to have survived him, the marital deduction would have been saved for his estate Just a technicality. A single sentence in a simple will and almost $22,000 less tax. A loophole? No.' Intelligent estate planning. All of us can benetit from estate planning: Anything thoughtfully done m advance to lessen the burden on the family. It could be as simple as keeping an list of jour valuable papers such as insurance policies, bank books, stocks, etc., so jour widow needn't be left as much in the dark as your wife. S A SLs. Thomas L. Jones Mrs. Dale Morris conveniently located at 232 South Main Come visit us and see all of the exciting new fashions especially designed for Queen Sizes." Park in the Main Mall and step into or park at our rear entrance ... D;i!i-Madse- n Shene Davis and Dan G. Madsen were married Sept. 14 m the Jordan Park International Peace Gardens. Parents of the bride are Mr. and Mrs. George Junior Davis. Salt Lake City. The bridegroom is a son of Mr. and Mrs. Boyd G. Madsen, Salt Lake Cit. nn Fullerton and Muey Thomas L Jones were married Friduv at the Edelweiss Grant's. He validate both! FASHIONS dahlts)UEEN 232 South Main, 3644 80 1 going Death taxes are one of the painful facts of life. There are two kinds. The federal government imposes an estate tax. which is a tax on the estate itself, before it is distributed to the heirs. Most states immhei.tance tax. pose an v.inch is based on the actual amount received by the indi-idual heirs. places Move into Utahs fail. Beautiful ! And go with us into new v State tax exemptions are usually far less than federal exemptions and the state tax rates are usually far less. Its Uncle Sam who takes the big whenever he can. slice temporary quarters in downtown h Salt Lake City. Just pat of the f uture that holds more ZCMI best buys than ever before. ' Could Profit time for with one more week to go it's Even families of relatively modest means could profit by a reduction in death taxes if the breadwinner would show a little advance thoughtfulness. Death taxes can take a real chunk out of an estate, with the burden most often felt by middle-clas- s families. project Its a job for competent protessionals. How To Disinherit the Internal Revenue." by Philip S. Fry, of McIntosh. Minn., is chock-ful- l of examples of how sure jour famimake can jou ly will be able to keep more of the money jou leave them, lie professional regards advice as indispensable. Let me explain the marital' deduction and give one good example of what can oe accomplished with intelligent estate planning. Under the federal estate tax. the first $110,000 is exempt. In addition, the marital deduction exempts from tax the amount that is left to the wife (or husbandl. up to 50 percent of the entire estate. That effectively raises the $80,000 figure to $120,000 before there d be any tax. If the estate were $150,000, one half, if left to the wile, would be exempt, so would $80,000 of the remaining $75,000. leaving only $15,000 subject to the tax. is The marital deduction available only when there is a spouse, of course. Otherwise, $90,000 of the $150,000 would be taxed. Say. for example, both a man and his wife were killed instantly in an auto crash. With no wife to survive him. his estate couldn't take advantage of the marital deduction. If. with all of his insurance, (double indemnity . naturally) his estate totaled $200,000. the .t round-the-doc- ks PANTYHOSE STYLES the body blouse by lily of france comes in such yum colors Fuchsia, apricot, tangerine os well os white in the luxurious nylon that's called Qiana the classic blouse worn the modern way. Neat SUPPORT PANTYHOSE cuff on slender sleeves all and color. that long in Fashion foundations ot $20. man-tailor- ed front, two-butto- n STOCKINGS Agilon If you mail or phone your order, please indicate height and weight the life strides that speak in elegant accents and promise unending comfort casuals. Partnering pants, your career skirts - your volunteer The dressy mid-he- el and until vou stop to admire the shopping expeditions. The ones you won't know you're wearing, Butter-so- ft kidskin rich once aaain. and lines shaped around trim colorings Madeira (left) in red, camel, navy, black no wonder they're our best-seller- s. contours camel, black $22. The Stage Shoes Salt Lake (black too) $21; Baja in foot-cradli- Etiquette .EAN-- stock-u- p Here's how to save more and more and more on the newest, most op to 26 beautiful pantyhose and stocking styles. For instance, if you choose 6 pairs of 2.50 pantyhose (a $15 regular price), you pay only 1 1.95. Choose 12 pairs and save 7. 50. And so it goes. In black, brown, navy, tango, cocoa creme, sotin taupe. In Demi, Trim, Model and Stately proportioned sizes. These styles in Fashion Hosery, all stores: Estate planning is no .B 1 to our sparkling new store The bndegroom is the sun of Mr. and Mrs. Thomas L. Jones, Bountiful. ng navy, patent, Downtown, Fashion She js other stores. MANX'S Ta MoOne of the duties of a hostess, is to keep oshtroys empty ond tidy. Make the rounds occasionally with o silent butler TF W. 4 4 MiJ V. AWVA if 'W,AV tf f salt lake r 9 0 CM COTTONWOOD OGDEN VALLEY FAIR 4Mk ,41 I MAIL UNIVERSITY Y 4" - t mM iSS fr4 ) ' WEVE MOVED . Bountiful Fullerton-Jone- s (Copyright) Farming-ton- The bnde is the daughter of Mr. and Mrs. Ralph Fullerton, The bride is the daughter of Mr. and Mrs. Roland E. Burt, Salt Lake City. The bndegroom, son of Mrs. Marge Moms, Las Vegas, New, and Lawrence Morris, Utah Magna, is attending Technical College, where he is studying accounting and programming. He is also a member of the Air National Guard. ! will All Can Benefit at A reception was given Four Season's West. Center. A reception was given after the ceremony. The Heidleberg Restaurant, Rock Hill Farm. Farmington, was setting for the rehearsal dinner Rolene Burt and Dale Morns were married Fnday m St. Patncks Catholic Church federal tax would come to more than $31,000 instead of the less than $19,000 with the mantal deduction. The term estate planning" often conjures up isions of complicated tavsawng de ices dreamed up by tax experts and accountants solely to benefit the rich Recertion Burl-Morr- is i 1973 jr&i |