Next Generation Gifting Considerations

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From- www.morganstanley.com

By- Rick Romano

Giving financial gifts to children or grandchildren can help reduce your estate taxes. However, if you are concerned about

wasteful spending by the recipients, there are several options that allow you to exercise some control over how the is

money used.

How Much Can You Give?

Federal law permits unlimited tax-free annual exclusion gifts of up to $14,000 per recipient ($28,000 if married), without

the donor having to file a federal gift tax ...

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Noah Today

By- Vincent Romano

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In the year 2016, the Lord came unto Noah,
who was now living in America and said:
“Once again, the earth has become wicked and over
-populated, and I see the end of all flesh before me.”
“Build another ark and save 2 of every living thing
along with a few good humans.”
He gave Noah the blueprints, saying:
“You have 6 months to build the ark before I ...
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21 Rules for Good Aging

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Photo- www.psychologytoday.com

By- Vincent Romano

1. It’s time to use the money you saved up. Use it and enjoy it. Don’t just keep it for those who may have no notion of the sacrifices you made to get it. Remember there is nothing more dangerous than some of your Kids big ideas for your hard earned capital. Warning: This is also a ...
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IL GOP Vote To Maintain One-Man, One-Woman Marriage Platform Plank

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From- www.illinoisreview.typepad.net

After hearing from Governor Rauner and Congressman Adam Kinzinger, the state convention got down to business – with the first order of business electing their National Committeeman and Committeewoman.

National Committeewoman Demetra DeMonte and National Committeeman Richard Porter were re-elected by the voice vote of the delegates.

DeMonte told those gathered that she’s working on party efforts to defunding Planned Parenthood, stop the overreach ...

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Thousands Protest Rauner’s Anti-Union Agenda at Springfield Rally

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From – www.rebootillinois.com

By- Kevin Hoffman

Thousands of union members converged on the Statehouse Wednesday to protest Gov. Bruce Rauner’s efforts to change state labor laws.

More than 8,000 union members and supporters from across the state marched through downtown Springfield, chanting anti-Rauner rallying cries as they passed the Executive Mansion and made their way to the Capitol. The rally was organized by the Illinois Working ...

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How Trump Did It

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From- www.thehill.com

By- Jonathan Easley

 

When Donald Trump entered the presidential race, he was widely mocked as a billionaire businessman putting on a vanity act.

Political pundits thought he was a joke and saw his entry into politics as a new episode in a reality television show.

A little more than 11 months later, Trump is the presumptive Republican nominee for ...

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The “Big Dogs” of Illinois Municipal Government

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From- www.forbes.com

By- Adam Andrzejewski

 

At a time when many are complaining about Washington, D.C., our data shows that states and local units of government need a lot more scrutiny. That’s especially true in Illinois where corruption is our number one manufactured product.

In Illinois, 72 small-town city and village managers out-earn every governor of the 50 states. Another 111 local employees of water districts, airport districts, park districts, counties, forest preserves, mass transit districts, health ...

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