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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 28, 1976
Page
3
Geraldine Strozier outlines how heirs benefit from estate planning and life insurance. Many middle income families overlook trusts and wills, risking heavy death taxes. Common myths include automatic spousal inheritance and joint ownership avoiding taxes. Planning now can protect savings and provide for children.
A two part series notes how dying without a will may trigger state laws and how joint ownership affects taxes. It cites IRS rules on spousal shares and deductions, warns of estate tax implications, and urges clear planning with a financial adviser.
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