The "Rules of Retirement"

Retirement accounts are not what many people expected they would be in light of the global recession. What’s in them isn’t the only factor to consider, however; it’s important to understand who is entitled to your assets. According to New York State CPA, Ed Slott, retirement accounts and 401ks are “surrounded by a complex labyrinth…

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World's Richest Cat Can't be "Trusted"

According to an article in The Guardian, “Tommaso, a four-year-old, one-time stray from Rome, is thought to have become the world’s richest cat.”  We’ve seen cases like this before, but unlike Massachusetts, which allows residents to establish trusts for their pets before and after death, Italy does not. So in the case of Tommaso, the…

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