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Sunday April 19, 2015

News and Events

Our News and Events
Exciting events are happening at OU
Join us for one of our upcoming seminars offering valuable estate and financial planning information.
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Personal Planner - Family Limited Partnerships
Family Limited Partnerships
A family limited partnership (FLP) is usually created by a husband and wife. It has several purposes. An FLP can save estate taxes and permit transfers to family members. While it is uncertain what...
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Savvy Living - Driving Safely with Dementia and Knowing When to Quit
Driving Safely with Dementia and Knowing When to Quit
Is it safe for seniors with dementia to drive? If so, when should they stop? My dad has early-stage Alzheimer's disease but still drives himself around town just fine. Most doctors agree that people...
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Washington News - Obamas and Bidens Publish 2014 Tax Returns
Obamas and Bidens Publish 2014 Tax Returns
Each year President Obama and Vice President Biden publish their tax returns. For 2014 President and Mrs. Obama paid $93,362 in federal tax on total income of $477,383. The tax rate is approximately 19.6% of their income. President and Mrs. Obama gave $70,712 to 27 charities. This represents about 14.8% of their adjusted gross income. While most gifts were $1000 or $1500, two charities received larger transfers. The Sidwell Friends School, a private school that daughters Malia and Sasha attended, received a $5,000 gift. The Fisher House, which provides housing for families of injured veterans who are in VA hospitals, received a major gift of $22,012. Vice President and Mrs. Biden received income from his salary from the federal government...
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