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What a GRAT trust to fund before 2010 ends!

Who knows where the estate tax limits will fall in 2011.  It might be 1 million or 3.5 million or higher depending on how the legislators settle on this issue. Meanwhile, back at the ranch, Congress is trying to put limits on a popular trust families have used for years to avoid the estate tax. Since this type of trust works best at times when interest rates are low and asset values are depressed, we are urging high net worth clients to look at setting one of these up before Congress decides to make these trusts look like a rainy day in the tax world. This type of trust is known as a GRAT or grantor-retained annuity trust, which allows people to give a portion of an asset’s future profits to heirs tax-free. The trusts we have found can be very popular for clients who have a family business that is expected to increase in value or may have stock ...

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Is it smart to get tax refund?

Around tax time, we often hear the question, “Is it smart to get a tax refund?”  The answer really falls into the ‘it depends’ category. In general, I am not a big fan of getting refunds.  Anytime in today’s world that you give the Government an interest free loan of your money for a year is probably not a good idea.  When you get a refund, you withheld too much money out of your paycheck over the course of the year.  When your actual tax calculation is done at year end, you will receive the excess withholding back in the form of a refund.   This means that you should really sit with your accountant, CPA, or financial advisor and adjust that withholding number for the current tax year.   If you are going to put more money back into your paycheck, make sure you have those dollars systematically saved into some type of savings or investment vehicle so you don’t spend ...

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How Not To Go Broke with oXYGen Financial – 01/21/10

Enjoy this weeks show if you missed it on the Regular Guys on  100.5 FM “How Not To Go Broke with Kile Lewis and Ted Jenkin” of  oXYGen Financial – 01/21/10 Related Articles – Top 10 Credit Card Comparison Resource Sites , Overdraft Changes On Your ATM Card , Is It Time To Change Credit Cards? 11680 Great Oaks Way, Suite 175 | Alpharetta, GA 30022 Phone 1.800.355.9318 or 770.777.0427 oXYGen Financial, Inc. co-CEOs Kile Lewis and Ted Jenkin are both some of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation. ...

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Atlanta-based oXYGen Financial Featured on Rock 100.5 The Regular Guys

oXYGen Financial, the premier boutique financial services company for generation X and generation Y is now featured every Thursday morning at 8am on Atlanta’s Rock 100.5 The Rock 100.5 Morning Show in a segment called “How NOT to Go Broke” with co-CEO Kile Lewis. Atlanta, GA (PRWEB) September 29, 2009 — Fresh off a recent one year anniversary, Atlanta based boutique financial services company oXYGen Financial is beginning to hit their sweet spot. Already featured on local Atlanta based 790 the Zone sports radio, they have now developed a new segment for syndicated radio show The Rock 100.5 Morning Show which airs in Atlanta, GA and Dallas, TX. “There is nobody teaching the next two generations about how to manage their personal finances,” says Kile Lewis, co-CEO and Founder of oXYGen Financial. “Our partnership with The Rock 100.5 Morning Show emphasizes how important companies believe that people need to be taught how not to make the same financial mistakes again ...

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