Trusts can be quite useful for protecting children. However, for some children, the trust serves an additional function: It protects the principal from being rapidly spent by a child. These trusts have a specific name they are called "spendthrift" trusts.
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In the State of the Union Address, President Obama included several tax proposals. He stated his hope that high-income earners pay larger taxes in the future. The President also proposed a substantial number of major tax changes for businesses with international operations.
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"Do airlines still provide discounts to seniors on their airfares? My husband and I are retired and like to travel and are wondering which airlines offer the best discounts to budget conscious seniors."
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