Sunday December 21, 2014

News

Our News
Exciting events are happening at SC
Thank you for your interest in Sterling College. Our hope is to serve you and your family with helpful information.
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Personal Planner - How to Fund Your Living Trust
How to Fund Your Living Trust
A revocable living trust is one of the principal estate planning methods. While everyone should have a will, there are many benefits of a revocable living trust. For individuals who have moderate or...
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Savvy Living - Shared Housing can Help in Many Ways
Shared Housing can Help in Many Ways
What can you tell me about home-sharing programs? Since my father passed away last year, my 70-year-old mother is interested in renting out a room in her house for some extra income and for the...
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Washington News - Tax Extenders Signed by President
Tax Extenders Signed by President
On December 16 the Senate passed the Tax Increase Prevention Act of 2014 (H.R. 5771). The 76-16 vote showed overwhelming support for a one-year retroactive extension of 55 tax extenders. The bill also included the Achieving a Better Life Experience (ABLE) Act. This bill allows families who have a disabled child to create a tax-favored savings account similar to a 529 plan. The ABLE account may enable the child to receive funds for education, housing, medical and transportation expenses. It will generally not limit other private insurance or Medicaid benefits. During passage of the tax extenders bill,...
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