How to Read a Financial Statement

How to Avoid Financial Tangles provides the latest tips on how to save money, organize your finances, and avoid costly financial and legal mistakes. Millions of people have benefited from this practical discussion of common financial and legal problems. For example, it tells you how marriage affects property, how to own real estate, how taxes will affect you, and what to include in a will (sample document included). It also tells you about life, car, and fire insurance. These are matters that most of us will confront and that everyone should understand.

How to Avoid Financial Tangles also contains valuable information for surviving spouses. It is understandable but unfortunate that most couples never prepare for the financial consequences of a spouse's death. This book spells out what a surviving spouse will need to know about funeral and estate procedures, how to release joint bank accounts, collect life insurance, file a will, and evaluate inheritance and estate taxes. The book also discusses money-saving probate and trust arrangements. A trust may enable you to plan the distribution of your estate to those you wish to support and thus gain satisfaction from seeing your plan at work. Trusts are not just for the elderly or wealthy. People of most ages and means might benefit from the prudent use of trusts.

You can get this updated and indispensable book for friends and family members as well as for yourself. It belongs in every home library.

Organized in 1933 as a private, independent, scientific and educational charitable organization, American Institute for Economic Research plans its research to help individuals protect their personal interests and those of the Nation. The Institute represents no fund, concentration of wealth, or other special interests. Its financial support comes primarily from the annual fees of thousands of sustaining members, from sales of its publications, and from tax-deductible contributions.