Mortgage Bankers Holding Corp (MBHC) Message Board

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Microcap & Penny Stocks : Mortgage Bankers Holding Corp (MBHC)

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To: Witold who wrote (1197)	2/21/2000 10:40:00 PM
From: MicroKing	of 1241

NBC just did a report on Nightly News. They were talking about how people 50 and older are the richest generation ever. In the report NBC talked about how they could lose up to 80% of their money to taxes. Setting up a trust now includes Life Ins. policy to pay Estate taxes. Having an IRA, 401K.....without a beneficiary will result in higher probate taxes. Their are 62 million Americans with money in some form of retirement. The amount of money is $4 Trillion dollars. More and more their seem to be alot of information on properly protecting a person's estate and/or trust. People are richer now more than ever. MBHC/NICA provides a valuable service to Banks, Ins. Brokers and Mutal fund clients. A Good or Bad economy MBHC/NICA services are very important and will always grow. Just wanted to post what I just saw on the news. Greg

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