Pre-Retirement Information for those Close to Retirement
Getting control of your retirement makes you really feel comfortable and confident. Here is the retirement information to address frequent concerns that many people newly consider at this stage in life. The retirement information from this brief guide is categorized in accordance to six basic retirement preparation sections: • Your company retirement programs (401k,403b,Pension, etc) • Retirement revenue (from your [...]
Immediate Annuities – A Structured Inheritance Tool
Overlooked by most, this post describes the function of immediate annuities as an estate planning tool. None of us like to dwell on the transfer of our assets after we pass away. However, all of us need to make this vital plan and ensure that the transfer of our assets after our deaths is smooth. The tools needed for this [...]
Categories: immediate annuities Tags: beneficiaries, estate planning
Trusts and Estate Planning
Trusts play a big part in estate planning. What you don’t know about them can hurt you and your beneficiaries’ financial health and possibly your own. A trust is a legal entity – just like a corporation or a person. It holds assets for a beneficiary. The beneficiary could be you or another person. A trust document states the [...]
Categories: estate planning, trusts Tags: estate planning, irrevocable, revocable, trusts
Retirement & Estate Planning — Often in Competition
One aspect of retirement planning is protecting the assets you have accumulated. Estate planning is also about protecting the assets you have accumulated but comes at the issue of asset protection from a different aspect. For example, in retirement planning, one is concerned with asset allocation–the idea of spreading your money among different asset classes so that a decline in [...]
Categories: estate planning, retirement planning Tags: estate planning, retirement estate planning, retirement planning
Retirement & Estate Planning — Often in Competition
One aspect of retirement planning is protecting the assets you have accumulated. Estate planning is also about protecting the assets you have accumulated but comes at the issue of asset protection from a different aspect. For example, in retirement planning, one is concerned with asset allocation–the idea of spreading your money among different asset classes so that a decline in [...]
Categories: estate planning, retirement planning Tags: estate planning, retirement estate planning, retirement planning
Estate and Trust Planning
A trust serves to separate legal and equitable title. In plain English, this means that a trust holds an asset (any asset like a house, car, or bank account) in the name of one person (called the Trustee), but that the asset is really for the benefit of someone else (called the beneficiary). Why have trust and pursue trust planning? [...]
Categories: estate planning, trusts Tags: estate planning, trust planning
Estate Planning Basics – It’s not about Money
Estate planning is not just for the rich. It is for anyone that cares about their heirs. In fact, most aspects of estate planning basics have little to do with money. Estate planning basics do address the eventual and economical distribution of your possessions and authority but more importantly, how you take care of your loved ones. Many of you [...]
Categories: estate planning Tags: estate planning
Estate Planning Basics – It's not about Money
Estate planning is not just for the rich. It is for anyone that cares about their heirs. In fact, most aspects of estate planning basics have little to do with money. Estate planning basics do address the eventual and economical distribution of your possessions and authority but more importantly, how you take care of your loved ones. Many of you [...]
Categories: estate planning Tags: estate planning
Trust Income for Your Beneficiaries
One of the topics we cover on this blog is estate planning as its unlikely you will spend every last dime before you die. So let’s consider trust planning and how to leave assets to your heirs, just in case there’s some money left over. I am a big fan of leaving money in trust to provide trust income to [...]
Categories: estate planning, trusts Tags: beneficiaries, estate planning, trusts, trusts planning
Estate Planning Services-Not Just for the Wealthy
You may hear a lot about retirement planning. Estate planning is an essential part of retirement planning although many people aren’t aware of all that it encompasses. So they put it off until it’s often too late. Many assume that trust and estate planning is for the wealthy. But that’s not so. Let’s take a look at what estate [...]
Categories: estate planning Tags: estate planning
