by Christine | Oct 31, 2012 | Digital Assets, Estate Planning |
If you inadvertently lock out your executor or the very person who has power of attorney over your finances, you can create a huge hassle for your family just trying to pay your bills. Since we now live in a paperless world, they need something important – your...
by Christine | Oct 30, 2012 | Estate Planning, Executor, Inheritance, Wills |
The chief risk is always that the money will impact a kids’ motivation and self-reliance. “Ideally one would set aside enough funds to allow our family members to do anything they could do, but not so much that they could do nothing.” You give an inheritance to your...
by Christine | Oct 29, 2012 | Beneficiary, Estate Planning, LIfe Insurance |
Assets that allow beneficiary designations provide powerful benefits that permit the owner to designate who will inherit the assets, how they can inherit the assets, avoidance of probate, and potential tax minimization, to name a few. Most individuals do not give the...
by Christine | Oct 26, 2012 | 2012, Gift, Legacy Assets |
The problem is that few professional advisers understand the issues and opportunities surrounding the gifting of legacy assets, and even fewer owners of legacy assets are even aware that such planning is possible. Did you know 2013 is looming on the calendar as a huge...
by Christine | Oct 25, 2012 | Charitable IRA Rollover, Required Minimum Distribution (RMD) |
Many experts are betting that Congress will revive a popular tax provision that allows those ages 70½ or older to save on taxes while donating assets in their individual retirement accounts to charity. But if you intend to give money to charity this year, don't...
