by Christine | Dec 18, 2012 | Retirement, Retirement Planning |
“People who see an age-progressed rendering of themselves are more likely to allocate resources to the future.” As reported in a recent Financial Planning article, executives of Bank of America’s Merrill Edge program have altered the face of retirement...
by Christine | Dec 10, 2012 | Retirement Planning |
An AARP survey found that more than 80 percent of us want to stay in our homes as we grow old. And as boomers go, so goes the remodeling industry. These days, preparing for retirement doesn’t just mean stabilizing your finances, preparing your estate,...
by Christine | Aug 1, 2012 | Elder Law, Estate Planning, Retirement Planning, Surviving Spouse |
Estate planning is critical to make sure your assets are passed down as you wish. But another component of estate planning for couples is making sure that the surviving spouse has enough money to live on. Most married couples want to ensure that all of their resources...
by Christine | May 10, 2012 | Estate Planning, Estate Tax, Exit Tax, Expatriation, Retirement Planning |
U.S. citizens or long-term residents who expatriate after June 16, 2008, are treated as having sold all their worldwide property for its fair market value the day before leaving the U.S. As far as the IRS is concerned, permanently leaving the country is something on...
by Christine | Feb 1, 2012 | Business Succession Planning, Retirement Planning |
Retirement plans have their place, but many entrepreneurs starve their business of needed working capital by putting money instead into tax-deductible accounts such as traditional 401(k)s. They think they are saving taxes. Small business owners, by and...
by Christine | Nov 15, 2011 | Estate Planning, Retirement Planning |
[Qualified Charitable Deductions] can be used to satisfy the RMD requirement for the IRA owner. This means that the IRA owner who doesn’t need his or her RMD for income can direct the distribution to the charity of his or her choice. If you would rather be a...
