News & Resources
Dec 03 2013
If you give away money or property during your life, those transfers may be subject to federal gift and estate tax and
perhaps state gift tax.
Nov 26 2013
By definition, estate planning is a process designed to help you manage and preserve your assets while you are
alive, and to conserve and control their distribution after your death according to your goals and objectives. But what
estate planning means to you specifically depends on who you are.
Nov 19 2013
Once you have an idea of your retirement income needs, your next step is to assess how prepared you are to meet those needs. In other words, what sources of retirement income will be available to you?
Nov 05 2013
Your annual income during retirement should be enough (or more than enough) to meet your retirement expenses.
That's why estimating those expenses is a big piece of the retirement planning puzzle.
Oct 28 2013
What if you're nearing retirement and you determine
that your retirement income may not be adequate to
meet your retirement expenses?
Oct 17 2013
You may have a very idealistic vision of retirement--doing all of the things that you never seem to have time to do now. But how do you pursue that vision?
Oct 08 2013
employing a financial
professional, try to
determine whether the
individual or firm has
experience in dealing
with situations similar to
yours. If you have
substantial assets, you
may require someone
with a broader range of
expertise than would be
needed if your finances
were relatively simple.
Sep 27 2013
Life insurance can be an excellent tool for charitable giving. Not only does life insurance allow you to make a substantial gift to charity at relatively little cost to you, but you may also benefit from tax rules that apply to gifts of life insurance.
Sep 12 2013
A charitable remainder annuity trust, or CRAT, is a trust with both charitable and noncharitable beneficiaries. Every year for the term of the CRAT, the noncharitable beneficiary receives a payment (the annuity amount) from the trust property. At the end of the trust term, the remaining property passes to the charity. For this reason, the charity's interest is described as a remainder interest.
Sep 05 2013
A charitable lead trust is a trust with both charitable and noncharitable beneficiaries. It is called a lead trust because it is the charity that is entitled to the lead interest in the trust property. After a specified term, the remaining trust property passes to you or another noncharitable beneficiary you designate.