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Articles in Home | Finance | Estate Planning


  • Retirement Planning With Financial Articles  By : Darren Callea
    One of the most important things that you will due during the course of your career is to plan for your retirement. Although it is an overused saying ... there is truth to the adage:
  • Five Uses For Survivorship Life Insurance  By : Robert D. Cavanaugh, CLU
    Survivorship life insurance can pay estate taxes, offset income taxes on inherited qualified plans, and replace assets. When putting your estate plan together, do not overlook this valuable planning tool.
  • Opportunity Cost and Your Long Term Care Decision  By : Robert D. Cavanaugh, CLU
    Are you considering long term care insurance but are balking because you don't think you will ever need it? Here is an approach that does not require annual premiums and provides a tax-free benefit to your heirs if long term care is never needed.
  • How to Make a Sizable Charitable Donation From Your IRA - Tax Free  By : Robert D. Cavanaugh, CLU
    If you are over 70 1/2, have an IRA and are charitably inclined, a new law allows you to make a substantial gift from your IRA — tax-free. However, there is a narrow window of opportunity.
  • Simplifying a Difficult Senior Planning Decision: The Family Home  By : Robert D. Cavanaugh, CLU
    Whether or not to sell their home is one of the biggest sources of consternation to seniors. Here are reasons to stay put and ways to remain in the home and get the equity out.
  • IRAs and Early Retirement  By : Robert D. Cavanaugh, CLU
    If you retire early and roll your 401(k) into an IRA, what is the best way to take out income to live on? What are the rules? What are the penalties for taking money out before the magic age of 59 1/2? What are the exceptions? What are the work-arounds?
  • Who Should Be the Beneficiary of Your IRA?  By : Robert D. Cavanaugh, CLU
    Why is making the proper beneficiary election for your IRA important? Does your election follow the rules? Is it the best one for your family circumstances? Is there a better one? Find out by taking a look a few common beneficiary elections and their results.
  • IRA Distribution Rules at Death: Critical Knowledge for Good Decisions  By : Robert D. Cavanaugh, CLU
    Your IRA could be one of your biggest assets. Do you know the IRA distribution rules at death? Do you have your IRA set up so your desires match the rules? Here’s a quick primer that could help you avert costly mistakes.
  • Roth IRA Distributions at Death: Pitfalls to Avoid  By : Robert D. Cavanaugh, CLU
    Your IRA may represent the bulk of your estate. Care must be taken to assure that your wishes for the distribution at your death follow the rules. Here are the rules and several common mistakes to avoid.
  • How to Guarantee a Lifetime of Long Term Care Benefits for Half the Cost  By : Robert D. Cavanaugh, CLU
    Many seniors have long term care needs but limited assets. Here is one technique to squeeze the maximum income from a given asset.
  • Do I Need a Residential Lease or Rental Agreement?  By : David F.
    The fact is most states only allow a oral contract between the tenant and landlord to be legal for a short period of time, because oral contracts often go to court it is necessary to have a written lease or rental agreement.
  • No Cold Soup at Your Retirement  By : Amy Goodmann
    All retirees hope that they will have enough cash to see them comfortably through their retirement years. The alternative is obviously more ominous – that they will outlive the comfort of their savings. The truth that most baby boomers have yet to comprehend that even through they will have their parents savings and life insurance plans to live off of we are living longer. Baby boomers will need to carry themselves on their retirement savings many times longer than life span that actuaries used in their precious calculations.
  • What You Need to Know About Your Real Estate Rental  By : David F.
    You may rent real estate to park vehicle(s), storage, office/business space, agricultural, institutional, or government use, and of course housing.
  • Know What a Residential Lease Form is Before You Sign  By : David F.
    The residential lease agreement form is a formal legal contract, and is used in the lease of apartments and homes. Renting a home or apartment is not as easy as money being exchanged..
  • How to Motivate a Seller  By : Firoj Khan
    You want to show such a seller the advantages of your offer. If he is more motivated to avoid stress than by positive goals, in this case, you would want to make the process as easy as you can for the seller. In your real estate negotiations, gather any information you can on the seller's motivations, then decide how to use this information. Use a seller's own motivators, and even their own words. If they say "I understand" a lot, then start a statement with "I think you understand why..."
  • Ten Ways To Find Your Purpose And Meaning In Retirement  By : Cynthia Barnett
    As you may know, people react differently to retirement. For some folks, it is the best time of their lives, a time for adventure, fun and excitement. A time when they can kick up their heels, relax, and enjoy the free time on their hands. For others, retirement is a period of boredom and insecurity. This is because they aren’t used to the flexible schedule and miss meeting and socializing with others in work related activities. They also miss the predictability of their days...
  • Should Your Life Insurance Policy Be Written In Trust?  By : Michael Challiner
    According to one of the largest UK life insurance companies, just 1% of life policies are written in trust. That is disgraceful and reflects poorly on the financial industry.

    Let's explain.

    If your life insurance policy is “Written in Trust” then, in the event of a claim, the insurance company pays out directly to the beneficiaries you name on the policy. The significance of this is easily missed.

    It means that if the policy is “Written in Trust”, the proceeds fro...
  • Are You Looking For A Financial Planner?  By : Sandy Baker
    A financial planner is an individual who manages the money of a family, a group or a business. They will provide you with the knowledge that you need about which are the right investments, how to manage them and what you need to do to be set for retirement, college, or to purchase your first home. A financial planner is quite necessary in this day and age. If you do not have one, you may not really know what to look for in those that you can choose from.

    Here are some help...
  • Estate Tax: What It Is And How It Is Filed  By : Gray Rollins
    According to the Internal Revenue Service (IRS), an Estate Tax is a tax that is imposed on your right to transfer your property and belongings after your death. The individual who is in charge of handing and filing an Estate Tax return is often the estate representative. An estate representative can be a family attorney or a family member who was declared the executor of an estate in a will. When dealing with an Estate Tax, there are number of things that an individual or fam...
  • How The Gift Tax Works  By : Gray Rollins
    Each year millions of Americans give a gift to other individuals that they know. Gifts can be considered anything from a new vehicle, to a trip, to a piece of land. A gift tax is a tax that is imposed when an individual gives away a certain amount of gifts that are considered valuable.

    According the Internal Revenue Service (IRS), an individual who gives a gift or a combination of gifts to one person that is valued at over eleven thousand dollars must pay a gift tax. The ...
  • What Is An Inheritance Tax And When Is It Applied?  By : Gray Rollins
    When an individual passes, on the federal government imposes an estate tax. This estate tax only applies to estate properties that are over one million fifty thousand dollars. The federal government is still likely to tax an estate even if all or a portion of the estate is being handed down to other family members. Instead of imposing an estate tax in this situation, there many states that impose an inheritance tax.

    An inheritance tax is also commonly referred to as a dea...
  • Sales Tax: What It Is And How It Is Imposed?  By : Gray Rollins
    A sales tax is a tax that is placed on the purchases of goods or services. The federal government does not have a national sales tax. Qualifying products or services are only taxable by a particular state government.

    Each state has the ability to impose their own sales tax rate. At the current time Oregon, New Hampshire, Montana, Hawaii, and Delaware are the only states that do not impose a state sales tax. It is possible for different counties inside these states to impo...


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