by ccordell12 | Dec 30, 2013 | Insurance, Planning for Retirement, Resources for Retirees
An annuity is a contract between you, the purchaser or owner, and an insurance company, the annuity issuer. In its simplest form, you pay money to an annuity issuer, and the issuer pays out the principal and earnings back to you or to a named beneficiary. Life...
by ccordell12 | Dec 30, 2013 | Insurance, Planning for Retirement, Resources for Retirees
It’s a fact: People today are living longer. Although that’s good news, the odds of requiring some sort of long-term care increase as you get older. And as the costs of home care, nursing homes, and assisted living escalate, you probably wonder how...
by ccordell12 | Dec 30, 2013 | Insurance
The way that you structure the ownership of your life insurance policy can have possible estate tax consequences. Without proper planning, the beneficiaries of your life insurance policy might not receive the maximum benefit you intended. So it’s important to...
by ccordell12 | Dec 30, 2013 | Small Business Owners, Tax Planning
Self-employment is the opportunity to be your own boss, to come and go as you please, and oh yes, to establish a lifelong bond with your accountant. If you’re self-employed, you’ll need to pay your own FICA taxes and take charge of your own retirement plan, among...
by ccordell12 | Dec 30, 2013 | Estate Planning
As a business owner, you’re going to have to decide when will be the right time to step out of the family business and how you’ll do it. There are many estate planning tools you can use to transfer your business. Selecting the right one will depend on whether you plan...
