by ccordell12 | Dec 30, 2013 | Estate Planning, Resources for Retirees, Tax Planning
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. The money and property you own when you die (i.e., your estate) may also be subject to federal gift and estate tax and...
by ccordell12 | Dec 30, 2013 | Insurance, Planning for Retirement, Resources for Retirees, Tax Planning
Your chances of requiring some sort of long-term care increase as you age, and long-term care insurance (LTCI) can help you cover your long-term care expenses. Although tax issues are probably not foremost in your mind when you buy LTCI, it still pays to consider...
by ccordell12 | Dec 30, 2013 | Asset Management, Planning for Retirement, Resources for Retirees, Small Business Owners, Tax Planning, Tools for Growing Families
It’s nice to own stocks, bonds, and other investments. Nice, that is, until it’s time to fill out your federal income tax return. At that point, you may be left scratching your head. Just how do you report your investments and how are they taxed? IS IT...
by ccordell12 | Dec 30, 2013 | Asset Management, Planning for Retirement, Resources for Retirees, Small Business Owners, Tools for Growing Families
A successful investor maximizes gain and minimizes loss. Though there can be no guarantee that any investment strategy will be successful and all investing involves risk, including the possible loss of principal, here are six basic principles that may help you invest...
by ccordell12 | Dec 30, 2013 | Asset Management, Financial Planning, Planning for Retirement, Resources for Retirees, Small Business Owners, Tools for Growing Families
Few terms in personal finance are as important, or used as frequently, as “risk.” Nevertheless, few terms are as imprecisely defined. Generally, when financial advisors or the media talk about investment risk, their focus is on the historical price volatility of the...
by ccordell12 | Dec 30, 2013 | Insurance, Planning for Retirement, Resources for Retirees, Retirement Planning
Your goals and priorities will probably change as you plan to retire. Along with them, your insurance needs may change as well. Retirement is typically a good time to review the different parts of your insurance program and make any changes that might be needed. STAY...
