8 Things You Should Know About Long Term Care Insurance Long term care insurance is a special type of insurance that can cover you financially in the instance that you require costly long term care. In this article, we will go over 8 things you should know about long term care insurance. 1. You Will [...]
Five Years Before Retirement-What You Need to Know Five years before retirement is a critical juncture. If you are prepared, all you must do is maintain your retirement program. However, if you find out you are not prepared, you may need to make modifications to your retirement plan or retirement date. In this article, [...]
Testate Verses Intestate Probate Testate and intestate probate are two forms that probate can take. Which one you use will have a bearing on how the probate plays out. In this article, we will compare testate verses intestate probate. Testate Probate If an estate has a testate probate that means someone died with a [...]
Filing Taxes for a Family Filing taxes for a family can be complex. There are many variables that need to be taken into consideration. In this article, we will go over some of the variables involved when filing taxes for a family. Filing Status You have five filing statuses to choose from. Which one [...]
10 Things You Need to Know About Annuities Annuities are commonly misunderstood. But they can be useful investment planning tools. In this article, we will go over 10 things you need to know about annuities to be in a better place to utilize them properly. 1. What is an Annuity? An annuity is a [...]
Hedge Against Inflation It is important to hedge against inflation. Inflation is the rate at which the value of currency is falling. This causes prices of goods and services to rise. To hedge against inflation is the process of protecting against decreased purchasing power. In this article, we will go over five strategies you [...]
Beneficial Ownership Information Report Beneficial Ownership Information Report is a new requirement from the Financial Crimes Enforcement Network (FinCEN) that business owners must provide personal identifiable information to the federal government. This report was created under the Corporate Transparency Act (CTA). The purpose of its creation was to prevent anonymous shell companies and to [...]
Home Sales and Taxation Home sales and taxation go hand in hand. Fortunately, there are ways to reduce capital gains on your home sale and reduce taxes. In this article, we will go over secrets to home sales and taxation. Exclusions Under the Taxpayer Relief Act of 1997 there are exclusions that help reduce [...]
Estate Planning and Life Insurance Life insurance can be a helpful estate planning tool. Many use it to help their loved ones cover lost income or pay off debts, but there are more uses for it. In this article, we will discuss 3 ways you can use estate planning and life insurance. 1. Final [...]
Utilizing Traditional and Roth IRAs Utilizing Traditional and Roth IRAs can help you maximize investment benefits to boost retirement savings. In this article, we will go over how you can use Traditional and Roth IRAs for a combined benefit. The Basics The main difference between Traditional IRAs and Roth IRAs is how you fund [...]
