When it comes to funding your trust with your investment accounts it is important to understand the different types of investments. It is also important to know how they are funded in your trust to ensure they avoid probate and the investments are distributed to your beneficiaries according to your trust instructions. First, you [...]
The Right College for you! Most people are aware there is a lingering student loan debt problem in America. They may have heard about some of the precarious positions many borrowers now find themselves in. Most new students are aware of student loans and trying to become better educated when evaluating the decision to [...]
As a Certified College Planning Specialist (CCPS) it becomes one of my responsibilities to help clients with borrowing strategies. But there continues to be confusion regarding some of the student loan payoff plans currently available. As such I have become familiar with the Pay As You Earn (PAYE) Repayment plan. This is an [...]
Avoid Sibling Rivalries: WSJ: 'Wills,' prevent protracted legal battles when sibling rivalries are at play; Key to sound estate planning. It’s not uncommon for emotions to run high when family members make wrongful claims to a loved one’s estate. Quibbling over who really was to get that jewelry case, or the heirloom chairs can [...]
The New York Times points to fixed annuities to cover basic expenses It's no surprise that our gene pool is considered a marker for living a long life, particularly if the family tree is awash with longevity. However, not all of us know our gene pool and family tree history, luckily there are newspaper [...]
Avoiding Probate: Key to avoiding the 'missteps' that can lead to 'probate. The idea of lawyers and courts getting involved with our estate if we don’t have a living trust, or if our estate must pass through probate, is good motivation to seek estate planning advice. Avoiding probate is key to eliminating unintended estate [...]
The Importance of a Living Trust: Tips, Tricks, Do's and Don’ts: The importance of a living trust can be overwhelming. Many people have heard of a Living Trust, but few actually know what it is, or why it's important to have one. In this blog, we're going to discuss the importance of forming [...]
An individual health insurance plan is a great option if you are not covered by an Employed Plan, Medicare, TRIcare, or Medicaid. The Affordable Care Act marketplace offers high-quality coverage for Individuals and Families that are unable to obtain affordable coverage elsewhere. The categories to choose from are: Bronze: The insurer pays 60 percent and you pay 40 [...]
Being self-employed definitely has its perks; you get to be your own boss, set your own hours, and have total control over your work. However, it also means being subject to more in taxes, in addition to possible headaches when it comes time to prepare your tax return each year. If this is your [...]
It's never too early to buy life insurance, especially if you want to make sure your family and loved ones are taken care of in the event that something happens to you. Specifically, a life insurance policy can help to cover funeral costs and related expenses while also providing financial stability for your [...]
