Life Insurance Verses Annuity
Life Insurance Verses Annuity Life insurance verses annuity, which is best for your financial situation? Read on to find out how life insurance and annuities work, their differences, and what they can do for you. Life Insurance Basics Life [...]
Limited Liability Company Frequently Asked Questions
Limited Liability Company Frequently Asked Questions A limited liability company is a business structure that millions of businesses use. In this article, we will answer 8 limited liability company frequently asked questions. 1. What is an LLC? A limited [...]
Kiddie Tax Basics
Kiddie Tax Basics The kiddie tax was introduced by The Tax Reform Act of 1986. It was set up to prevent parents from transferring wealth into their children’s names for the sake of reducing tax liability. In this article, [...]
UTMA and UGMA Accounts
UTMA and UGMA Accounts UTMA and UGMA accounts allow you to provide a minor with financial savings and a head start. UTMA stands for Uniform Transfer to Minors Act. UGMA stands for Uniform Gift to Minors Act. These accounts [...]
Indexed Universal Life Insurance Myths
Indexed Universal Life Insurance Myths Indexed universal life insurance is a type of permanent life insurance. It offers both a death benefit and a cash value. The growth of the cash value is directly tied to an index. It [...]