Posts Tagged ‘estate planning’
Estate Planning: Supporting a Noble Cause
Last December, the White House Conference on Aging held its first meeting in 10 years. The conference addressed the growing number of baby boomers reaching retirement and highlighted how a large number of them are contemplating volunteering. More and more retirees are volunteering for charities and non-profits in an effort to contribute to their community…
Read MoreBrief Study Financial Management: Section 2 Examining Wealth Accumulation in Text
In the world of financial management there are several phases. This article examines the part called wealth accumulation. The phase of wealth accumulation is the part that if it is not accomplished will mean that there is no retirement. Additional resources are contained at the end of this article. This is the phase that everyone…
Read More3rd part to Education for Financial Planning
Learn how to successfully plan for your future. Transfer your IRA,401K,403B and other Qualified Plans into a plan that you have upside returns without downside losses. Roth Conversion, go Tax to Tax Free,pay Tax on the Seed and not the Harvest. Become Totally Debt Free in 1/3 to 1/2 the time without changing your lifestyle.…
Read MoreEstate Planning Part 16 – the 3 Phases of Estate Planning
Estate planning is the process of accumulating and disposing wealth before death of an individual or estate owner. The most important goal of estate planning is to make sure that the greatest amount of the estate passes to the estate owner’s intended beneficiaries while paying the least amount of taxes. In this article, we will…
Read MoreEstate Planning : Retirement Planning vs. Estate Planning
Retirement planning aims to secure financial solvency during retirement, but estate planning aims to save estate taxes and rights in the case of death. Learn the difference between estate and retirement planning from an estate planning and probate lawyer in this free video on estate law. Expert: Brad Wiewel Contact: www.texastrustlaw.com Bio: Brad Wiewel is…
Read MoreGood Will Hunting – the Importance of Planning Your Estate Through a Will
Writing a will is one of the most important financial and personal decisions that someone can make in their lifetime, and yet, despite campaigns by the Law Society and the Government to convince us of the need to write a will, more than half the people who die each year do so without leaving a…
Read MoreTax Tip: Get Credit for Contributions to Retirement Savings Plans
If you participate in an employer-sponsored retirement plan or an individual retirement plan, you may be eligible for a tax credit. This credit used to be known as the Retirement Savings Contributions Credit (RSCC). It is now known as the Savers Credit and applies to individuals that meet the following income and filing status: •…
Read MoreHelp !!! Analyze this legal issue … (California)?
This is a text from a retirement plan administrator of the deceased citizen from CALIFORNIA name Bryan A.” If no benificiary designation is on file , the Retirement Plan provides a benificiary that will be determied in the following order of priority: (1) surviving spouse or domestic partner; (2) surviving children ; (3) surviving parents;…
Read MoreIntroduction to Financial Planning Education
Learn how to successfully plan for your future. Transfer your IRA,401K,403B and other Qualified Plans into a plan that you have upside returns without downside losses. Roth Conversion, go Tax to Tax Free,pay Tax on the Seed and not the Harvest. Become Totally Debt Free in 1/3 to 1/2 the time without changing your lifestyle.…
Read MoreNo RMD in 2009? Time for a Roth IRA Conversion
There are now no required minimum distributions from your IRA or retirement plan for 2009. This is huge for seniors. Though many news sources have reported this change, here, noted retirement planning expert Jim Lange explains in detail how to proactively take advantage of this new tax law. Seniors can now make a Roth IRA…
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