Posts Tagged ‘Estate Planning’
Estate Planning: What Does “Per Stirpes” Mean?
This old Latin term means keeping your assets in your family bloodline … or does it? Keeping wealth in the family is a priority for those who’ve worked hard to build it. But you can never be too careful when it comes to the distribution of your assets. The presumption that our direct heirs will…
Read MoreEstate Planning: Is a Will Enough?
You may think that creating a will is the first and only necessary step in estate planning. It’s not. You should also consider creating a trust, appoint a power of attorney, and set up advanced directives. Creating a will is a good idea and an important step in legacy planning. But are you utilizing all…
Read MoreWhat Is Probate and Why Should You Endeavor to Avoid It?
The probate process can last for more than a year and can be expensive. By planning ahead, you can ensure that your estate won’t enter probate after your death. If a deceased person created a will before their death, the estate could enter probate after they die. The court oversees this process, which consists of…
Read MoreStock Market Storm Trackers Have Their Eyes on the Skies
The conditions are looking increasingly favorable for a hurricane of a stock market correction to form. Luckily, like with most hurricanes, investors have time to prepare. Plotting the course of the stock market can help us mitigate risk, much like plotting a hurricane’s trajectory. Tornadoes are smaller than hurricanes. They strike hard and largely unexpectedly.…
Read More7 Ways the Recent Tax Reform Could Affect Your Retirement Investments
7 ways the Tax Cuts and Jobs Act could impact retired investors A great deal has changed under the recent Tax Cuts and Jobs Act. Many changes may be for the better, some for the worse, and some hardly noticeable at all. What matters is that saving and investing during retirement has changed. Understanding the…
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